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

Published: 22:53 15 Oct 2021 AEDT

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.

Adriatic Metals says 2024 will be a solid year as it provides guidance for...

  Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) chief executive Paul Cronin joined Proactive's Stephen Gunnion with details of the first production guidance published for the Vares silver project in Bosnia and Herzegovina. Cronin said the company expects to produce between 240,000...

on 24/1/24