July 31 (Reuters) - Adriatic Metals PLC ADT1.L :
* UPDATES ON LITIGATION PROCEEDINGS BY SANDFIRE
* SANDFIRE COMMENCED LEGAL PROCEEDINGS IN SUPREME COURT OF WESTERN AUSTRALIA AGAINST CO
* SANDFIRE'S CLAIMS INCLUDE DECLARATION THAT CO BREACHED DEED, SPECIFIC PERFORMANCE OF DEED, DAMAGES, INTEREST & COSTS
* SANDFIRE ALLEGES IT WAS ENTITLED TO ACQUIRE TOTAL OF 4.1 MILLION SHARES IN CO
* INTENDS TO VIGOROUSLY DEFEND CLAIMS