StockMarketWire.com - Beowulf Mining said it had acquired a 14% interest in Balkans-focused explorer Vardar Minerals for £250k.

The company said it also had an option increase its ownership in Vardar.

The investment provided exposure to a number of porphyry-related copper, gold and base metal targets in the prospective Tethys Arc in Kosovo, Beowulf said.

'The region is rapidly becoming a focus for major exploration investment following significant discoveries in the last decade,' it added.




At 2:50pm: [LON:BEM] Beowulf Mining PLC share price was +0.15p at 5p



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