JOHANNESBURG (miningweekly.com) – Serbia-focused Tethyan Resources will start trading on the TSX-V in Canada this week, under the symbol ‘TETH’.
Trading in the exploration firm’s shares will start when the market opens on Wednesday, Tethyan reported on Monday.
The company has a primary listing on the Aim, in the UK, and is exploring for copper and gold within the Tethyan mineral belt.
Tethyan’s current focus is the historic mining district Suva Ruda, which includes the Rudnitza copper/gold porphyry target and several historic lead/zinc mines. Tethyan has an option agreement over the Suva Ruda project, owned by a Serbian private company Deep Research. According to the option agreement, entered into in September last year, Tethyan can buy the project at any time during an eight-year period for a €6-million cash payment.