BRIEF-Adanac Molybdenum says if no suitable third party investor emerges in near term, co to initiate process to liquidate assets,return net proceeds to shareholder

Jan 6 (Reuters) - Adanac Molybdenum Corp AUA.V :

* Provides strategic update

* Says strategic focus over the past two years has been to sell all or part of

Ruby Creek or Adanac

* If no suitable third party investor emerges in near term co to initiate process to liquidate assets,return net proceeds to shareholder

* Source text for Eikon News Search ID:nMKWK0F4xa

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