Tethyan Resource is pleased to announce the successful completion of its previously announced business combination with Adriatic Metals plc, pursuant to which Adriatic has acquired all of the common shares of Tethyan by way of a court approved plan of arrangement. Pursuant to the Arrangement, Tethyan shareholders will receive 0.166 of one ordinary [...]
Tethyan Resource Corp. is pleased to announce that, except for Admission, all conditions to closing have now been satisfied in respect of the previously announced business combination with Adriatic Metals plc, pursuant to which Adriatic will acquire all of the common shares of Tethyan by way of a court approved plan of arrangement. Pursuant to the [...]
Tethyan Resource is pleased to announce that it has met the final substantive Condition Precedent to set a Closing Date pursuant to the Arrangement Agreement with Adriatic Metals and as such the anticipated Closing Date is 2 Oct 2020. As a result of this Adriatic and Tethyan have entered into a Letter of Amendment extending the Outside Date for [...]
Tethyan Resource Corp. is pleased to report assay results of 11 diamond drill holes totalling 1,867.5 m at the Kizevak project in Serbia. Highlights: Drilling greatly extends mineralisation outside of the historic data, including the discovery of a blind, high-grade mineralised structure in hole KZDD-002, which returned 12.9 metres at 8.2 % zinc [...]
Tethyan Resource and Adriatic Metals are pleased to announce that Adriatic, Tethyan and one of its subsidiaries have entered into an amendment to the secured convertible loan agreement dated May 10, 2020 between the parties. Pursuant to the Amendment, Adriatic agreed to advance to Tethyan an additional €500,000, bringing the total principal amount [...]
Tethyan Resource is pleased to announce that it has obtained a final order of the Supreme Court of BC approving the plan of arrangement with Adriatic Metals plc. As announced on August 17, Tethyan shareholders approved the Arrangement at the annual general and special meeting of Tethyan shareholders. Closing of the Arrangement is anticipated to [...]
Tethyan Resource Corp. is pleased to announce that at its annual general and special meeting held earlier today, holders of common shares of Tethyan voted in favour of the special resolution to approve the proposed plan of arrangement with Adriatic Metals plc under the Business Corporations Act. Shareholders holding 51,295,745 common shares voted [...]
Tethyan Resource is pleased to announce the successful completion of its initial drill programme on the recently acquired licence that comprises the central portion of the Kizevak silver-zinc-lead project in Serbia. The programme consisted of 11 diamond drill holes for a total of 1,867.5 metres, targeting the confirmation of historical drill and [...]
Tethyan Resource Corp. is pleased to announce it has mailed the management information circular for its annual general and special meeting of the holders of common shares of Tethyan. The Meeting is primarily being held to approve the proposed plan of arrangement with Adriatic Metals plc under the Business Corporations Act. Pursuant to the [...]
Adriatic Metals plc and Tethyan Resource Corp. are pleased to announce that Tethyan has obtained an interim order of the Supreme Court of British Columbia in connection with the proposed plan of arrangement with Adriatic. The interim order provides for, among other things, the holding of an annual general and special meeting of the holders of [...]
Adriatic Metals plc and Tethyan Resource Corp. are pleased to announce that they have entered into a definitive arrangement agreement respecting the previously announced proposed acquisition of Tethyan by Adriatic. Pursuant to the Agreement, Adriatic will acquire 100% of the outstanding common shares of Tethyan, by way of a plan of arrangement [...]
Tethyan Resource Corp. is pleased to announce that it has commenced drilling at the recently acquired Kizevak project in Serbia. This initial programme will be conducted with one diamond drill rig, with hole depths to between 150 - 300 metres for approximately 2,300 metres in total and is anticipated to complete in mid-August. Drilling is intended [...]
