DPM Strengthens Asset Base Following Adriatic Acquisition

DPM Metals Inc. (ASX: DPM) has completed a transformative portfolio expansion with the acquisition of Adriatic, adding the Vareš underground mining operation in Bosnia and Herzegovina to its producing asset base. The transaction, finalised in September 2025, materially increases DPM’s exposure to silver, lead, zinc, and gold while complementing its existing operations at Chelopech and Ada Tepe. The acquisition was funded through a combination of cash and equity, resulting in the creation of a new operating segment within the Group. Management views the addition of Vareš as strategically important, enhancing production diversity, strengthening long-term growth optionality through development and exploration upside, and reinforcing the Company’s position as a multi-asset precious and base metals producer with a strong balance sheet and disciplined capital framework.

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