Euromax Resources falls on copper project permit rejection

Euromax Resources

12/07/2019 16:33

** Diversified miner's shares  EOX.TO  down 14.2% at C$0.06
    ** Company gets a "rejection resolution" from Ministry of
Economy of the Republic of North Macedonia related to its
request for a permit related to the Ilovica-Shtuka copper
project
    ** Request dated July 25, 2016 concerns one of the company's
two "exploitation concessions"; Rejection is based on claim that
all documents required under law for the application were not
submitted
    ** Company now has 15 days to appeal this decision and
intends to do so, it said in a statement   urn:newsml:reuters.com:*:nCNW2xdGba
    ** Stock down 14.2% YTD

 (Reporting By Arundhati Sarkar in Bengaluru)
 ((Reuters Messaging: arundhati.sarkar@.thomsonreuters.com))