Statement of CDIs in issue

RNS Number : 1953V
Adriatic Metals PLC
05 August 2020
 

 

Adriatic Metals PLC 

('Adriatic Metals' or the 'Company')

 

 

Statement of CDIs in issue

Adriatic Metals plc (ASX: ADT/ LON: ADT1) advises that, in accordance with ASX Listing Rule 4.11, an Appendix 4A statement (monthly confirmation of CDIs in issue) has been issued to the Australian Securities Exchange (ASX).

The statement is available on the Company's website https://www.adriaticmetals.com/investors/announcements/

Authorised by, and for further information please contact:

Paul Cronin
Managing Director & CEO
info@adriaticmetals.com

 

** 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: +44 (0) 203 950 9138



Tavistock Communications Limited


Charles Vivian

Tel: +44 (0) 7977 297903

Edward Lee

Tel:  +44 (0) 7736 220565

Gareth Tredway

Tel: +44 (0) 7785 974264



The Capital Network


Julia Maguire/Lelde Smits

Tel: +61 2 8999 3699

 

 

 

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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