2023-07-28 09:19:18 ET
- Euromax Resources ( OTCPK:EOXFF ) has announced that the Government of the Republic of North Macedonia has withdrawn its recently granted approval of the merger of the Company's Ilovica 6 and Ilovica 11 exploitation concessions.
- This decision contains no explanation of the legal grounds for the reversal of its decision in which the Merger was approved.
- The Co. will ask the Government to reconsider the Merger at the appropriate time, given its importance for the region and country as a whole.
For further details see:
Euromax announces withdrawal of concessions merger approval