Adriatic Metals' Shareholders Approve Proposed Acquisition by Dundee Precious
MT Newswires Live
Aug 15, 2025
Adriatic Metals (ASX:ADT) said a majority of its shareholders on Friday approved the company's proposed acquisition by Dundee Precious Metals via a Court-sanctioned scheme of arrangement, according to a same-day Australian bourse filing.
A total of 99.27% of the votes cast by eligible shareholders in the meeting were in favor of the acquisition, per the filing.
The company will seek orders from the Court for the approval of the scheme at the hearing currently scheduled for Aug. 29, the filing added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.