A Locke Lord team led by James Channo and Nick Jennings (both of London) advised Adriatic Metals Plc (ASX:ADT, LON:ADT1) in relation to a subscription for shares by the European Bank for Reconstruction and Development (EBRD) to raise £6.2 million. The proceeds of this EBRD subscription will be used to finance pre-development work in respect of the Vareš Silver Project. Locke Lord is also assisting with the corporate aspects of the US$20 million notes. Additional assistance was provided by Anastasia Demetriou (London).
Posted on November 4, 2020