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Dundee Shareholders Approve Adriatic Metals Acquisition

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Dundee Shareholders Approve Adriatic Metals Acquisition

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Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh ( (AU:ADT) ) just unveiled an update.

Adriatic Metals Plc announced that Dundee Precious Metals Inc. shareholders approved a resolution to acquire Adriatic Metals through a scheme of arrangement under the Companies Act 2006. The acquisition will result in a name change for Dundee to DPM Metals Inc., pending regulatory approval, and is a strategic move to consolidate operations and strengthen market positioning.

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: 2,172,681

Technical Sentiment Signal: Buy

Current Market Cap: A$2.06B

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

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