WISCO Agreed To Receive Adriana's Shares Under Private Placement- WISCO to hold 19.9% of Adriana's shares on a post issuance basis -

摘要

Canadian iron ore resource company Adriana Resources Inc. entered into a binding framework agreement with WISCO International Resources Development & Investment Limited (WISCO) previously announced on Jan 17, and as part of it, Adriana announced on Feb 15 that it has signed a subscription agreement for a private placement with WISCO representing 19.9% of the issued and outstanding shares, on a post issuance basis, of Adriana. WISCO will be entitled to nominate a director to the board of Adriana.