• Proposed equity raising to fast-track Vares Silver Operation expansion
• Enhance balance sheet flexibility to support growth initiatives
• Strengthen position as a leading European base and precious metals developer

Adriatic Metals Plc has announced a proposed equity raising to fast-track the expansion of its Vares Silver Operation and enhance balance sheet flexibility to support growth initiatives. The company aims to strengthen its position as a leading European base and precious metals developer. The equity raising will be used to accelerate the expansion of the Vares Silver Operation, which is a key growth project for the company. The additional funding will also provide Adriatic Metals with greater balance sheet flexibility to pursue other growth opportunities and support the company's ongoing development. The presentation outlines the rationale and details of the proposed equity raising, including the use of proceeds, project timeline, and the company's strategic vision. Adriatic Metals is seeking to capitalize on the strong outlook for base and precious metals, and the equity raising will enable the company to execute on its growth plans and enhance its position in the European mining sector.

Adriatic Metals is seeking to fast-track the expansion of its Vares Silver Operation and enhance its balance sheet flexibility to support future growth initiatives, strengthening its position as a leading European base and precious metals developer.