BLOCK LISTING SIX MONTHLY RETURN

RNS Number : 0638R

Adriatic Metals PLC

27 February 2023

 

Adriatic Metals PLC 

("Adriatic Metals" or "Company")

(ASX:ADT, LSE:ADT1, OTCQX:ADMLF )

BLOCK LISTING SIX MONTHLY RETURN

Name of applicant:		Adriatic Metals PLC
Name of scheme:		Employees' and Consultants' Incentive Plan
Period of return:	From:	27/08/2022	To:	26/02/2023
Balance of unallotted securities under scheme(s) from previous return:		8,454,707
Plus:   The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):		n/a
Less:   Number of securities issued/allotted under scheme(s) during period (see LR3.5.7G):		2,059,593
Equals:   Balance under scheme(s) not yet issued/allotted at end of period:		6,395,114

Name of contact:	Jonathan Dickman
Telephone number of contact:	[phone]

(Note: Italicised terms have the same meaning as given in the Listing Rules.)

For further information please visit: www.adriaticmetals.com ; email: [e-mail] , @AdriaticMetals on Twitter; or contact:

Adriatic Metals PLC
Paul Cronin / Klara Kaczmarek	Via Buchanan
Buchanan	Tel: [phone]
Bobby Morse / Oonagh Reidy	[e-mail]
Canaccord Genuity Limited (Joint Corporate Broker)
Jeremy Dunlop (Australia)	Tel: [phone]
James Asensio (UK)	Tel: [phone]
RBC Capital Markets (Joint Corporate Broker)
James Agnew / Jamil Miah	Tel: [phone]
Stifel Nicolaus Europe Limited (Joint Corporate Broker)
Ashton Clanfield / Callum Stewart	Tel: [phone]
Citadel Magnus
Cameron Gilenko	Tel: [phone]

ABOUT ADRIATIC METALS

Adriatic Metals PLC (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) is a precious and base metals developer that is advancing the world-class Vares Silver Project in Bosnia & Herzegovina, as well as the Raska Zinc-Silver Project in Serbia.

The Vares Silver Project is fully funded to production, which is expected in Q3 2023. The 2021 Project Definitive Feasibility Study shows robust economics of US$1,062 million post-tax NPV8, 134% IRR and a capex of US$168 million. Concurrent with ongoing construction activities, the Company continues to explore across its highly prospective 42km² concession package.

 

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