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Karanovic & Partners Advises Vale on Acquiring Earn-in Option from Mundoro Capital

Karanovic & Partners Advises Vale on Acquiring Earn-in Option from Mundoro Capital

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Karanovic & Partners acted as Serbian legal counsel for Vale Canada Limited on its acquisition of the option to earn-in in four of Mundoro Capital Inc’s exploration licenses in the Timok mining complex.

The earn-in relates to the Sumrakovac, Osnic, Dubrava and Padina properties.

Under the agreement, Mundoro has granted the option to earn up to a 75% interest in the projects over two phases to Vale by funding expenditures of up to USD 45 million.

The Karanovic & Partners team included Senior Partner Dragan Karanovic, Partner Petar Mitrovic, and Junior Associate Katarina Tomic. 

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

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

 

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