LONDON: Dundee Precious Metals Inc. (DPM) has agreed to acquire Adriatic Metals Plc in a recommended cash and share deal valued at approximately $1.25 billion, the companies announced Friday. Under the terms of the transaction, Adriatic shareholders will receive 0.1590 of a new DPM share and 93 pence in cash for each Adriatic share. The offer values…
Tag: Adriatic Metals
Adriatic Metals appoints Laura Tyler as MD and CEO
LONDON: Adriatic Metals announced the appointment of Laura Tyler as Managing Director and Chief Executive Officer. Laura Tyler joined the Adriatic Board as a Non-Executive Director on 1 July 2024 and was appointed Interim CEO on 9 August 2024. The appointment follows an extensive CEO search by the Board as the Company transitions to a…
Adriatic completes acquisition of Tethyan Resource Corp
PERTH: Adriatic Metals Plc has completed the acquisition of Tethyan Resource Corp., a news release said. Prior to completion of the Arrangement, Adriatic was deemed to have control and direction and beneficial ownership of 14.974 million common shares of Tethyan, representing 15.8% of the then issued and outstanding common shares of Tethyan, underlying its conversion…