Successful sale of Euromax subsidiary

Canadian exploration and development company Euromax Resources Ltd. sold its subsidiary company Euromax Services EOOD (“Euromax Services”) – owner of 100% of the Trun project (deposits estimated at 35 tons of gold and 451 tons of silver) and the Babjak and Zlataritza exploration assets in Bulgaria.
Euromax Resources has already set up a stand-alone unit in Bulgaria named Euromax Exploration Services EOOD. The changes are aimed at boosting up the efficiency of the company's personnel and resources.
Kambourov & Partners advised Euromax throughout the entire USD 3.5 m transaction that was successfully completed at the end of April 2014.