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Karanovic & Partners Advises Tethyan Resource Corp on Acquisition of 10% Stake in EFPP

Karanovic & Partners Advises Tethyan Resource Corp on Acquisition of 10% Stake in EFPP

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Karanovic & Partners has advised Canadian precious and base metals exploration company Tethyan Resource Corp on its acquisition of ten percent of the shares and management control over the of the Serbian geological company EFPP. NKO Partners advised EFPP on the deal.

According to Karanovic & Partners, "with this move, Tethyan secured the exclusive right to purchase the remaining 90% of the shares at some point in the next 12 months. With EFPP being the holder of two exploration licenses over former silver-zinc-lead mines Kizevak and Sastavci in Serbia’s Southwestern district of Raska, Tethyan plans to begin drilling in Kizevak in early June."

Karanovic & Partners team was led by Partner Petar Mitrovic and included Junior Associate Katarina Tomic.

NKO Partners's team was led by Partner Djuro Otasevic.

Karanovic & Partners at a Glance

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.​

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

Firm's website: https://www.karanovicpartners.com/