Broker report for ADT, page-42

From the report above...

Upcoming Catalysts
I’ve provided below the catalysts that can be expected from Adriatic Metals over the coming few years. As mentioned previously, the most important milestone will be step-out drill results from Rupice’s northern extension. Assuming timely issuance of the Federal Exploration License, first assays should be announced in mid Q2 2019.

•Federal Exploration License received by end February2019
•Step-out drill results @ Rupice’s Northern Extension by end Q2 2020
•Metallurgical results from both Rupice and Veovacaby end Q2 2019
•Maiden Resource @ Rupice+ Resource Update @ Veovaca by end Q2 2019
•First drill results from the Brestic-Jurasevac prospect near Rupice by end Q2 2019
•Exploitation License granted @ Veovaca by end 2019
•1-2 additional project acquisitions in Bosnia by end 2019
•Feasibility Study from combined Rupice + Veovaca operation by end Q2 2020
•Break ground on construction fromcombined Rupice + Veovaca operation by end Q12021
•First production from combined Rupice + Veovaca operation by end 2021