Adriatic Metals PLC (ASX:ADT & FSE:3FN) has received approval for the dual listing of the company’s ordinary shares to the standard segment of the Official List and the LSE’s Main Market for listed securities.
The company said that subject to the UK Listing Authority’s final approval, it expects that Admission will become effective and that unconditional dealings in the Shares will commence on Thursday, 12 December 2019 under the ticker “LSE: ADT1”.
Tamesis Partners LLP is acting as financial advisor and Locke Lord (UK) LLP as UK legal advisor to Adriatic in relation to the Admission.
Adriatic Metals PLC (ASX: ADT) is a precious and base metals explorer and developer via its 100% interest in the Vareš Project in Bosnia & Herzegovina.
The Project comprises a historic open cut mine at Veovača and brownfield exploration at Rupice, an advanced proximal deposit which exhibits exceptionally high grades of base and precious metals.
Adriatic’s short- term aim is to expand the current JORC resource at high-grade Rupice deposit, as well as conduct exploration on a number of other prospects within the expanded Concession.