11:01 AM EST - Tethyan Resource Corp. : And Adriatic Metals plc 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 under the Business Corporations Act (British Columbia), in consideration for the issuance of 0.166 of an ordinary share of Adriatic for each common share of Tethyan outstanding at the effective time of the Arrangement. Tethyan Resource Corp.
shares V.TETH are trading unchanged at $0.20.
