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Adriatic Metals Raises A$80M to Fast-Track Vares Silver Expansion
7:03am on Monday 2nd of June, 2025 AEST
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Mining
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Adriatic Metals Raises A$80M to Fast-Track Vares Silver Expansion
7:03am on Monday 2nd of June, 2025 AEST
Key Points
A$80 million two-tranche institutional placement announced
Funds to support Vares Processing Plant expansion and mine production studies
Ramp-up to commercial production expected in Q1 2025
Expansion to increase processing capacity from 0.8Mtpa to 1.3Mtpa by 2027
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ADRIATIC METALS PLC (ASX:ADT)
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