ADAMI

Adamas Trust, Inc. operates as a closed-end management investment company focused on precious metals and mining investments. Headquartered in Denver, Colorado, the trust primarily invests in equity securities of companies engaged in the exploration, mining, processing, and dealing of gold, silver, and other precious metals. The company maintains a concentrated portfolio strategy, typically holding positions in a select number of mining companies and related securities rather than pursuing broad diversification. Adamas Trust functions as a passive investment vehicle, with its business model centered on long-term capital appreciation through strategic positions in the precious metals sector. The trust does not engage in active mining operations but rather provides investors with exposure to the mining industry through its carefully selected portfolio holdings. As a closed-end fund, ADAMI trades on public markets with shares that may trade at premiums or discounts to net asset value depending on market conditions and investor demand. The company's investment approach emphasizes fundamental analysis of mining operations, reserve quality, management teams, and production costs when selecting portfolio constituents. Adamas Trust appeals to investors seeking exposure to precious metals through equity investments rather than physical commodity ownership, offering a professionally managed alternative to direct mining stock selection.