Terra Balcanica takes full ownership of Viogor polymetallic project in Bosnia
Bitget2026/09/22 00:05- Terra Balcanica took full ownership of the Viogor polymetallic exploration project in Bosnia by buying the remaining 10% in its local unit.
- Deal consideration set at 6,331,400 common shares issued to two arm’s-length minority shareholders, subject to a four-month hold.
- Viogor permit covers Pb-Zn-Cu and associated metals in eastern Bosnia and Herzegovina, issued May 20, 2026, valid for three years.
- Non-brokered private placement deadline extended to Oct. 8, 2026, targeting up to C$ 750,000 at C$ 0.05 per unit.
- Proceeds earmarked for geophysics and Phase IV drilling at the Cumavici target within Viogor, with remaining funds for working capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Vodafone (VOD.US) Swings to Loss in First Half, German Operations Major Drag
Vodafone (VOD.US) released its financial results for the first half of fiscal year 2027.
AI gamble backfires! Data center project writedowns and weak tech stock positions drag down SoftBank (SFTBY.US) to a Q2 loss of $7.1 billion
SoftBank recorded its first net loss in nearly two years due to a $3.7 billion impairment loss arising from a U.S. data center project, coupled with mounting market concerns over the sustainability of artificial intelligence (AI) growth impacting the investment giant’s key holdings.
AI Cloud Sector Faces a Key Moment: CoreWeave (CRWV.US) Set to Announce Earnings, Wells Fargo Remains Bullish
CoreWeave (CRWV.US) will release its third-quarter financial report after the U.S. stock market closes on Tuesday. This is seen as a key test for the strength of the new AI cloud sector.
JPMorgan raises target prices for Target and Walmart
Crypto prices
More
