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Adriatic Metals in $46m raising ahead of November production

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Dual listed silver and zinc explorer Adriatic Metals had its brokers drumming up bids into a $US30 million ($45.6 million) placement on Tuesday morning, ahead of first production expected in November.

Adriatic is raising $46 million. 

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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com

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Original URL: https://www.afr.com/street-talk/adriatic-metals-in-46m-raising-ahead-of-november-production-20230808-p5durf