Adanac Molybdenum Corp. ("Adanac or the Company" - TSX: AUA, Pink Sheets: AUAYF, Frankfurt: A9N) announces that effective Friday, September 19, 2008 it will replace its current website at http://www.adanacmoly.com with a splash page display, while the entire site is reconstructed. The splash page, which eventually will be the front page of the reconstructed website, when displayed alone will allow access to news releases and Adanac share price. The menu bar will not be active while only the splash page is displayed.
The splash page is expected to have “inner pages” added to complete the website reconstruction as soon as possible within the following several weeks. The reconstructed website will have a comprehensive and fully active menu bar.
Peter Jones, Chairman and CEO of Adanac said, "I am looking forward to the new website which will be state of the art and reflect the positive nature of Adanac as we gear up for the next stage of project funding for Ruby Creek the most advanced large scale open pit primary molybdenum mine in the world today", he also said, "I apologize to our shareholders for any inconvenience the interim splash page display may cause".
About Adanac Molybdenum Corporation
Adanac 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 feasibility studies, a production decision and has previously ordered long-lead equipment, completed permitting for construction, constructed a road to the site and secured $80 million in bridge financing. The Company is sourcing final construction funding and expects a site construction start in February 2009 and production in Q4, 2010.
Information Contact
Peter R. Jones – Chairman, President & CEO
Suite 200 – 2055 152 Street, Surrey, B.C. V4A 4N7
Telephone: 604-535-6834 Facsimile: 604-536-8411
Email: info@adanacmoly.com