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Adriatic Metals now fully funded to build flagship Vares silver project in Bosnia & Herzegovina

Adriatic Metals now fully funded to build flagship Vares silver project in Bosnia & Herzegovina

Adriatic Metals (LON:ADT1) CEO Paul Cronin speaks to Proactive London about their plans after raising US$102mln through equity fundraising.

This will now enable it to start construction at its flagship Vares silver project in Bosnia & Herzegovina. It raised gross proceeds of about US$52mln (£38mln) through a placing with institutional investors and US$50mln from a conditional equity subscription by Orion Resource Partners (UK) LLP.