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Pin to quick picksAdriatic Metal. Share News (ADT1)

Share Price Information for Adriatic Metal. (ADT1)

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Share Price: 234.50
Bid: 234.00
Ask: 237.00
Change: -5.50 (-2.29%)
Spread: 3.00 (1.282%)
Open: 233.00
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Low: 231.00
Prev. Close: 240.00
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Adriatic Metals Poaches Avesoro Resources Finance Chief Geoff Eyre

Mon, 06th Jan 2020 10:53

(Alliance News) - Adriatic Metals PLC said Monday it has made two new management appointments, including Geoff Eyre as chief financial officer.

Eyre will replace Sean Duffy, who will be stepping down with effect on March 6 after three years in the role since 2017.

Eyre is currently chief financial officer of African gold producer Avesoro Resources PLC since 2016.

Adriatic Metals - a mining company which operates the Vares project in Bosnia & Herzegovina - also announced the appointment of Philip Cox as chief geologist.

He will be replacing Bob Arnett, who retired in 2019. Fox's most recent role was as project manager at Canada-based Toachi Mining Inc, which operates on the La Mina volcanogenic massive sulfide ore deposit in Ecuador.

"The addition of both Geoff and Phil to the senior management team at Adriatic clearly shows our intent to develop our existing assets into production, and expand our known resource base in this prolific district. I would personally like to thank Bob and Sean for their service to Adriatic, both joining the company early in its life and making a valuable contribution to its success," said Chief Executive Officer Paul Cronin.

Shares in Adriatic Metals - which is headquartered in Cheltenham - were down 1.7% at 91.00 pence on Monday in London.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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28 Nov 2022 09:37

IN BRIEF: Adriatic Metals reaches half-way mark at Vares project

Adriatic Metals PLC - exploration and development company with key projects in Bosnia & Herzegovina and Serbia - Says the Vares silver project in Bosnia & Herzegovina remains on schedule with the first concentrate production planned for the third quarter of 2023. Says half of the total project construction is now complete. As at November 21, completes 277 metres of Lower Decline and 177 metres of Upper Decline.

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31 Oct 2022 12:23

IN BRIEF: Adriatic Metals nears half-way mark at Vares silver project

Adriatic Metals PLC - exploration and development company with key projects in Bosnia & Herzegovina and Serbia - Says construction at the Vares silver project in Bosnia & Herzegovina is now 45% complete, with 72% of capital expenditure awarded, pending award or quoted. Completes 207 metres of Lower Decline development and 100 metres of Upper Decline development. The final project cost estimate marginally increases to USD173 million, with the firm adding this is "well within" its contingencies. First concentrate production is on track for the third quarter of 2023, as anticipated.

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Adriatic Metals confirms mineralisation extension at Rupice Northwest

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7 Oct 2022 15:56

Adriatic Metals says Vares project is nearly half way to completion

(Alliance News) - Adriatic Metals PLC on Friday said that nearly half of its Vares project is now complete as it navigated supply chain difficulties.

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14 Sep 2022 11:25

CORRECT: Adriatic Metals CEO buys shares and director sells in June

(Correcting that the transactions took place in June and amending price of Cronin's purchase.)

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12 Sep 2022 10:10

Adriatic Metals interim loss widens as finance expenses surge

(Alliance News) - Adriatic Metals PLC on Monday said its half-year loss widened as expenses increased and one-off gains dropped.

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12 Sep 2022 09:37

IN BRIEF: Adriatic Metals CEO buys shares as non-exec director sells

Adriatic Metals PLC - Vares silver project in Bosnia & Herzegovina and Raska zinc-silver project in Serbia - Non-Executive Director Peter Bilbe sells 300,000 shares at AUD2.33 to AUD2.40, worth AUD717,115, about GBP412,990, on Wednesday last week. Meanwhile, Managing Director & Chief Executive Officer Paul Cronin buys 100,000 shares, mostly at AUD2.40, worth AUD239,819, on Thursday. Both transactions were done in Sydney via Chess depositary interests.

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IN BRIEF: Adriatic Metals CEO buys shares as non-exec director sells

Adriatic Metals PLC - Vares silver project in Bosnia & Herzegovina and Raska zinc-silver project in Serbia - Non-Executive Director Peter Bilbe sells 300,000 shares at AUD2.33 to AUD2.40, worth AUD717,115, about GBP412,990, on Wednesday last week. Meanwhile, Managing Director & Chief Executive Officer Paul Cronin buys 100,000 shares, mostly at AUD2.40, worth AUD239,819, on Thursday. Both transactions were done in Sydney via Chess depositary interests.

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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