ASX-listed Adriatic Metals hits 10-1/2-month high on receiving exploration permit

Adriatic Metals

07/06/2021 04:58

** ASX-listed shares of Adriatic Metals PLC  ADT.AX  jump as
much as 14.3% to A$2.800, their highest since Aug. 18, 2020 
    ** UK-based explorer receives exploration permit for the new
concession areas in Bosnia and Herzegovina  urn:newsml:reuters.com:*:nASX9SWT4k
    ** ADT was granted three new concession areas, totalling 32
square kilometres in Bosnia and Herzegovina in September, 2020
    ** Co says exploration permit allows commencement of
drilling and channel sampling 
    ** Stock eyes its best session since Feb. 1
    ** About 800,000 shares change hands, vs the 30-day average
volume of 360,000 shares
    ** Stock down 12.9% this year, as of last close
    
  

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))