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ADMLF / Adriatic Metals takes next critical step at Vares as it draws down project financing tranche

Adriatic Metals takes next critical step at Vares as it draws down project financing tranche
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) chief executive Paul Cronin has hailed “another critical step” forward in de-risking the Vares silver project, as the company announced the first drawdown of project financing. The company, in a statement, told investors it had received the first tranche of US$30mln from its US$142.5mln debt financing package with Orion Resource Partners, with the remaining funds expected to be drawn in January 2023. Read More
Posted: Dec 30 2022, 03:58
Author Name: Proactive Investors
Views: 111692

ADMLF News  

Adriatic Metals stockpiling ore ahead of Vares opening

By Proactive Investors
October 24, 2023

Adriatic Metals stockpiling ore ahead of Vares opening

Adriatic Metals said will continue to stockpile ore while it completes final commissioning of the processing plant at its Vares silver mine developme more_horizontal

Adriatic Metals: Near-Term Silver Producer

By Seeking Alpha
October 10, 2023

Adriatic Metals: Near-Term Silver Producer

Adriatic Metals is a near-term producer with a large mine that is 88% completed and will begin production in Q4. The company has significant upside po more_horizontal

Boliden agrees to purchase zinc concentrate from Adriatic Metals' Vares silver project

By Kitco
October 3, 2023

Boliden agrees to purchase zinc concentrate from Adriatic Metals' Vares silver project

(Kitco News) - Precious and base metals miner Adriatic Metals (LSE: ADT1) (OTCQX: ADMLF) announced on Tuesday that the company and Swedish mining and more_horizontal

Adriaitc Metals and Boliden in 'green zinc' partnership

By Proactive Investors
October 3, 2023

Adriaitc Metals and Boliden in 'green zinc' partnership

Adriatic Metals is to supply Swedish firm Boliden with zinc concentrates from the Vares silver project to produce the metal to the highest ESG (Enviro more_horizontal

Adriatic Metals says it remains fully funded and on schedule for first production in November

By Proactive Investors
September 13, 2023

Adriatic Metals says it remains fully funded and on schedule for first production in November

Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) reported a cash balance of US$85.6 million at the half year stage and said it remains fully funde more_horizontal

Adriatic Metals makes encouraging exploration progress

By Proactive Investors
August 16, 2023

Adriatic Metals makes encouraging exploration progress

Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has unveiled encouraging results from its ongoing exploration at Rupice Northwest (RNW), part of more_horizontal

Adriatic Metals raises £25 million in well supported placing

By Proactive Investors
August 8, 2023

Adriatic Metals raises £25 million in well supported placing

Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has raised £25.1 million of new capital in a share placing to fund an expanded and accelerated e more_horizontal

Adriatic Metals almost doubles Rupice resource estimate

By Proactive Investors
July 27, 2023

Adriatic Metals almost doubles Rupice resource estimate

Adriatic Metals said the resource estimate for its Rupice silver-zinc-lead-gold deposit in Bosnia and Herzegovina has increased by 93%. Indicated and more_horizontal


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