Business
Change of Ownership Registration for the Slivova Gold Project, Kosovo
(TheNewswire) June 4, 2025 – TheNewswire - Avrupa Minerals Ltd. (AVU:TSXV) ...

About this update from Avrupa Minerals Ltd.
[{"type":"text","content":"Change of Ownership Registration for the Slivova Gold Project, Kosovo\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n June 4, 2025 – TheNewswire -\n \n\n Avrupa Minerals Ltd.\n(AVU:TSXV)\n \n\n reports that the change in control of\nits subsidiary in Kosovo, AVU Kosova (“AVUK”), previously\ndescribed in the Company news release of April 3, 2025 (\n \n\n\n\n NR-03 -- Progress at\nSlivova\n \n\n\n\n ), has been officially\nregistered with the Kosovo Business Registration Agency and the Kosovo\nMining Bureau (“ICMM”).  AVUK is now held 49% by Avrupa Minerals\nand 51% by JV partner Western Tethyan Resources (“WTR”), a\nUK-registered entity physically based in Kosovo.  AIM-listed Ariana\nResources holds 76% of WTR.\n \n\n\n\n While the ownership change in AVUK was registered\nproperly, in accordance with Mining Law regulations, and in a timely\nmanner at ICMM, unforeseen delays in the approval of this formal\nregistration resulted in the lapse of the Slivova exploration license\nat the end of business on May 16, 2025.  To cover the expiration of\nthe license, ICMM legal department informally indicated that AVUK\nshould re-apply for the exact same Slivova area at the start of\nbusiness on May 19, 2025.  On behalf of AVUK, WTR legal\nrepresentation agreed to the informal recommendation, and the\napplication for the new Slivova license was successfully completed and\nregistered in the ICMM system.  Application for exploration areas is\nregistered at ICMM on a “first come-first served” basis, thus\ncontinuity of tenure was secured for the Slivova Project.  Full\nprocessing of the application is expected in the coming 3-5 months,\naccording to the Mining Law regulations.\n \n\n\n\n In the meantime, according to principals of Ariana and\nWestern Tethyan Resources, WTR will continue to plan for “the next\nstage of technical work on the Slivova Project to advance it to the\nfeasibility stage”.  Further information about WTR and Ariana\nResources and the Slivova license tenure may be found in their news\nreleases, issued simultaneously with AVU’s news release.\n \n\n\n\n Paul W. Kuhn, President and CEO of\nAvrupa Minerals, commented:\n \n\n\n\n “\n \n\n We are\npleased with the se...