Adanac Molybdenum Corporation AUAYF

Formal Announcement about BNN Interview

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Adanac President & CEO Michael E. MacLeod to Appear on BNN TV VANCOUVER, BRITISH COLUMBIA, Aug 8, 2007 (CCNMatthews via COMTEX News Network) -- Adanac Molybdenum Corporation (TSX:AUA)(PINK SHEETS:AUAYF)(FRANKFURT:A9N) today announced that Michael E. MacLeod, President and Chief Executive Officer, will be interviewed on Business News Network (BNN) on Tuesday, August 14. "During this exciting stage of our growth, we are pleased with the opportunity to tell our story through this platform," said Mr. MacLeod. "BNN is a leading financial news television service that reaches a wide audience in the investment community." Mr. MacLeod will be a guest on BNN's Power Breakfast segment to discuss Adanac's Ruby Creek Molybdenum project. The segment will air live at 8:50 a.m. ET and will be repeated at 10:50 a.m. ET. About Adanac Molybdenum Adanac Molybdenum Corporation is engaged in the exploration and development of mines to produce molybdenum and ferro-alloy metals. Adanac's flagship property is the Ruby Creek molybdenum project, located near Atlin, B.C. The property contains open pit reserves of 143.7 million tonnes grading 0.059% Mo at a 0.040% Mo cut-off grade. Procurement of long lead time equipment has been completed and onsite construction is scheduled to begin upon receipt of applicable permits early in the fall of 2007. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Stock Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission. SOURCE: Adanac Molybdenum Corporation Adanac Molybdenum Corporation Michael MacLeod President & CEO [phone] [phone] (FAX) Email: [e-mail] Website: www.adanacmoly.com