With a first project approaching production start, we are close to realizing our aim - to discover and exploit the rich bedrock gold deposits of Lena Goldfieds in Russia
The Board of Directors of Kopy Goldfields AB (publ) decided on October 9, 2018, with authorization from the AGM on May 29, 2018, to issue new shares with preferential rights for shareholders in Kopy Goldfields of approximately MSEK 25.2 before transaction costs. The funds will mainly be used to finance the sales activities of the Krasny project and the 2018 exploration program on Krasny.
Kopy Goldfields is a Swedish gold exploration company operating in the Irkutsk and Amur regions of Russia, which are two of the most gold rich areas in the world. The Company currently holds 14 licenses, grouped into three projects, which entitles to exploration and production of gold.
Kopy Goldfield’s strategy is to create value by identifying and acquiring high potential gold projects, prospect and explore them until they reach the stage of being ready to be sold for cash or further developed in cooperation with a partner.