Adriatic Metals (ADMLF) 2023年年度报告「OTC」.pdf

1、Annual Report 2023For the year ended 31 December 2023Building a new European Mining CompanyAdriatic Metals|Building a new European Mining Company|Annual Report for the Year Ended 31 December 2 of 170IntroductionABOUT USAdriatic Metals is a precious and base metals developer that is advancing the wor

2、ld-class Vare Silver Project in Bosnia and Herzegovina,as well as the Raka Zinc-Silver Project in Serbia.The Vare Silver Project is fully constructed and first concentrate was produced in February 2024.Concurrent with ongoing mining activities,the Company continues to explore across its highly prosp

3、ective 44km2 concession package.Adriatic Metals is listed on the London Stock Exchange(LSE:ADT1),the Australian Stock Exchange(ASX:ADT)and the OTC Markets Group(OTCQX:ADMLF).GovernanceStrategic reportCorporate Financial statementsAdriatic Metals|Building a new European Mining Company|Annual Report f

4、or the Year Ended 31 December 3 of 170CorporateStrategic ReportGovernanceFinancial StatementsSee p.4See p.8See p.79See p.114Delivering European resource self sufficiencyA scalable model to develop sustainable strategic metalsDelivering responsibly developed value to all stakeholdersStrong capital co

5、ntrol&cash positionHighlights of the yearStrategic ReportMarket Review 9Business Model 11CEO Statement 12Strategy 15Operations Review 16Financial Review 36Principal risks and Uncertainties 40Directors Section 172(1)Statement 44Principal decisions by the Board during the period 49Sustainability Revie

6、w 50CorporateCompany Overview 5Chairmans Statement 6GovernanceCompany Directory 80Corporate Governance Report 81Audit&risk committee report 89Sustainability committee report 93Remuneration&nomination committee report 95Directors report 109Statement of directors responsibilities 113Financial Statment