| Adanac Molybdenum Corp. |
| Background: |
Adanac Molybdenum Corporation engages in the acquisition, exploration, and development of mineral properties. The company's principal property includes Ruby Creek Molybdenum project, which covers 4,325-hectares consisting of approximately 189 units in 20 staked mineral claims located in the Atlin, British Columbia. It also holds 100% interests in 46 unpatented lode mining claims of B & C Springs property located in Nye County, Nevada; 36 unpatented lode mining claims of Cucomongo property located in Esmeralda County, Nevada; and 8 unpatented lode mining claims of Pine Nut Property located in Douglas County, Nevada. The company, formerly known as Adanac Moly Corp., was incorporated in 1992 and is headquartered in Surrey, Canada. As of December 19, 2008, Adanac Molybdenum Corporation is operating under CCAA protection in the Supreme Court of British Columbia. INCORPORATED: in British Columbia Apr. 21, 1992 as Stirrup Creek Gold Ltd. Name changed to Adanac Gold Corp. July 28, 2003; to Adanac Moly Corp. Nov. 4, 2004; and to Adanac Molybdenum Corp. Nov. 7, 2006. |
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