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Adriatic Metals Raises A$80M to Fast-Track Vares Plant Expansion and Rupice Growth
7:17pm on Tuesday 18th of February, 2025 AEDT
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Adriatic Metals Raises A$80M to Fast-Track Vares Plant Expansion and Rupice Growth
7:17pm on Tuesday 18th of February, 2025 AEDT
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 (ASX:ADT)
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