TORONTO, ONTARIO--(Marketwired - Sept. 19, 2014) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Adex Mining Inc. ("Adex" or the "Company") (TSX VENTURE:ADE) announces that it has filed a preliminary long form prospectus with the securities regulatory authorities in each of the Provinces of British Columbia, Alberta, Ontario, Nova Scotia and New Brunswick (the "Qualifying Jurisdictions") in connection with a proposed $5,000,000 million rights offering (the "Rights Offering").

Each holder of record of common shares ("Common Shares") of Adex, as of a record date to be announced, will receive rights ("Rights") based upon the number of Common Shares held. Each whole Right will entitle the holder thereof to subscribe for additional Common Shares. The subscription ratio, record date and expiry date of the Rights Offering will be determined at the time of the filing of the final long form prospectus. To subscribe for Common Shares under the Rights Offering, a completed Right certificate, together with payment in full of the subscription price for each Common Share subscribed for, must be received by the subscription agent for the Rights Offering prior to the expiry date. The Rights Offering will be made to holders of Common Shares in each of the Qualifying Jurisdictions.

The proceeds of the Rights Offering will be used, among other things, for the repayment of funds advanced to Adex by Great Harvest Canadian Investment Company Limited ("Great Harvest") under loans (the "Loans"), the preparation of a prefeasibility report on the economic evaluation of the resources in the North Zone and the Fire Tower Zone on the Mount Pleasant Mine Property of the Company in New Brunswick and working capital purposes. The Loans were provided to the Corporation pursuant to loan agreements between the Corporation and Great Harvest previously entered into and publicly announced in January 2014 and August 2014.

In connection with the Rights Offering, Great Harvest has indicated that it will exercise all of its pro rata allocation of Rights. In addition, Great Harvest will be entering into a standby commitment agreement (the "Standby Agreement") with Adex whereby Great Harvest will agree to exercise any Rights that are not exercised by any other holders of Common Shares. Great Harvest will not collect a fee under the Standby Agreement.

The completion of the Rights Offering is conditional upon receipt of all applicable regulatory approvals, including from the TSX Venture Exchange.

Further details regarding the Rights Offering and the procedures to be followed by holders of Common Shares are contained in the preliminary long form prospectus available on Adex's profile at www.sedar.com. The preliminary long form prospectus is still subject to completion or amendment. There will not be any offer of Rights or any sale or acceptance of an offer to buy any Common Shares until a receipt for the final long form prospectus has been obtained from the applicable securities regulatory authorities in each of the Qualifying Jurisdictions.

Great Harvest beneficially owns, directly or indirectly, or exercises control or direction over, 80,000,000 Common Shares, representing approximately 45.14% of the issued and outstanding Common Shares. Great Harvest is controlled by Yan Kim Po and Linda Lam Kwan, both directors of the Company, and is a "related party" of the Company within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101") (which has been adopted as a policy of the TSX Venture Exchange). As such, each of the Rights Offering and the Standby Agreement constitutes a "related party transaction" within the meaning of MI 61-101. The Company will be relying on an exemption from the minority approval requirement in MI 61-101 that applies to related party transactions, which exemption is available to the Company as (A) under the Rights Offering, the general body of holders of Common Shares in Canada will be treated identically on a per Common Share basis, and (B) the Standby Agreement complies with National Instrument 45-101 Rights Offerings. The Standby Agreement has been reviewed and approved by a special committee comprised of members of the Board who are independent of Great Harvest and are not members of management of the Company. Each of Yan Kim Po, Linda Lam Kwan and Joseph Lau Ying Kit, a director of the Company who is associated with Great Harvest, abstained from voting with respect to the Standby Agreement.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities of Adex, nor is it an offer to sell securities or an offer to buy securities in any state or jurisdiction where prohibited by law. No securities referred to in this news release have been, or will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States, unless such securities have been registered with the Securities and Exchange Commission in the United States or an applicable exemption from the registration requirement is available.

ABOUT ADEX

Adex Mining Inc. is a Canadian junior mining company with an experienced management team. The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. Located in Charlotte County, New Brunswick, the Mount Pleasant Mine Property is 80 kilometres south of Fredericton, the provincial capital, and 65 kilometres from the United States border. The common shares of Adex trade on the TSX Venture Exchange under the stock symbol "ADE".

No securities commission or regulatory authority has approved or disapproved the contents of this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of Adex, its subsidiary or the industry in which they operate to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, the words "estimate", "believe", "anticipate", "intend", "expect", "plan", "may", "should", "will", the negative thereof or other variations thereon or comparable terminology are intended to identify forward-looking statements. Such statements reflect the current expectations of the management of Adex with respect to future events based on currently available information and are subject to risks and uncertainties that could cause actual results, performance or achievements to differ materially from those expressed or implied by those forward-looking statements. These risks and uncertainties are detailed from time to time, including, without limitation, under the heading "Risk Factors", in reports filed by Adex with the Alberta, British Columbia and Ontario Securities Commissions which are available at www.sedar.com and to which readers of this press release are referred for additional information concerning Adex, its prospects and the risks and uncertainties relating to Adex and its prospects. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of Adex to be materially different from those contained in forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Adex cannot assure investors that actual results will be consistent with these forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking information contained in this press release is current only as of the date of the press release. Adex does not undertake or assume any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.

Adex Mining Inc.
Yan Kim Po
Chairman, Interim President and Chief Executive Officer
1-866-508-2339 (ADEX)
investorrelations@adexmining.com
www.adexmining.com

THUNDER BAY, ON, Dec. 9, 2013 /CNW/ - Wolfden Resources Corporation (WLF:TSX-V) (the "Company") today announces that a total of 250,000 options to purchase common shares of the Company have been granted to an officer at an exercise price of $0.25 per share, expiring on December 4, 2018. The grant is subject to regulatory approval.

Wolfden is a diversified junior mineral exploration company exploring for base-metals in the Bathurst Mining Camp of northern New Brunswick as well as precious-metals in the Rollingdam area of southern New Brunswick.

The information in this news release has been reviewed and approved my Donald Hoy, P. Geo., President and a director of the Company. Mr. Hoy is a Qualified Person under National Instrument 43-101.

Neither the TSX Venture Exchange nor its regulation services (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the accuracy or adequacy of this news release.

SOURCE Wolfden Resources Corporation

THUNDER BAY, ON, July 24, 2013 /CNW/ - Wolfden Resources Corporation (TSX-V: WLF) (the "Company") announces that a total of 1,601,250 options to purchase common shares of the Company have been granted to directors, officers and consultants at an exercise price of $0.25 per share, expiring on July 22, 2018. The grant is subject to regulatory approval.

Wolfden Resources Corporation is a diversified junior mineral exploration company holding a balance of early to advanced-staged projects located in mining friendly jurisdictions in Canada. Its priority project is the Armstrong Brook property, located 15 kilometres northeast of the world-class Brunswick No. 12 Zn-Pb-Cu-Ag-Au massive sulphide deposit, in the Bathurst Mining Camp of north-eastern New Brunswick. Armstrong Brook comprises a number of high-grade polymetallic volcanic-sediment-hosted massive sulphide prospects that occur over a 20 square kilometre area. Wolfden is currently completing detailed ground geophysical, geochemical and geological surveys on a number of the prospects in preparation for diamond drilling, anticipated for the fall of 2013.

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information includes statements based on current expectations involving a number of risks and uncertainties and such forward-looking statements are not guarantees of future performance of the Company, and include, without limitation, statements that: (i) the Company plans to undertake an exploration program commencing in the spring of 2013 involving ground geophysics followed by anticipated trenching and diamond drilling on the Armstrong property in the summer of 2013; (ii) the Company expects there is a reasonable opportunity to locate a bedrock source of the high-grade boulders with respect to the Armstrong property. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information in this news release, including without limitation, the following risks and uncertainties;(i) risks inherent in the mining industry; (ii) regulatory and environmental risks; (iii) results of exploration activities and development of mineral properties; (iv) stock market volatility and capital market fluctuations; and (v) general market and industry conditions. Actual results and future events could differ materially from those anticipated in such information. These forward-looking statements are based on estimates and opinions of management on the date hereof and are expressly qualified by this notice.

Neither the TSX Venture Exchange nor its regulation services (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the accuracy or adequacy of this news release.

SOURCE: Wolfden Resources Corporation