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Avis Financial is an innovative, integrated business development engine that assists small and medium-sized enterprises (SMEs) in realizing their full potential. Involved at every step of the way, Avis Financial provides a truly comprehensive package of services to its portfolio companies, who further benefit from a high-profile brand, a major international network and extensive business expertise.

Competences

Avis Financial’s services include capital and operational restructuring, business development and placement preparation. To ensure that its portfolio companies receive support at every level, Avis Financial works with a large network of affiliates providing business services | >> and capital services.

Avis – 'We Try Harder'

Avis Financial Corporation was originally established by Warren Avis, one of the pioneers of the Rent-A-Car business. A groundbreaking attitude and a constant search for new ways to evolve and grow are what continue to drive the Avis brand today. It is with this spirit of innovation that Avis Financial does business.


Latest news

 

01.12.2011

Adroit Resources Inc. - Adroit Announces $250,000 Private Placement

Adroit Resources Inc. is pleased to announce that it has arranged to raise $250,000 by way of a non-brokered private placement of 4,166,666 flow through units at the price of $0.06 per unit. Each unit will consist of one (1) flow-through common share and one-half (1/2) of one non flow-through share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share for $0.10 for six months after closing, for $0.15 during the following six months and for $0.25 during the second year after closing.

The proceeds from this private placement will be used for exploration of the Company's mineral properties in Ontario, Canada. No "control person" (as defined in Policy 4.1 of the TSX Venture Exchange) or new insiders will be created as a result of the private placement. On closing, the Company will pay finder's fees in respect of the private placement in accordance with TSX Venture Exchange policies. The proposed financing is subject to TSX Venture Exchange acceptance.

30.11.2011

E.S.I. Environmental Sensors Inc. - New Board Member

ESI is pleased to announce the appointment of Matteo Beffa to the Board of Directors for the Company. The Company continues to execute its new strategy with regard to board and executive management restructuring. Appointed as a Director at the Company's Annual and Special Meeting, Mr. Beffa adds his irrigation industry experience and expertise to the Board.

Educated and trained as an agricultural engineer, Mr. Beffa brings extensive expertise and experience in agricultural/recreational irrigation to the Board of ESI. Mr. Beffa spent five years at Toro's Swiss subsidiary, where he restructured the irrigation department (distribution, marketing, technical) and handled key accounts in the Swiss Golf-Turf market. As part of an independent assignment, Mr. Beffa played a vital role in developing one of the first rainwater drip irrigation systems. In 2005, Mr. Beffa founded his own company, 'MultiOne Suisse', where he now focuses on import and distribution of landscaping, agriculture, and irrigation equipment for green areas. Mr. Beffa has obtained a Diploma in Agriculture and has supplemented his diploma with advanced education in Agro-Economics and Business Management in Zurich, Switzerland. In addition, Mr. Beffa is fluent in German, English, Italian and French.

29.11.2011

Adroit Resources Inc. - Adroit Resources Inc. - $500,000 Private Placement Closed

Adroit is pleased to report that it has received and accepted private placement subscription agreements for a total of C$ 500,000 from Matrix Canadian Resource Fund and mainly European investors. The financing is comprised of 100 units at C$5,000 per unit. Each unit consists of 100,000 common shares and 50,000 warrants. The funds will be used for exploration purposes on the Company's projects in Canada and in Italy and for general corporate purposes. Adroit's President's comments: "I am particularly delighted to welcome Matrix Canadian Resource Fund as an investor and sincerely appreciate the support and confidence of its manager who is regarded as one of the best resource managers in the country."

16.11.2011

Adroit Resources Inc. - 4'000 meters of drilling approved in Italy

The Italian Regional Environmental Impact Assessment office (Ufficio Valutazione Impatto Ambientale VIA) has approved Adroit Resources Inc.'s application to drill 4,000 metres (20 holes) to confirm and, possibly, extend the historical resource and to provide the first step for an NI 43-101-compliant resource calculation on its I Salaioli exploration permit in southern Grosseto province, Italy.

08.11.2011

Adroit Resources Inc. - Adroit applies for extra exploration permits in Italy

Management is pleased to announce that Adroit has applied to increase its existing drilling applications from a total of 27,000 meters (313 holes), by 19,820 meters (197 holes) to a total of 46,820 meters (510 holes) and for two year extensions for its six existing exclusive exploration permits in Grosseto Province, Italy covering approximately 2,139 hectares (some 21km²) of terrain prospective for antimony, gold and silver mineralization.

Mr. Rowland, Adroit's President comments: "Most exciting for me is the discovery on Poggio Pietricci of the Antimony mineralization between the existing Macchia Casella extension historical resource and the old high grade Macchia Casella mine, identified by our soil sampling. This significantly increases the Antimony potential of this property."

19.10.2011

Adroit Resources Inc. - Adroit applies for three new Italian antimony exploration permits

Adroit's Italian subsidiary has applied for three new exploration permits in the greater Manciano district of Grosseto province, Italy. Adroit already holds four exploration permits in this district (Poggio Pietricci, Faggio Scritto, Poggio Monticchio and I Salaioli).

The three new exploration permits applied for total 1,696 hectares and are situated in a historically rich antimony and mercury mining regions. Mr. Rowland, Adroit's President's comments:

"While our primary focus at the company has shifted to antimony, it should be recalled that antimony and mercury are established pathfinder metals for gold mineralization, which is also present in the area. These current applications are intended to increase the commercial viability of Adroit's stated objective of recommencing the mining of antimony and other metals, which will then allow for the continued systematic exploration for gold."

08.10.2011

Adroit Resources Inc. - Exploration Update on the Red Vein VMS Property: Winter Drilling Preparation

Management is pleased to announce ongoing preparations for a winter drilling programme at the Company's Red Vein VMS property in the Shining Tree mining district of Ontario. The Company plans to drill this coming winter on both the Little Pidgeon Lake and Grassy Lake portions of its Red Vein property.

On the Little Pidgeon Lake area a winter drill road has been prepared and applications have been filed to construct a water crossing leading into the proposed winter drill sites. In addition, the Company plans to undertake additional geophysical surveys to further delineate targets on both the Grassy Lake and Little Pidgeon Lake portions. A helicopter-borne VTEM survey is planned along with the extension of existing grids for more IP surveys.

More infra-structure has been completed at the company's exploration base in Cobalt Ontario, with a state of the art core shack/storage warehouse adjacent to the company's Exploration office, nearing completion. The Company has also continued its aggressive staking programme in this under-explored area of the Abitibi greenstone belt by increasing its Red Vein property to 926 from 734 contiguous claim units (14,816 hectares from 11,744).

30.09.2011

Adroit Resources Inc. - British Geological Survey reports antimony top of current supply risk index

BGS has issued its Risk List 2011, giving a relative risk listing of 52 chemical elements or element groups needed to maintain our economy and lifestyle. Only four are listed in the very-high-risk group: antimony, platinum group elements, mercury and tungsten.

Antimony has many diversified and indispensable uses for both commercial and military applications. Antimony prices recently soared as global demand surges and output considerably declined as Hunan province, China's largest producing region, curbs output to comply with central-government restrictions. China reportedly contributes around 90 per cent of world output.

26.09.2011

Adroit Resources Inc. - Adroit installs Inno-X XRF System in Italy

An Olympus Innov-X XRF Delta Premium system has been installed in the Grosseto office, and a sampling and quality assurance/quality control protocol is being set up for the analysis of rock and soil samples taken during the past few months (828 samples taken from the Poggio Pietricci, Faggio Scritto, I Salaioli and Poggio Monticchio antimony properties). This will allow for the rapid analysis of these samples and eventually for the selection of relevant batches that will be sent for more appropriate laboratory analyses. The soil sampling program is still continuing in the Poggio Monticchio and I Salaioli properties.

The President comments that 'it is of note that rare earth elements are listed below the very-high-risk group by the BGS. Not only will the Innov-X XRF system speed up results, but also save significant assaying costs on an ongoing basis.'

02.09.2011

Adroit Resources Inc. – Private placement to raise up to $600,000

In response to poor market conditions, management reports that the Company has agreed to raise up to $600,000 in a new private placement. The new financing is comprised of up to 100 units at C$6,000.00 per unit, for gross proceeds of up to C$600,000. The funds are for use in the exploration of its Red Vein VMS Copper/Zinc property in Ontario, its Italian Antimony project and general working capital. The new private placement is subject to regulatory approval.

29.08.2011

Adroit Resources Inc. - Update on Exploration of the Red Vein VMS

Management is pleased to announce the completion of a four-month summer exploration programme at the Company's Red Vein VMS property in the Shinning Tree mining district of Ontario. The primary focus was on the Grassy Lake and Little Pidgeon Lake portions of the property. A ten man field team completed geologic mapping, surface rock chip sampling for whole rock and multi-element analyses, ground-proofing of winter geophysical results, outcrop blasting and trail cutting from a bush camp near Little Pigeon Lake.

At 'Little Pidgeon Lake', the field team successfully correlated surface expressions with the deep I.P. survey and generated a number of drill targets. The new targets are located on the western end of the previously identified quartz/copper vein; the east-west trending vein has a recognized strike length of 2.3 km. At 'Grassy Lake', the field team carried out an additional program of Mobile Metal Ions ("MMI") sampling portion and intends to extend a VTEM survey over this part of the property. The Company plans to drill this coming winter on both the Little Pidgeon Lake and Grassy Lake portions of its Red Vein property.

Adroit has continued its aggressive staking program in this under-explored portion of the Abitibi greenstone belt by increasing its Red Vein property to 734 from 604 contiguous claim units (11,744 hectares from 9,664). Adroits president's comments: 'I am recently returned from visiting this increasingly exciting property and am looking forward to the next drill programme with great interest.'

13.07.2011

Choice Money Transfer - Small World and Choice Money Transfer Combine to Create Leading Global Financial Services Group

Small World Financial Services Group and Choice Money Transfer today announce that the merger between the two companies has gained the required regulatory approvals and has successfully completed. The closing of this transaction creates one of the world's largest money transfer organizations. The new combined entity, to be known as the Small World Group, trades across Europe and North America, processing in excess of 600'000 transactions per month and with a payment network in excess of 150,000 locations.

13.06.2011

Adroit Resources Inc. - Adroit raises another US$ 1 million

Adroit Resources Inc. has closed its non-brokered private placement of 102 units at $10,000 per unit. Each unit consists of 100,000 common shares and 50,000 two-year warrants at a price of 15 cents per share in the first four months, at a price of 25 cents per share in the following eight months and at a price of 35 cents per share in the final year. The finances will be used for exploration purposes on the company's projects in Ontario, Canada, and in Grosseto province, Italy, and for general corporate purposes.

01.06.2011

Avis Media - Avis Media joins Etisalat at Dubai's Hotel Show

Avis Media showcased its proprietary hospitality platform with Etisalat (and further collaborators such as LG, Swiss Bureau, Al Falak/ VisioSat, TriDensa/ Lodgenet and Televes ME) at the Hotel Show in Dubai between 17th-19th May 2011.

Commenting on the outcome of this collaboration, Abdulla Hashim, Senior VP, ICT at Etisalat, said: "Hotels in the UAE will be able deliver a truly unique and unmatched communications and entertainment experience to their guests by aligning voice, data and TV services, through a single touch point. Moreover, with this unique combination of customer-centric services, the solution will not only streamline service delivery mechanism for hotels, but will also provide higher operational efficiencies and significant cost savings to them."

20.05.2011

Adroit Resources Inc. - May Update

Adroit has logged all 12 diamond drill holes from its 4,061-metre winter program at Grassy Lake. It has shipped a total of 1,535 samples for assaying and expects to receive all assay results by late May, 2011. These results will be published once evaluated by the company's technical team.

In Italy, the company has applied to the authorities to increase its exploration work permit to allow for a 20-hole, approximately 4,000-metre diamond drilling program on its wholly owned I Salaioli property in the Scansano area, Grosseto province. The 366-hectare permit contains a reported 35,000 tons of 2.0 per cent historic antimony resource. The company has not yet independently verified the historical reports, but the objective of this drilling program is to confirm and possibly extend the historical resource, to provide the first step for a later NI 43-101-compliant resource calculation. Adroit expects to receive the authorization to drill in the fall of 2011.

In other news, Adroit Resources Inc.'s management reports that the 19-cent private placement financing is now closed with gross proceeds of $965,287. The private placement proceeds will be used for the company's Italian and Ontario, Canada, projects, plus general working capital.

25.04.2011

Environmental Sensors Inc. - ESI announces new Board Members

Environmental Sensors Inc. is pleased to announce the appointment of Stephan Radermacher (COO Avis Financial Corporation) and Johan Grandin to the Board of Directors for the Company. The Company continues to execute its new strategy with regard to board and executive management restructuring as well as innovative market-driven product development.

Johan Grandin has over 20 years of experience working with public companies and a proven track record in raising venture capital. Currently working with Element and Associates of Vancouver, BC, a full service corporate finance company, Mr. Grandin brings an extensive expertise in corporate financial restructuring and capital markets to ESI. Through his past officer and director positions for various public issuers, Mr. Grandin has learned to streamline growth initiatives with precision. Having also worked in the field of engineering, Mr. Grandin holds a Masters of Science degree in Business Economics and Engineering Physics.

In addition to the above changes, Ian Middleton, Nicolas Loebel and Edwin Mitchell are stepping down from the Board of Directors of ESI. The new Board of Directors and executive management team look forward to continuing with recent product development initiatives and enhancements as they move the Company to financial and market success.

06.04.2011

Adroit Resources Inc. - Adroit applies for antimony drilling porjects

Adroit Resources Inc. has applied to the Italian authorities to increase its exploration work permits to allow for a 293-hole, approximately 23,000-metre, diamond drilling program on its wholly owned Poggio Pietricci and Faggio Scritto properties, in the Manciano area, Grosseto province, Italy.

The objectives of this drilling program are to confirm and, possibly, extend the historical resources, and to provide for an NI 43-101-compliant resource estimate.

02.04.2011

Environmental Sensors Inc. - ESI releases new version of soil moisture sensor

A new SDI-12 version of ESI's GroPoint Lite soil moisture sensor is now available. This new SDI-12 output will appeal to markets for existing and new irrigation systems, as well as OEM sellers. ESI is now working with key accounts to establish 2011 product needs and requirements.

The new, small, sleek, lightweight sensor is extremely easy to install and will meet the input requirements of newer irrigation controllers now being offered by several manufacturers. This new version of GroPoint Lite is an analog sensor with a SDI-12 interface and output, offering a host of advantages to potential users:

  • Sensors can be interchanged without reprogramming data recorders with calibration or other information.
  • Power is supplied to sensors through the interface.
  • The use of a standard serial interface eliminates significant complexity in the design of data recorders.
  • Data recorders can be designed and produced independently of future sensor development.
  • Sensors can interface with any SDI-12 data recorder.
  • Sensors will work with data recorders using earlier versions of SDI-12.

The next evolution in ESI's GroPoint soil moisture sensor development will be the development of a range of profiling sensors using both the GroPoint Lite and GroPoint Pro soil moisture sensor technologies. Using SDI-12 technology allows for multiple sensor data points on a single recorder and communication pathway, lending the two sensor technologies to relatively simple and scalable development of future profiling sensors. This presents a unique opportunity for ESI to be the only sensor company offering a highly accurate TDT-based (time-domain transmissiometry) profiling sensor to the market.

30.03.2011

Adroit Resources Inc. - Adroit completes winter drilling and plans follow-up program

Adroit Resources Inc. has concluded its winter 2011 diamond drill 4,061-metre program of 12 holes on the company's Grassy Lake portion of the Red Vein property.

Ten of the 12 diamond drill holes have been logged and 822 samples have been shipped to AGAT Laboratories Ltd., Mississauga, Ont., for assaying. An additional 95 samples have been sent to ALS Canada Ltd., Vancouver, B.C. for whole rock assay. Adroit anticipates that, once the final two holes have been logged, at least a further 100 samples will be shipped for assaying. Adroit expects to receive all assay results by mid-April to late April, 2011. These results will be published once evaluated by the company's technical team.

Next drill program

Management is planning a 5,000 m follow-up diamond drill program in June, 2011, to further extend the understanding of the geology by testing some more of the numerous targets on all zones. The Red Vein 5,936-hectare property is located within the southern part of the Abitibi green stone belt in the Shining Tree area of Northern Ontario, and is highly prospective for copper, zinc and gold.

Expropriation claim settlement received.

The company's counsel has received the sum of $110,000 from the government of British Columbia in settlement of the company's claim, thereby ending the legal case.

18.03.2011

Avis Media – Pursuing Growing Markets

According to the newly completed IMS Research study IPTV: A Global Market Analysis – 2011 Edition, the worldwide IPTV subscriber base in 2015 will exceed 70 million. Currently, the market size is roughly 36.5 million.

This doubling of the market will mainly result from increased demand across Western Europe and – perhaps unsurprisingly – China (with yearly double-digit growth rates), says John Kendall, Market Analyst at IMS. Kendall further points to Latin America's market potential and alludes to the rapid recent IPTV growth in Eastern European countries like Croatia, Slovakia, and Slovenia.

According to IMS' study, IPTV will also play a large role in the hospitality market, with set-top box shipments expected to increase by 75% from 2010 to 2015 as hoteliers begin to realize the flexibility and scalability of the platform. As Kendall states, 'hoteliers are recognizing the value of the IP platform and are increasingly moving to adopt it.'

With its focus on IPTV solutions, particularly in the hospitality market, Avis Media is perfectly positioned to capitalize on this growth over the next years.

17.03.2011

Adroit Resources Inc. – Positioned for the Present

While Avis Financial's portfolio companies ESI and Avis Media are perfectly positioned for the high-potential future markets of intelligent water irrigation and IPTV hospitality media, Adroit Resources finds itself right in the middle of an exploding mineral & metal trend.

Gold – one of the targets on Adroit's Italian properties – has risen from USD 500/oz to over USD 1400/oz in a matter of five years. Antimony – a strategic metal used for electronics, PET bottles and as a flame retardant in children's clothes, aircraft & automobile seat covers, etc. – has recently soared to an all-time high of over USD 15'000 per tonne. The metal, which Adroit is pursuing in Italy, has thus tripled in value over less than three years.

Adroit's Canadian properties are no less attractive: besides copper and zinc, the company is pursuing the metal that has shown perhaps the strongest recent performance of them all, silver.

11.03.2011

Environmental Sensors Inc. – Positioned for the Future

According to 'The Economist' (February 26th, 2011), water irrigation represents one of the major markets of the future. Nestlé's Peter Brabeck states that roughly 4'200 cubic kilometres of water can be used each year without depleting overall resources. However, consumption is currently higher – at about 4'500 cubic kilometres per year, of which agricultures uses about 70%. On most estimates, farmers will need 45% more water by 2030 and 70% more by 2050

To avoid a global catastrophe, agriculture has to start using water far more effectively – through intelligent irrigation and systems like those offered by ESI. Israel, for example, has invested heavily in intelligent irrigation and consequently only wastes about 1/10 of its water: if everyone else was equally efficient, the water problem would be much less pressing. The Food and Agriculture Organization thus estimates that over the next 40 years irrigation will require cumulative investment of around US$ 1 trillion. ESI will be sure to gain a good share of this market.

07.03.2011

Adroit Resources Inc. - Antimony Project Update as Antimony Price Hits New High

The strategic minor metal Antimony has reached a new all time record high of Bid USD 14,500 and Ask of USD 15,000 per tonne. Adroit's objective is to have the largest compliant Antimony resources outside China. The company is now aggressively working on a program to bring the first portions of its historic Italian Antimony resources to 43-101 compliance. Calculations show approximately 45,000 metric tonnes of contained Antimony metal on the company's existing permits. Some of these deposits are open and nearly all of the historic resources begin at surface and extend to depths of just 40m.

Except for one mine in South Africa, no mine outside China has compliant Antimony resources greater than 45,000 metric tonnes of contained metal. Currently, the entire European Union has no known production of this strategic minor metal.

Adroit's longer-term objective, besides building the largest compliant Antimony resources outside China, is to begin mining Antimony on its permits in the Grosseto province of Italy, a region formerly well known for Antimony mining. In 2009, China produced approximately 91% of the world's Antimony. One securities analyst, quoted in a Financial Times article on 18 January 2011, stated that Chinese authorities have discovered during environmental crackdowns that their Antimony resources are nearly exhausted. We have recently seen Chinese companies buying Antimony resources outside China, such as the Beaverbrook Antimony mine in Canada.

Adroit is planning to start drilling in the second quarter of 2011 with the objective of producing compliant Antimony resource calculations from the historic Antimony resources contained within the Company's exploration permits.

03.03.2011

Environmental Sensors Inc. – Avis Financial converts debt

The TSX Venture Exchange confirms Avis Financial's conversion of a loan given to ESI in 2010 into 30 million common shares and 30 million warrants. With this move, Avis Financial signals its commitment to support Environmental Sensors Inc.

28.02.2011

Adroit Resources Inc. - Adroit Hits 185 Meters Massive Sulphide and Increases Drill Program

Management is pleased to announce that the seventh 617 meter hole of an initial 3,000 meter diamond drill program has intersected 185 meters of Massive Sulphide.

This intersection confirms Adroit's exploration approach to a cluster of VMS deposits. The first assay results give anomalous values for Copper and Zinc and a second batch of samples has been sent for assaying to the AGAT Laborities in Ontario. These assay results will be published once received and evaluated by the Company's technical team.

In light of drilling success, the ongoing program has been increased from 3,000 meters to 5,000 meters to test some more of the numerous targets to further extend the understanding of this VMS cluster of deposits.

Adroit's president comments: 'As the geological evidence increases, my belief that we have a potential discovery on our hands increases. We are drilling a cluster of VMS deposits and the GL 004 drill hole further confirms this.

20.02.2011

Choice Money Transfer – Merger with Small World to create leading global financial services group

Small World Financial Services Group and Choice Money Transfer have signed a definitive agreement to combine their operations to create one of the world's largest money transfer organizations.

The combined Small World group trades in thirteen countries across Europe and North America, with a turnover of over $2.5bn, taking two strong regional players and creating a top ten global business that is extremely well positioned to take advantage of the recent return to growth of the industry.

"This transaction catapults us into the top tier of global remittance players," said Nick Day, Group CEO at Small World, "while creating massive opportunities for cost synergies and opening up new geographic markets and corridors for both companies. The combination of our global payment networks and deployment of our advanced technology platform will greatly accelerate our growth trajectory."

Kevin Neuschatz, the CEO of Choice Money Transfer, will become part of the leadership team. Kevin said, "I look forward to working with Nick and the Small World team, and to making the most of their platform and new technology to drive sales through leveraging the outstanding service we are able to offer our customers."

08.02.2011

Adroit Resources Inc. - Adroit samples 10.4%, 4.7% Cu at Little Pigeon Lake

Drilling progress - Grassy Lake: The 3,000-metre diamond drilling program on the Grassy Lake portion of the Red Vein property is now 25 per cent completed. The Laframboise Drilling Inc. drill has completed three drill holes into combined MMI/IP targets on Zone B of the Grassy Lake portion of the Red Vein property. Concurrently, the Levert Drilling Ltd. drill is continuing to drill the third diamond drill hole on combined MMI/IP targets on Zone A of the Grassy Lake portion of the Red Vein property. The company is continuing to drill zones A and F with the Levert drill as planned, and zones B and C with the Laframboise drill. Following success on zones A, B, C and F, the company plans to drill zones D and E.

Exploration progress - Little Pigeon Lake: A grid-cutting crew has arrived at the Little Pigeon Lake portion of the Red Vein property and has commenced cutting an 8.5-kilometre grid across two main copper/quartz showings on the southwestern edge of Little Pigeon Lake. The two surface showings have provided selected grab sample results of 10.4 per cent and 4.7 per cent copper, respectively, and were fire assayed by Accurassay Laboratories, Thunder Bay, Ont. The three grid lines are being prepared for a Mag/VLF survey which will test the lines and the entire length of the lake. A deep dipole IP crew from Larder Lake Geophysics is contracted to arrive on site next week to perform its IP survey, designed to identify geophysical targets up to 400 metres below surface.

04.02.2011

Environmental Sensors Inc. - Avis Financial converts debt into Shares & Warrants

The TSX Venture Exchange has accepted Avis Financial's request to convert a loan previously issued to ESI into 30 million shares and 30 million warrants. This move provides further evidence of Avis Financial's commitment to assist ESI in becoming an industry-leading company.

03.02.2011

Environmental Sensors Inc. - ESI launches GroPoint Single Valve Controller

ESI has released its GroPoint single valve controller (GP-SVC) into the marketplace. This device enhances standard timer-based irrigation systems by collecting soil moisture data and automatically adjusting the amounts of water used. Irrigation thus only takes place when plants or turf need more water.

With the launch of the GroPoint GP-SVC another step is taken to increase efficiency in water use and allow for conservation of this important resource. Water use can be reduced by as much as 60 per cent, saving both water and electricity costs as well as wear and tear on irrigation system components and maintenance. The use of soil data is more accurate and efficient than use of rain sensors or weather data, especially as it measures moisture in the root area of the plant. This allows for healthier crops, healthier gardens and lawns and generally improved quality.

02.02.2011

Adroit arranges $3.5-million private placement

Adroit Resources Inc. has agreed to raise, subject to TSX Venture Exchange acceptance, up to a total of $3.5-million for 18,421,052 units of one share and one whole warrant by way of private placement organized by the company. Each whole warrant will be for three years, transferable, and entitle the holder to purchase one additional common share for 25 cents in the first year, 35 cents in the second year and 45 cents in the last year. Finders' fees may be paid to arm's-length parties in accordance with TSX Venture Exchange policy with respect to the private placement.

The proceeds of this private placement will be used for the exploration of the company's Red Vein copper/zinc property in Ontario, its Italian antimony project, development of mineral properties and general working capital.

01.02.2011

Environmental Sensors Inc. - ESI sells GroPoint wireless to Sask Ag

ESI's GroPoint wireless system has been installed by Agriculture and Agri-Food Canada (AAFC) and the Saskatchewan Ministry of Agriculture. The system will be deployed at the Outlook Crop Diversification Centre, jointly operated by AAFC and the Saskatchewan Ministry of Agriculture.

AAFC and the Saskatchewan Ministry of Agriculture will initiate their use of the GroPoint wireless monitoring system under irrigation pivots in a variety of crops for the upcoming 2011 growing season. The system consists of a series of field nodes, soil moisture sensors and a weather station, which will feed real-time, soil moisture and weather data through a wireless network to researchers through ESI's GroPoint Manager software.

The system serves several purposes and will provide a multitude of benefits to researchers, growers and the agricultural community. It will allow scientists to gather data while they perform various research projects on demonstration plots and will verify the efficiency of irrigation equipment systems. The system will assist irrigation managers (growers) in analyzing their irrigation methods, allowing them to make better decisions regarding when and how to irrigate.

Staff at the centre will also demonstrate the GroPoint wireless system and monitoring equipment on tours and field days, which are held regularly for members of the agricultural community. It is anticipated that the research and results from this facility will be shared both federally through AAFC and provincially with other provincial agricultural ministries. As well, it is hoped that as ESI continues to build on its established credibility in the scientific and research communities, this visibility will assist ESI in its efforts to further penetrate the commercial agriculture market. Pivot irrigation is a significant potential market for ESI; there are nearly 300,000 pivots in operation in North America.

31.01.2011

Adroit Resources Inc. - Adroit increases Red Vein drilling to 3,000 m

Adroit Resources Inc.'s initial 2,000-metre drill program has been increased to 3,000 metres. The contracted Laframboise drill is on site and drilling has commenced on a combined MMI/IP target on Zone B of the Grassy Lake portion of the Red Vein property. Concurrently, the Levert drill is continuing to drill combined MMI/IP targets on Zone A of the Grassy Lake portion of the Red Vein property.

The company is continuing to drill zones A and F with the Levert drill as planned and zones B and C with the Laframboise drill. Following success on zones A, B, C and F, the company plans to drill zones D and E.

17.01.2011

Adroit Resources Inc. - Drilling commences in Canada

Drilling commenced on Sunday, January 16, 2011, with an initial 200-metre hole (of a total 2,000 m drill program) on a combined MMI/IP target on zone A of the Grassy Lake portion of Adroit Resources Inc.'s Red Vein property which measures 5,936-hectare.

The Red Vein is located within the southern part of the Abitibi greenstone belt in the Shining Tree area of Northern Ontario and is highly prospective for copper, zinc and gold.The area has long been an area of intense interest, located in the heart of the exploration triangle of the three large Ontario mining camps of Timmins, Sudbury and Kirkland Lake. There are numerous historical copper showings on the property and gold showings abound in the surrounding area.

10.01.2011

Adroit Resources Inc. - Antimony Exploration Drilling Planned

ADROIT RESOURCES INC.: ANTIMONY EXPLORATION DRILLING PLANNED

Fieldwork resumed in November, 2010, on Adroit Resources Inc.'s wholly owned antimony permits in Grosseto province, Italy. The continuing program comprises soil and rock sampling, ground geophysical surveying, geological mapping, and drilling. Drilling is planned to start in the second quarter of 2011 with the objective of producing compliant resource calculations contained within the company's exploration permits. The antimony project covers four permits in the Manciano region – a historically significant producer of antimony – with several deposits mined over the past century.

The program follows up on extensive data compilation and interpretation, as well as on reconnaissance surveying carried out since the renewal of the permits. Exploration and resource evaluation, carried out prior to the mine closures, indicated the presence of considerable historical antimony resources in the district and, more particularly, within the company's 100%-owned permits.

Antimony prices recently soared as global demand surged and output considerably declined as Hunan province, China's largest producing region, curbed output to comply with central government restrictions. China reportedly contributes around 90 per cent of world output.

21.12.10

Adroit Resources Inc. - CAN$ 500'000 private placement

The CAN$ 500'000 non-brokered private placement for Adroit Resources has been closed and accepted by the TSX Venture Exchange. It entails 3'333'333 shares, priced at CAN$ 0.15, plus 3'333'333 three year warrants for the purchase of one share each at a price of CAN$ 0.20.

The proceeds from this private placement will be used for general working capital, current obligations and the development of mineral properties.

20.12.10

Adroit Resources Inc. – Commencement of drilling as well as MAG/VLF and IP surveys on Red Vein VMS property

Adroit Resources will commence drilling on the Grassy Lake portion of their Red Vein property, Ontario, in mid-January 2011. A minimum 2'000-metre diamond drill contract has been signed with Levert Drilling Ltd. (Sudbury, Ontario). The zones where drilling will occur are highly prospective for copper, zinc, and gold. Furthermore a MAG/VLF survey is currently being performed on a second geophysical grid (20 km over zones B,C, and D of Grassy Lake area).

Larder Geophysics will perform a gradient IP survey on selected parts of the two geophysical grids on 28.12.10. The explored area is within an exploration triangle that has received intense interest. There are 30 VMS deposits for massive sulphides, including copper, zinc, and silver, within 200 km of the Red Vein property. There are also numerous historical copper and gold showings in the area.

16.12.2010

Environmental Sensors Inc. - ESI hires new President & CEO

ESI has appointed Ingvard Find as its new President and Chief Executive Officer, with a seat on the Board of Directors. Mr. Find has over 25 years of international business experience in agricultural irrigation and procurement development. Mr. Find's entrepreneurial drive and expertise in new technology and market development persuaded ESI that he was the right candidate for the job.

"I look forward to this new role with ESI and taking the company's innovative technology to the international market place through the network of contacts and channels I have developed over the past two decades. I see significant opportunity for ESI to leverage its technology on a global scale in a variety of markets including agricultural and commercial irrigation management, as well as applications in mining, oil and environmental monitoring," said Mr. Find.

After an agronomy degree from Agricultural College, Denmark, and graduate studies at the University of Minnesota, St. Paul, and Richard Ivey School of Business, London Ontario, Mr. Find went on to hold positions at Rain Bird International, Lindsay Manufacturing, Con-Agra Foods, McCain Foods Ltd. and John Deere Water.

15.12.2010

Avis Media - Successful Completion of Dubai Sports City Project

Avis Media has successfully completed a joint project with Etisalat and INC Emirates for the first IPTV system of its kind in the new 61- acre Dubai Sports City, one of the most modern facilities in the world. 15'000 spectators can enjoy a range of aquatic sport disciplines as well as a variety of 10 Olympic sports, including basketball and volleyball. Its heart piece is a state of the art indoor aquatic facility for up to 3'000 sports' fans with two 50-meter pools.

Avis Media's system will receive widespread usage during the 10th FINA World Swimming Championship which is currently being hosted. Over 140 HD TV sets, streaming live broadcasts, are distributed within the sports complex.

14.12.2010

Adroit Resources Inc. - Adroit to acquire new gold property

Adroit Resources announced the signing of an arm's-length heads of agreement to acquire 100 per cent of the Skynner Lake gold property, Timmins, Ontario. The property is located in a well-known mineralized corridor that has historical production since 1910 in excess of 68 million ounces of gold.

The property consists of eight patented contiguous mining claims (approximately 130 hectares), which Adroit intends to explore with geophysical and geochemical techniques so as to evaluate new exploration zones.

The acquisition is a reviewable transaction under the policies of the TSX Venture Exchange and thus subject to approval by the exchange.

06.12.2010

Adroit Resources Inc. - Planned drilling on Red Vein

Adroit Resources has announced plans for a drilling program in January 2011 on their Red Vein property in Northern Ontario. Based on encouraging results from magnetic and VLF surveys earlier this year, the initial 2000 metre diamond drill program will focus on two zones of the property (the initial 14.5 km grid). In addition to this, the results have also led Adroit to start cutting a second grid of 20 km so as to allow further preliminary magnetic and VLF surveys.

Furthermore, a staking program has been completed to significantly enlarge Adroit's Red Vein VMS property. This property, which is highly prospective for copper, zinc, and gold, has been enlarged by 118 claim units (1888 hectares), leading to a total of 5936 hectares. This staking has helped secure further exploration targets which were identified in a Quickbird report commissioned by Adroit Resources.

29.11.2010

Adroit Resources Inc. - Interview

James Cross, VP of Corporate Development for Adroit Resources, has been interviewed by Dominic Frisby for his podcast 'Frisby's Bulls and Bears'. The interview focuses on antimony, a little known metal used as a fire retardant (plastics, flight suits, children's toys, automobile and plane seat covers), alloying element, battery hardener and in ammunition. Mr. Cross and Mr. Frisby discuss Adroit's aim to take the company's historic antimony resources to 43-101 compliance before beginning a mining operation. They estimate 50'000 tons of contained metal with average grade of 1.5% antimony, located 0.4 to 1 metre below ground. Initial drilling suggests that there are gold and silver credits that will also be mined when pulling out the antimony.

Listen to the full interview under:
http://commoditywatch.podbean.com/2010/11/29/antimony-shortage-james-cross-of-adroit-resources/

25.11.2010

Adroit Resources Inc.

Adroit Resources has found a competent partner in providing investor relation communications in the form of Progressive IR Consultants Corp. This company based in Vancouver, Canada, will target the investment audience in the coming year via corporate data packages, broker communication.

Furthermore two loans (totaling $500'000, as announced in August 2007) have been fully repaid. The first $250'000 have been converted into shares at 15 cents (September 2010), while the second $250'000 were fully repaid in cash.

18.11.2010

Adroit Resources Inc.

Adroit Resources has successfully completed the private placement of 25 million shares for $1.5 million (see initial announcement for placement, 28.10.2010). Each unit consists of one common share and one three-year transferable share purchase warrant (exercisable at a price of 10 cents per share).

The proceeds will be used for general working capital, current obligations and the development of mineral properties.

Furthermore incentive stock options were granted to directors, officers and employees. The non-transferable options are exercisable for up to a total of 3 million shares for 11 cents until 31.05.2014. This is still subject to acceptance by the TSX Venture Exchange.

05.11.2010

Avis Financial Corporation - Portfolio Company

Avis Financial releases the November edition of their portfolio company reports. It can be downloaded on the company's website, under Public information | >>

28.10.2010

Adroit Resources Inc. – Adroit arranges CAN$1.5 million private placement

Adroit Resources Inc. has arranged a private placement of up to CAN$ 1.5 million for up to 25 million units of one share and one whole warrant by way of private placement organized by the company. The proceeds of this private placement will be used for general working capital, current obligations and, more importantly, the development of mineral properties focusing on the company's preparations for its planned drilling programs scheduled for Ontario in the early part of the new year and Italy later in the new year.

12.10.2010

Avis Financial Corporation – Avis Financial acquires Avis Media

Avis Financial announces that it has acquired 100% of the multi-media business Aqips AB, which will now operate under the brand name 'Avis Media'. Avis Financial's newest portfolio company provides media content and IPTV hospitality solutions to hotels, public venues, and metropolitan networks. With its primary focus on the Scandinavian and Middle Eastern markets, Avis Media's first offices are being established in Gothenburg, Sweden and Dubai, UAE.

08.10.2010

Adroit Resources Inc. – $306,100 Private Placement Closed

Adroit Resources Inc. has closed a non-brokered private placement of 5,101,667 units of one common share and one transferable, three-year warrant, to raise gross proceeds of CAN $306,100. The proceeds from this private placement will be used for general working capital, current obligations and the development of mineral properties.

01.10.2010

Avis Financial Corporation - Avis Financial acquires Aliquantum AB

Avis Financial announces that it has acquired 100% of Aliquantum AB, the Gothenburg-based Finance & Trading company. This acquisition is the result of a long and successful partnership between the two companies. Aliquantum AB adds substantially to Avis Financial's Business Services and Capital Services Divisions, extending the support structure for Avis Financial's portfolio companies.

08.09.2010

Private Placement & Conversion of Avis Financial Loan

ESI has announced a non-brokered private placement of up to 15,000,000 units at $0.05 per unit to raise gross proceeds of up to CAN$ 750'000. Proceeds will be used to hire additional new senior management and marketing staff, expand manufacturing, invest in R&D and supplement working capital.

Avis Financial Corporation has successfully acquired a current demand loan and transformed it into a convertible debenture, valued at CAN$ 1.5 million and bearing 12% interest. It will be convertible into common shares at a share price of CAN$ 0.05. Full conversion of this debenture would most likely result in the creation of a new control person in ESI.

20.08.2010

Environmental Sensors Inc. – Trading Resumes / New Board Directors

ESI filed all required statements and reapplied for resumption of trading on the TSX Venture Exchange in August 2010. Trading has now resumed.

ESI announces the appointment of Edwin William Mitchell and Ian S. Grant to the Board of Directors. Mr. Grant has 25 years of entrepreneurial business and management experience, gained in positions at the Labatt Brewing Company (Director of Marketing for the British Columbia region), Colgate Palmolive, and Foote Cone and Belding.

10.06.2010

Adroit Resources Inc. – Positive Laboratory Results

In the summer of 2008 Adroit Resources conducted the third phase of soil sampling using MMI (Mobile Metal Ions) technology on its 4048 Ha Red Vein property near Timmins, Ontario. The company tested soil from 105 Ha on the Western part of the property.

SGS Minerals Laboratories in Toronto have analyzed 592 soil samples for 7 base-metal elements. They have been able to confirm previously recognized anomalies from the two earlier sampling stages, when anomalies for gold, silver, copper, zinc and nickel were found. In addition, they have found new anomalies whereby the response ratios exceed 25 for copper and zinc in one anomaly and 25 for silver in another.

Adroit Resources Inc. is focusing on the VMS (volcanogenic massive sulfide ore deposits) potential of the property. Random sampling of five historical copper trenches has revealed copper highs as well as anomalous gold values. Adroit plans induced polarization to get a geophysical survey as well as drill testing of the anomalies.