Adriatic Metals is raising $80 million to expand its Vares Silver operation, strengthening its position as a global silver producer.
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Adriatic Metals ended 2024 with a $21 million cash balance and secured a $25 million prepayment arrangement with Trafigura, bringing total liquidity to $46 million.
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Adriatic Metals has received all regulatory permits for its Veovaca tailings storage facility in Bosnia and Herzegovina.
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Adriatic Metals CEO Paul Cronin resigns, with Laura Tyler stepping in as interim CEO.
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