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Terra Balcanica acquires full ownership of Viogor Project

PRIVATESep 22, 2026about 2 hours ago

Acquiring Company

Terra Balcanica Resources Corp

Acquired Company

Drina Resources doo Srebrenica

VancouverRepublika SrpskaMiningMiningMineral

Description

Terra Balcanica Resources Corp. has successfully acquired the remaining 10% equity interest in the Viogor polymetallic exploration project located in Bosnia. The acquisition involved the issuance of over 6.3 million common shares to minority shareholders of its Bosnian subsidiary. This move marks a significant step for Terra in consolidating its ownership and advancing mineral exploration activities in the region.

Company Information

Company

Terra Balcanica Resources Corp

Location

Vancouver, British Columbia, Canada

About

Terra Balcanica is a polymetallic exploration company targeting large-scale mineral systems in the highly prolific Western Balkans. The Company has 90% interest in the 216 km2 Viogor-Zanik Project in eastern Bosnia and Herzegovina and 100% of the 50 km2 Kaludra and 80 km2 large Ceovishte mineral exploration licence in southern Serbia. The Company emphasizes responsible engagement with local communities and stakeholders. It is committed to proactively implementing Good International Industry Practice (GIIP) and sustainable health, safety and environmental management.

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M&A Insights

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Frequently asked

Who acquired Drina Resources doo Srebrenica?

Drina Resources doo Srebrenica was acquired by Terra Balcanica Resources Corp, based in Vancouver. The deal was reported on September 22, 2026. Terra Balcanica is a polymetallic exploration company targeting large-scale mineral systems in the highly prolific Western Balkans. Terra Balcanica Resources Corp is privately held and operates in Mining.

When did Terra Balcanica Resources Corp acquire Drina Resources doo Srebrenica?

Terra Balcanica Resources Corp's acquisition of Drina Resources doo Srebrenica was reported on September 22, 2026. Terra Balcanica Resources Corp. has successfully acquired the remaining 10% equity interest in the Viogor polymetallic exploration project located in Bosnia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Drina Resources doo Srebrenica do?

Drina Resources doo Srebrenica is a subsidiary involved in polymetallic exploration in Bosnia. The company holds interests in mineral exploration projects and collaborates with its parent company to develop valuable resources. It is privately held, operating in Mining, and is based in Republika Srpska.

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