SOG in cooperation with Kinstellar has advised Strickland Metals on its acquisition of Zlatna Reka Resources Beograd-Vracar. MPartners Legal reportedly advised the sellers.
Strickland Metals is an ASX-listed mineral exploration company from Australia.
Zlatna Reka Resources, whose sole shareholder is Betoota Holdings, is ultimately owned by Ibaera Capital Fund, a private equity group with its seat in the Cayman Islands and offices in Australia.
According to SOG, "this acquisition marks a significant development in Serbia’s burgeoning mining industry, as the project holds an impressive 5.4 million ounce gold resource."
The SOG team included Senior Associates Sara Ostojic and Mario Kijanovic and Associate Vuk Vuckovic.
