The company said on Monday it purchased the 20-year production licence from Ukrgeoinvest for a total consideration of $2.6 million in cash.
The Stoliarovska licence lies about 25 kilometres east-southeast of Romny in the Sum’ska Oblast, 225 kilometres to the east of Ukraine’s capital, Kiev. The block is about 40 kilometres east-southeast of Hawkley’s Chernetska licence and 60 kilometres north of its Sorochynska licence.
The
