Source - LSE Regulatory
RNS Number : 2123Z
Adriatic Metals PLC
20 May 2021
 

 

Adriatic Metals PLC 

('Adriatic Metals' or the 'Company')

 

INVESTOR PRESENTATION

Adriatic Metals Plc (ASX:ADT, LSE:ADT1) advises that an updated investor presentation has been released to the Australian Securities Exchange.

A full PDF version of the announcement is available from the Company's website: https://www.adriaticmetals.com/investors/asx-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 or @adriaticmetals visit on Twitter; or contact:

Adriatic Metals PLC


Paul Cronin / Thomas Horton

Tel: +44 (0) 7866 913207



Canaccord Genuity Limited (Joint Corporate Broker)


Jeremy Dunlop (Australia)

Tel: +61 2 9263 2700

James Asensio  (UK)

Tel: +44 (0) 207 523 8000



RBC Capital Markets (Joint Corporate Broker)


Marcus Jackson / Jamil Miah

Tel: +44 (0) 20 7653 4000



Stifel Nicolaus Europe Limited (Joint Corporate Broker)


Ashton Clanfield / Callum Stewart

Tel: +44 (0) 20 7710 7600



Tavistock Communications Limited


Charles Vivian

Tel: +44 (0) 7977 297 903



The Capital Network


Julia Maguire / Lelde Smits

Tel: +61 2 8999 3699



 

ABOUT ADRIATIC METALS

Adriatic Metals PLC (ASX:ADT, LSE:ADT1) 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 Project Pre-Feasibility Study boasts robust economics of US$1,040 million post-tax NPV8, 113% post-tax IRR and a capex of US$173 million. Adriatic is the only publicly listed mining company exploring in Bosnia and is leveraging its first-mover advantage. The Company is well-funded and concurrent with the advancing Definitive Feasibility Study, continues to explore across its large, highly prospective 41km2 concession package.

Adriatic Metals completed the acquisition TSX-listed Tethyan Resource Corp.  in Q4 2020, which contained the Raska Zinc-Silver Project in southern Serbia. The Company is exploring across its 99km2 highly prospective concession area, which includes around the formerly operating Kizevak and Sastavci polymetallic mines.

There have been no material changes to the assumptions underpinning the forecast financial information derived from the production target in the 15 October 2020 announcement and these assumptions continue to apply and have not materially changed. Adriatic Metals is not aware of any new information or data that materially affects the information included in the announcement of the updated Mineral Resource Estimate announced on 1 September 2020 and all material assumptions and technical parameters underpinning the Mineral Resource Estimate continue to apply and have not materially changed.

 

 

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