FORM 51-102F3 | |
MATERIAL CHANGE REPORT | |
ITEM1—— | Name and Address of Company |
Adira Energy Ltd. (the “Company”) | |
120 Adelaide Street West | |
Suite 1204 | |
Toronto, ON | |
M5H 1T1 | |
ITEM2—— | Date of Material Change |
December 26, 2012 | |
ITEM3—— | News Release |
A news release was disseminated on December 27, 2012 through CNW Group Ltd. | |
ITEM4—— | Summary of Material Change |
On December 24, 2012, the Company announced that the Ministry of Energy and Water of the State of Israel has granted an extension of the date for the execution of a drilling contract of the first well on the Yitzhak offshore licence. | |
ITEM5—— | Full Description of Material Change |
On December 24, 2012, the Company announced that the Ministry of Energy and Water of the State of Israel has granted an extension of the date for the execution of a drilling contract of the first well on the Yitzhak offshore license from December 31, 2012 to June 30, 2013. | |
ITEM6—— | Reliance on Section 7.1(2) of National Instrument 51-102 |
N/A | |
ITEM7—— | Omitted Information |
N/A | |
ITEM8—— | Executive Officer |
For further information, please contact: | |
Alan Friedman, Executive Vice-President Corporate Development | |
(416) 250-1955 | |
ITEM9—— | Date of Report |
December 27, 2012 |
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Filed: 15 Feb 13, 12:00am