Adriatic Metals (ASX:ADT) agreed with Canada-based Dundee Precious Metals for Dundee to acquire its entire issued and to-be-issued share capital via a UK scheme of arrangement, according to a June 13 filing with the Australian bourse.

Under the deal, Adriatic shareholders will receive 0.1590 Dundee shares plus 0.93 pounds sterling in cash per share, the filing said.