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Archived Press Releases and Penny Stock Market News for Adanac Molybdenum Corp (AUAYF/AUAYF.PK )

Adanac Reports Substantial Increase in Ruby Creek Mineral Resources

Press Release Source: Adanac Molybdenum Corporation Adanac Reports Substantial Increase in Ruby Creek Mineral Resources Wednesday April 15, 2009, 5:44 pm EDT VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 15, 2009 -- Adanac Molybdenum Corporation ("Adanac" or the "Company") (Toronto:AUA.TO)(Other OTC:AUAYF.PK)(Frankfurt:A9N.F) announced recently an updated Mineral Resource Estimate (the "April 2009 Mineral Resource Estimate") for its 100%-owned Ruby C
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Adanac Announces CCAA Protection Extension to July 3, 2009

Press Release Source: Adanac Molybdenum Corporation Adanac Announces CCAA Protection Extension to July 3, 2009 Monday April 6, 2009, 12:58 pm EDT VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 6, 2009 -- Adanac Molybdenum Corporation ("Adanac" or the "Company") (Toronto:AUA.TO)(Other OTC:AUAYF.PK)(Frankfurt:A9N.F) announced recently that its application of April 3, 2009 to the Supreme Court of British Columbia (the "Court") for an Order under the Comp
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Adanac Completes Initial Restructuring

(OTC:AUAYF) Adanac Molybdenum Corp. Press ReleaseSource: Adanac Molybdenum Corporation Adanac Completes Initial RestructuringTuesday January 20, 2:55 pm ET VANCOUVER, BRITISH COLUMBIA-Jan 20, 2009 - Adanac Molybdenum Corporation announced recently that in connection with its overall restructuring under the Companies' Creditors Arrangement Act , it has implemented measures to curtail its business operations and substantially reduce its operating costs. This initial phase of the Company's restructuring included, among other things, reducing employees by approximately 70%, substantially reducing contractors, demobilizing the Ruby Creek site, eliminating or substantially reducing services provided t
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Adanac Molybdenum Corporation: Ruby Creek Project-Exploration Update

(OTC:AUAYF) Adanac Molybdenum Corp. Press ReleaseSource: Adanac Molybdenum Corporation Adanac Molybdenum Corporation: Ruby Creek Project-Exploration UpdateTuesday January 20, 12:57 pm ET VANCOUVER, BRITISH COLUMBIA-Jan 20, 2009 - Adanac Molybdenum Corporation announces the results for the final 13 holes from its Ruby Creek 2007/2008 diamond drilling program.2007/2008 Diamond Drill ProgramThe program includes 60 holes from AD-372 to AD-341 including 10 condemnation holes:  AD-372 to AD-374 results previously reported on September 13, 2007 AD-375 to AD-383 results previously reported on July 10, 2008 AD-384 to AD-393 condemnation holes AD-394 to AD-402 results previously reported on September 30, 2008 AD-403 to AD-409 results previously reported on October 21, 2008 AD-410 results reported in this
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Adanac Gains Extension to Creditor Protection

(OTC:AUAYF) Adanac Molybdenum Corp. Press ReleaseSource: Adanac Molybdenum Corporation Adanac Gains Extension to Creditor ProtectionMonday January 19, 2:06 pm ET VANCOUVER, BRITISH COLUMBIA-Jan 19, 2009 - Adanac Molybdenum Corporation announced recently that, by Order of the Supreme Court of British Columbia made Friday, January 16, 2009, all of the relief granted in the Initial Order made in Adanac's Companies' Creditors Arrangement Act proceedings on December 19, 2008 has been confirmed, including the stay of proceedings which has been extended until April 3, 2009. Further information, including copies of the December 19, 2008 and January 16, 2009 Orders can be found on the website of KPMG Inc. at www.kpmg.ca/adanac.The Initial Order appointed KPMG Inc. as Adanac's Monitor.  En
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Adanac-Presentation at Rodman and Renshaw Conference in New York

(OTC:AUAYF) Adanac Molybdenum Corp. Press ReleaseSource: Adanac Molybdenum Corporation Adanac-Presentation at Rodman and Renshaw Conference in New YorkFriday November 14, 6:00 am ET VANCOUVER, BRITISH COLUMBIA-Nov 14, 2008 - Adanac Molybdenum Corporation announces that on November 11, 2008, Peter Jones, Chairman and CEO, made a presentation on Adanac and its Ruby Creek Project at the Rodman and Renshaw Conference in New York City, New York.To view the presentation, please visit our website at www.adanacmoly.com and access "Adanac Management Presentation" on the splash page. Adanac continues to reconstruct its website and expects the addition of "menu and inner pages" shortly.About Adanac Molybdenum CorporationAdanac Molybdenum Corporation is listed on t
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Adanac Updates Ruby Creek Bankable Feasibility Study Costs

(OTC:AUAYF) Adanac Molybdenum Corp. Press ReleaseSource: Adanac Molybdenum Corporation Adanac Updates Ruby Creek Bankable Feasibility Study CostsWednesday October 22, 10:17 am ET VANCOUVER, BRITISH COLUMBIA-Oct 22, 2008 - Adanac Molybdenum Corporation announces that it has updated capital and operating costs for its 100% owned Ruby Creek Molybdenum mine project in Northern British Columbia to the end of the third quarter of 2008. In addition to the Bankable Feasibility Study cost update, Adanac has examined an alternative plan of increasing the mine production rate from the December 2007 Bankable Feasibility Study throughput of 23,000 tonnes per day to 30,000 tonnes per day after production year three. The alternative plan's economic results are encouraging
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Adanac Molybdenum Corporation: Ruby Creek Project-Exploration Update

(OTC:AUAYF) Adanac Molybdenum Corp. Press ReleaseSource: Adanac Molybdenum Corporation Adanac Molybdenum Corporation: Ruby Creek Project-Exploration UpdateTuesday October 21, 6:16 pm ET VANCOUVER, BRITISH COLUMBIA-Oct 21, 2008 - Adanac Molybdenum Corporation announces the results for 10 holes from its Ruby Creek 2007/2008 diamond drilling program.2007/2008 Diamond Drill ProgramThe program includes 60 holes starting at AD-372:  AD-372 to AD-374 results previously reported on September 13, 2007 AD-375 to AD-383 results previously reported on July 10, 2008 AD-384 to AD-393 condemnation holes AD-394 to AD-402 results previously reported on September 30, 2008 AD-403 to AD-409 results reported in this news release AD-410 awaiting assay results AD-411 to AD-416 results previously reported on September
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Adanac Molybdenum Corporation: Annual and Special General Meeting of Shareholders

(OTC:AUAYF) Adanac Molybdenum Corp. Press ReleaseSource: Adanac Molybdenum Corporation Adanac Molybdenum Corporation: Annual and Special General Meeting of ShareholdersMonday October 20, 12:22 pm ET VANCOUVER, BRITISH COLUMBIA-Oct 20, 2008 - Adanac Molybdenum Corporation confirms that its Annual and Special General Meeting of Shareholders will be held at the offices of the solicitors for the Company, Fasken Martineau DuMoulin LLP, 2900 - 550 Burrard Street, Vancouver, British Columbia on Wednesday, October 22, 2008 at 10:00 am Pacific time. About Adanac Molybdenum CorporationAdanac Molybdenum Corporation is listed on the TSX and Frankfurt exchanges and owns the Ruby Creek Molybdenum Project in northern British Columbia. The Company has advanced the project through feasibil
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