Adriatic Metals Secures AU$25 Million Prepayment Agreement with Trafigura.

Jan 17, 2025

Adriatic Metals PLC (ASX: ADT) has successfully closed a binding AU$25 million concentrate prepayment agreement with Trafigura, marking a significant milestone in the company’s financial strategy. This arrangement, initially announced on 12 December 2024, has now been executed with funds drawn down. The agreement underscores a strong partnership between Adriatic and Trafigura, facilitating Adriatic’s operational and development goals.

The material terms of the agreement remain consistent with those outlined in the prior announcement. This funding arrangement is expected to provide Adriatic with enhanced liquidity to support its ongoing projects. It highlights Adriatic’s commitment to executing strategic financial initiatives to advance its business objectives and deliver long-term shareholder value.

 

 

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