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Corporate Presentation - Adriana Resources Inc.

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Railways in Quebec<br />

DEVELOPMENT - INFRASTRUCTUE<br />

The Company had anticipated having a rail solution by now!<br />

• The Government of Quebec will only permit one multi-user rail. The multi-user rail<br />

must be a common carrier and ownership must not be foreign<br />

• CN proposal was not acceptable to the Company<br />

• QNSL rail may be up for sale<br />

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