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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

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/


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