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Adriatic Metals Raises A$80M to Fast-Track Vares Plant Expansion and Rupice Growth
6:51am on Monday 2nd of June, 2025 AEST
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Adriatic Metals Raises A$80M to Fast-Track Vares Plant Expansion and Rupice Growth
6:51am on Monday 2nd of June, 2025 AEST
Key Points
Raised approximately A$80 million via institutional placement
Placement executed in two tranches, with first tranche commencing trading on 25 February 2025
Funds allocated to Vares Processing Plant expansion and Rupice Mine production growth
New shares represent 5.95% of issued capital post-placement
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ADRIATIC METALS PLC (ASX:ADT)
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