Dundee Precious Metals Completes Acquisition of Adriatic Metals and Confirms Name Change and ASX Listing - Candlesense

Dundee Precious Metals Completes Acquisition of Adriatic Metals and Confirms Name Change and ASX Listing

(DPM) TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX:DPM) (“DPM”) is pleased to announce the completion of its previously announced acquisition (the “Acquisition”) of the entire issued, and to be issued, ordinary share capital of Adriatic Metals Plc (“Adriatic Metals”), by means of a court-sanctioned scheme of arrangement (the “Scheme”) under Part 26 of the U.K. Companies Act 2006. The Scheme became effective in accordance with its terms on September 3, 2025 (the “Scheme Effective Date”), following the satisfaction of all of the conditions to the Scheme and the delivery of the order of the High Court of Justice in England and Wales sanctioning the Scheme dated August 29, 2025, to the Registrar of Companies in England and Wales. As a result of the completion of the Acquisition, DPM has acquired 100% of the issued share capital of Adriatic Metals, which owns the Vareš operation (“Vareš”) in Bosnia and Herzegovina, a producing silver-lead-zinc-gold underground mi