Source - LSE Regulatory
RNS Number : 9391J
Adriatic Metals PLC
27 August 2021
 

 

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:

27/02/2021

To:

26/08/2021

Balance of unallotted securities under scheme(s) from previous return:

15,450,000

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):

4,516,935

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:

10,933,065

 

Name of contact:

Geoffrey Eyre

Telephone number of contact:

+44 (0) 207 993 0066

 

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

 

** ENDS **

 

For further information please visit www.adriaticmetals.com; @AdriaticMetals 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, 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 Project 2021 Definitive Feasibility Study boasts robust economics of US$1,062 million post-tax NPV8, 134% post-tax IRR and a capex of US$168 million. Adriatic is the only publicly listed mining company exploring in Bosnia and Herzegovina and is leveraging its first-mover advantage. The Company is well-funded and concurrent with advancing the construction of the Vares Silver Project, 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.

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