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ADR Capital Corp. Announces Closing of its Initial Public Offering

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — ADR Capital Corp. ("ADR") (the "Company") (TSX VENTURE: ADS.P), a capital pool company, is pleased to announce that on July 27, 2011 it successfully completed its initial public offering ("IPO") of 2,300,000 common shares ("Shares") at $0.10 per Share to purchasers in British Columbia, Alberta and certain offshore jurisdictions, for aggregate gross proceeds of $230,000 (the "Proceeds").

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