As an Adex investor, you have the opportunity to join one of Canada's most promising mining projects. The venture is aligned to become a world supplier of high-demand specialty and base metals.

Adex enjoys many powerful advantages to help us bring the Mount Pleasant mine into production by 2014.

• Strong metal demand. Global consumption of specialty and base metals is escalating. Yet supplies of indium, molybdenum, tin and tungsten are limited or dwindling. At Mount Pleasant, we have the world's largest and richest indium resource and North America's largest tin resource... plus minable quantities of molybdenum, tungsten and zinc. Adex is well positioned to sell all five metals to targeted international markets.
  
  
• Low-risk investment. Adex has a simple and elegant strategy to develop the Mount Pleasant mine. The property comprises two metal-rich areas: the North Zone (tin–indium–zinc) and the Fire Tower Zone (tungsten–molybdenum). First we bring the North Zone into production, focusing on the exceptional indium market and increasingly strong tin demand. Then we use metal revenues from the North Zone to start up the Fire Tower Zone, thereby generating income from tungsten and molybdenum. This fiscally conservative, staged approach greatly mitigates the risks associated with financing the Fire Tower Zone on a stand alone basis.
  
  
• Excellent location. Mount Pleasant is conveniently located in New Brunswick, Canada, near major highways and two deep-water seaports linked to global markets. New Brunswick is situated in the safe and friendly environment of Atlantic Canada. The province's mineral taxation framework is among the most stable and competitive in the World.
  
  
• Existing infrastructure. The Mount Pleasant property includes a sophisticated infrastructure financed by previous owners. Onsite facilities consist of an all-season access road, building complex, hi-line electrical connection, underground workings, and tailings pond. The infrastructure—estimated at $84 million in replacement value—saves Adex and its investors millions of dollars in start-up costs. 
  
  
• Well financed. In October 2010, Adex shareholders overwhelmingly approved transactions, including a private placement, with Great Harvest Canadian Investment Company Limited to fund the development of Mount Pleasant. The financing closed on October 20, 2010 and is comprised of four stages, which would finance the North Zone to production. The total value of the private placement is in excess of $65 million (subject to share purchase right pricing, see below). The agreement includes a private placement to Great Harvest of 40,000,000 units at a price of $0.12 per unit, for a total of $4.8 million.  Each unit consists of one common share of Adex and one common share purchase warrant. It also includes warrants to raise $7.2 million, terms for $50 million in loan facilities, and share purchase rights based on the drawing down of those loan facilities. Great Harvest is a Hong Kong-based investment company principally engaged in the mineral resource development, mineral trading and marine transportation industries. For more information, see news release dated October 20, 2010.