FRANKFURT: AORLB8; OTCBB: ADENF
ADIRA ENERGY BOARD MEMBER RESIGNATION
Toronto, Ontario, May 21, 2010 / CNW ADIRA ENERGY LTD. (OTCBB: ADENF; FRANKFURT:
AORLB8) . Adira Energy Ltd. (“ Adira Energy ” or the “ Company ”) announces that Ohad Marani has
resigned as a director and co-chairman of the Company. Mr. Marani has recently been appointed CEO of an
Israeli oil and gas exploration company where he will be focusing his efforts.
The Board would like to thank Mr. Marani for his valuable service to the Company and wishes him the best in his
About Adira Energy Ltd.
Adira Energy Ltd. explores for oil and gas in and offshore Israel. It has three petroleum exploration licenses; the
Eitan, Gabriella and Yitzhak Licenses, collectively covering an aggregate total of approximately 160,500 acres.
These licenses are located respectively on-shore in the Hula Valley of Northern Israel, 10 km offshore between
Netanya and Ashdod and 17 km offshore between Hadera and Netanya. The company also has a 70%
participation right in the Notera license in the Hula Valley, the Notera license covers approximately 19,000 acres.
For more information contact:
Executive Vice President, Corporate Development
+1 416 250 1955
Chief Executive Officer
+ 972 50 991 8555
Forward-Looking Statement Disclaimer
This press release includes certain statements that may be deemed “forward-looking statements”. All statements
in this press release, other than statements of historical facts, including those that announce proposed financings
that the Company expects to complete, are forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance, and actual results or developments may differ materially
from those in the forward-looking statements. Factors that coul