Vancouver, British Columbia, August 9 2013
Acadia Resources Corp. (“Acadia” or “the Company”) (TSX.V: AIC)
Acadia Resources announces that it has completed a second tranche closing of its Private Placement (announced April 30 and May 15, 2013) of $370,000 through the issuance of 7,400,000 subscription receipts (“Receipts”) at a price of $0.05 per Receipt. Each Receipt is convertible into one post-consolidated common share for no additional consideration. The Receipts are subject to a four month hold period expiring December 2, 2013. The company paid finder’s fees of $4,500 in connection with the second tranche closing of the Private Placement.
In all, the Company has raised an aggregate $577,500 and issued and aggregate 11,550,000 Receipts under the Private Placement. The proceeds from the Private Placement will be used for general working capital purposes.
ON BEHALF OF ACADIA RESOURCES CORP.
/s/ “Peter Clutterbuck”
Peter Clutterbuck, President and Chief Executive Officer
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.
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ACADIA RESOURCES CORP.
408 – 837 West Hastings Street, Vancouver, BC V6C 3N6
Tel: (604) 684-6264 Fax: (604) 684-6242