M&A

Adriatic moves on Serbian polymetallic belt

JUST six weeks after TSXV-listed Tethyan Resource Corporation secured the rights to the advanced Kizevak and Sastavci development projects, Australia's Adriatic Metals has swooped in with a friendly takeover offer aimed at diversifying its asset base.

 The Kizevak pit was mined 20 years ago.

The Kizevak pit was mined 20 years ago.

On April 1, the Vancouver-based Tethyan agreed to purchase Serbia's EFPP for staged payments for €2.5 million over 24 months in order to control licences over silver-zinc-lead mines that are contiguous...

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