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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.

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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