IN BRIEF: Adriatic Metals raises USD32.0 million through placing
8th Aug 2023 09:30
Adriatic Metals PLC - precious and base metals explorer and developer that owns the Vares silver project in Bosnia & Herzegovina and the Raska zinc deposit in Serbia - Raises USD32.0 million in a placing of 14.8 million shares, at 170 pence each; a 5.1% discount to the 10-day average share price to august 7. Adriatic Metals announced this placing on Monday, saying the proceeds of the placing would fund an expanded and accelerated exploration programme at Rupice and Rupice Northwest, including an additional 40,000 metres of drilling, and associated facilities and equipment. Read More