Corporate Governance Securities

RNS Number : 8853P

Adriatic Metals PLC

15 June 2020

 

Adriatic Metals PLC 

('Adriatic Metals' or the 'Company')

CORPORATE GOVERNANCE SECURITIES
TRADING POLICY & DEALING CODE

Adriatic Metals PLC (ASX:ADT, LON:ADT1) ("Adriatic" or "the Company"):

This is located on the Company's website as part of Adriatic's Corporate Governance Manual (schedule 9) https://www.adriaticmetals.com/downloads/corp-governance-files-/adt-2020-cgp-v03.pdf

For further information please contact:

Paul Cronin
Managing Director & CEO
[e-mail]

** ENDS **

Market Abuse Regulation Disclosure

The information contained within this announcement is deemed by Adriatic (LEI: 549300OHAH2GL1DP0L61) to constitute inside ‎information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. The person ‎responsible for arranging and authorising the release of this announcement on behalf of Adriatic is Paul Cronin, Managing Director and CEO.

For further information please visit  www.adriaticmetals.com ; @AdriaticMetals on Twitter; or contact:

Adriatic Metals PLC
Paul Cronin / Emma Chetwynd Stapylton	Tel: [phone]
Tavistock Communications Limited
Charles Vivian Edward Lee Gareth Tredway	Tel: [phone] Tel:  [phone] Tel: [phone]

About Adriatic Metals

Adriatic Metals Plc (ASX:ADT, LON:ADT1) is a precious and base metals explorer and developer that owns the world-class advanced polymetallic Vares project in Bosnia & Herzegovina.

The Vares project consists of two high-grade polymetallic deposits, located at Rupice and Veovaca. Bosnia & Herzegovina is well-positioned in central Europe and boasts a strong mining history, pro-mining environment, highly-skilled workforce as well as extensive existing infrastructure and logistics.

The Vares project's captivating economics and impressive resource inventory have attracted Adriatic's highly experienced team, which is expediting exploration efforts to expand the current JORC resource. Results of a recent scoping study indicate an NPV8 of US$917 million and IRR of 107%. Leveraging its first-mover advantage, Adriatic is rapidly advancing the project into the development phase and through to production.

 

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