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Beowulf Mining to invest in Kosovo exploration licences

Nov 06, 2018 - Marketline Newswire

Beowulf Mining has signed an agreement to acquire shares worth a 14% interest in Vardar Minerals in exchange for investment in the company's exploration licences in Kosovo.

Under the terms of the deal, Beowulf will make an initial investment of £250,000 in cash for the stake. The agreement includes an option to increase the stake in the company by making an additional investment.The investment will offer Beowulf exposure to several porphyry-related copper, gold and base metal targets si...