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Why Dundee Precious Metals Is Paying $1.25B for Adriatic Metals Now

6:02pm on Friday 13th of June, 2025 AEST Mining
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Why Dundee Precious Metals Is Paying $1.25B for Adriatic Metals Now

6:02pm on Friday 13th of June, 2025 AEST
Key Points
  • Recommended acquisition via UK scheme of arrangement
  • Offer values Adriatic at US$1.251 billion with 50.5% premium to LSE price
  • Adriatic shareholders receive 0.1590 Dundee shares plus 93 pence cash per share
  • Transaction expected to complete in Q4 2025, subject to approvals
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