Graphite producer and battery anode material developer Volt Resources Limited (ASX: VRC) (“Volt” or “the Company”) announced the acquisition of three licence applications that are considered to be prospective for lithium-borate mineralisation. The licence applications are in respect to a total area of 291km2, located in Serbia and are west and south-west of the Serbian capital, Belgrade. Volt is acquiring 100% of the issued share capital in Asena Investments d.o.o. Beograd-Stari grad (Asena), a Serbian company which holds the rights in relation to the three licence applications.
Together with Corrs Chambers Westgarth, the Karanovic & Partners team led by Partner, Ivan Nonković alongside with Partner, Petar Mitrović, and Associate, Katarina Tomić, has advised the Volts’ management on Serbian aspects of this transaction.
* Partner / Associate refers to Independent Attorney at Law in cooperation with Karanovic & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.