Adex Mining Inc. announced that it has entered into a loan agreement with Great Harvest Canadian Investment Company Limited to provide an unsecured USD 1,000,000 loan. The loan is repayable on January 28, 2015 without any deduction or withholding. The company may make early repayment of the Loan at any time prior to the maturity date without any prepayment penalty.

The loan will accrue interest at a rate of 8% per annum, with the accrued interest to be paid at the time of the repayment of the loan. The loan will be used, among other things, for the preparation of a prefeasibility report on the economic evaluation of the resources on the North Zone and Fire Tower Zone on the Mount Pleasant Mine Property of the company in New Brunswick and for working capital purposes.