Business NewsMarketWire • Exercise of Warrants of Adex Mining Inc.

Exercise of Warrants of Adex Mining Inc.

Exercise of Warrants of Adex Mining Inc.

TORONTO, ONTARIO--(Marketwire - May 17, 2011) - Great Harvest Canadian Investment Company Limited ("Great Harvest") has today acquired 40,000,000 additional common shares of Adex Mining Inc. ("Adex") upon the exercise of the Series A common share purchase warrants (the "warrants") that were issued to Great Harvest as part of a private placement of units on October 19, 2010. The exercise price of the warrants was $0.18 per share, resulting in the payment of $7,200,000 to Adex.

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Exercise of Warrants of Adex Mining Inc.