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Adriatic Metals Announces Acquisition by Dundee Precious Metals

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Adriatic Metals Announces Acquisition by Dundee Precious Metals

Elevate Your Investing Strategy:

An announcement from Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh ( (AU:ADT) ) is now available.

Adriatic Metals PLC has announced a recommended acquisition by Dundee Precious Metals Inc. (DPM), which will be executed through a court-sanctioned scheme of arrangement under the Companies Act 2006. The scheme document, detailing the terms and conditions of the acquisition, has been published, and shareholders are urged to vote in favor of the resolutions at the upcoming meetings. The acquisition has received support from the Adriatic Directors and a significant portion of shareholders, with the expectation that it will benefit all stakeholders involved.

The most recent analyst rating on (AU:ADT) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh stock, see the AU:ADT Stock Forecast page.

More about Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh

YTD Price Performance: 48.21%

Average Trading Volume: 1,961,798

Technical Sentiment Signal: Buy

Current Market Cap: A$2B

See more insights into ADT stock on TipRanks’ Stock Analysis page.

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