Adriatic Metals is looking to raise at least $US50 million via an institutional placement. The Silver explorer will issue around 18.3 million CHESS Depositary Interests at an offer price of $4.15 per CDI, which represents a 5.7% discount to the last close price of $4.40 and an 11.5%discount to the 5-day VWAP. Elsewhere, the company said it has agreed a sale of grade concentrates from its Vares Silver Operation, with the first shipment having already left the port. Adriatic said production will be ramped up over the coming months, with initial metal recovery rates exceeding expectations.
#AdriaticMetals #SilverExplorer #InstitutionalPlacement #RaiseFunds #CHESSDepositaryInterests #StockMarket #Investing #MiningIndustry #VaresSilverOperation #GradeConcentrates #FirstShipment #ProductionRampUp #MetalRecovery #InvestmentOpportunity #MarketNews #Commodities #MiningStocks #SilverMining #FinancialNews #CapitalRaising
AdriaticMetals, SilverExplorer, InstitutionalPlacement, RaiseFunds, CHESSDepositaryInterests, StockMarket, Investing, MiningIndustry, VaresSilverOperation, GradeConcentrates, FirstShipment, ProductionRampUp, MetalRecovery, InvestmentOpportunity, MarketNews, Commodities, MiningStocks, SilverMining, FinancialNews, CapitalRaisingWorld News with in-depth analysis – trusted & transparent! Kalkine Media is on a mission to empower its viewers with quality news coverage from across the globe. Tune into Kalkine Media’s LIVE market news coverage, exclusive corporate interviews, expert talks, and trending stories of the day.
Check out Kalkine Media on mobile and download our app for iPhone and Android. Stay Apprised, Invest Wise!
For Android- bit.ly/3Gqlrpk
For Apple- bit.ly/3WVTMBY
Check out our media Website 👉 [ Ссылка ]
Follow us and stay updated on the Go with the Market Charter 👇👇
Facebook - [ Ссылка ]
Twitter - [ Ссылка ]
LinkedIn - [ Ссылка ]
