Year: 2024

January 18, 2024 – Vancouver, Canada: Electrum Discovery Corp. (“Electrum” or the “Company”) (TSX‑V: ELY) (formerly Medgold Resources Corp. (“Medgold”)) is pleased to announce the closing (“Closing”) of its previously-announced transaction resulting in the reverse takeover of Medgold by Balkan Metals Corp. (“BMC”), along with completion of a concurrent non-brokered private placement (the “Private Placement”), a 16-1 share consolidation (the “Consolidation”) and name change (collectively, the “Transaction”). As a result of the Transaction, Electrum now holds a portfolio of exploration licences in Serbia covering close to 1,000 square kilometres, making[…]