en.Wedoany.com Reported - Euromax Resources Ltd. (TSXV: EOX) announced that it has received a ruling from the Higher Administrative Court of the Republic of North Macedonia, supporting the company's lawsuit against the government's 2023 revocation of the approval for the merger of its two mining concessions. The ruling overturns the previous revocation decision and restores its validity, meaning that the government's previously approved merger decision for the Ilovica 6 and Ilovica 11 concessions (the "Merger Approval") has been fully reinstated.

CEO Tim Morgan-Wynne stated that the company welcomes the Higher Administrative Court's restoration of this merger approval and looks forward to finalizing new agreements with relevant state institutions to begin contributing to the local and national economy.

Euromax Resources Ltd. focuses on the construction and operation of the Ilovica-Shtuka gold-copper project in North Macedonia, which is a major development project for the company.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com