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Adriatic Metals Raises A$80M to Fast-Track Vares Silver Expansion
9:33am on Tuesday 18th of February, 2025 AEDT
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Mining
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Adriatic Metals Raises A$80M to Fast-Track Vares Silver Expansion
9:33am on Tuesday 18th of February, 2025 AEDT
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 (ASX:ADT)
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