Verusa Holding founded Galata Altın İşletmeleri A.Ş.

In the meeting of our Company's Board of Directors held on 03.07.2020 the following decisions have been taken,

To establish a new company named "Galata Altın İşletmeleri A.Ş." with a capital of TL 10,000,000 , as a 100% subsidiary of Verusa Holding. 

To transfer the  mining licence in the Erbaa District of Tokat Province from  Standard Boksit İşletmeleri A.Ş. which has 23 mining licenses and is a 100% subsidiary of our company to Galata Altın İşletmeleri A.Ş.

And as a result of the preliminary examinations dated 26.06.2020 regarding the samples obtained in the said mine site, Galata Altın İşletmeleri A.Ş. will carry out and execute all activities in order to determine the gold reserve amount and whether the site is enough qualified to be processed and the gold mine has a tradable value following the further geophysical and geology studies.