US$244,500,000

Debt, Stream & Equity Financing Package

Financal Advisor

October 2021

Tamesis is pleased to have advised Adriatic Metals on a US$244.5 million project finance package for the construction of the Vares Silver Project, consisting of a US$120 million senior secured debt facility, US$22.5 million copper stream and US$50 million equity investment from Orion Resource Partners, and a US$52 million equity placing.