M&A Deal Summary

Dunav Resources Acquires Avala Resources - Lisa Project

On August 11, 2011, Dunav Resources acquired metals/mining company Avala Resources - Lisa Project from Avala Resources

Acquisition Highlights
  • This is Dunav Resources’ 1st transaction in the Metals/Mining sector.
  • This is Dunav Resources’ 1st transaction in Serbia.

M&A Deal Summary
Date 2011-08-11
Target Avala Resources - Lisa Project
Sector Metals/Mining
Buyer(s) Dunav Resources
Sellers(s) Avala Resources
Deal Type Divestiture

Target

Avala Resources - Lisa Project

Serbia
Avala Resources - Lisa Project is comprised of four exploration licences known as the Lisa, Kotraza, Kravarica and Dubac licences and covers an area of 320 sq. km within the Tertiary Magmatic Belt of central-southern Serbia.

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Buyer(S) 1

Buyer

Dunav Resources

Longueuil, Quebec, Canada
Category Company
Founded 1996
Sector Metals/Mining
DESCRIPTION

Dunav Resources Ltd. is a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Serbia.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (Serbia) 1 of 1
Year (2011) 1 of 1

Seller(S) 1

SELLER

Avala Resources

Longueuil, Quebec, Canada
Category Company
Sector Metals/Mining
DESCRIPTION

Avala Resources Ltd. is a mineral exploration company focused on the exploration and development of gold and copper projects in Serbia. Avala's key projects are the Timok Gold Project, the Tulare Project, and the Lenovac Project.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (Serbia) 1 of 1
Year (2011) 1 of 1
Mergr

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