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Adriatic Metals Set for Acquisition by Dundee Precious Metals

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Adriatic Metals Set for Acquisition by Dundee Precious Metals

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The latest update is out from Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh ( (AU:ADT) ).

Adriatic Metals Plc is undergoing a significant corporate change as it is set to be acquired by Dundee Precious Metals Inc. through a Scheme of Arrangement under the Companies Act 2006. This acquisition will result in the delisting of Adriatic’s shares from the London Stock Exchange and the Australian Securities Exchange. The company has urged its shareholders to vote in favor of the scheme at the upcoming Court and General Meetings. This move is expected to impact the company’s market presence and shareholder value, as it transitions under the ownership of Dundee Precious Metals.

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

Average Trading Volume: 1,984,391

Technical Sentiment Signal: Buy

Current Market Cap: A$2B

For detailed information about ADT stock, go to TipRanks’ Stock Analysis page.

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