BRIEF-Koza Altin unit signs gold and silver prospecting deal with Medgold Resources

Mon Mar 16, 2015 3:37am EDT
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March 16 (Reuters) - Koza Altin :

* Announces that its unit Koza Ltd. signs deal with Medgold Resources for gold and silver prospecting in Portugal

* The unit will have 55 percent share in joint venture for gold and silver prospecting

* The unit will have option to increase its share in joint venture up to 75 percent

* According to the deal the unit Koza Ltd. will buy 19.31 percent of Medgold Resources capital share for 1.5 million CAD ($1.17 million) Source text for Eikon:

Further company coverage: ($1 = 1.2768 Canadian dollars) (Gdynia Newsroom)