Brief: Koza Altin unit signs gold and silver prospecting deal with Medgold Resources
16/03/2015 07:11
March 16 (Reuters) - Koza Altin KOZAL.IS :
* Announces that its unit Koza Ltd. signs deal with Medgold
Resources for gold and silver prospecting in Portugal
* The unit will have 55 percent share in joint venture for
gold and silver prospecting
* The unit will have option to increase its share in joint
venture up to 75 percent
* According to the deal the unit Koza Ltd. will buy 19.31
percent of Medgold Resources capital share for 1.5 million CAD
($1.17 million)
Source text for Eikon: ID:nIKAg9pdsa
Further company coverage: KOZAL.IS
($1 = 1.2768 Canadian dollars)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))
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