Pasinex Resources has fully acquired the Sarıkaya Project in Turkey.

Pasinex Resources Expands Mining Operations in Turkey

Canada-based Pasinex Resources has taken a significant step to strengthen its mining operations in Turkey by acquiring 100% of the Sarıkaya copper-zinc project. The company has purchased all shares of Aydın Teknik through its subsidiary Pasinex Arama ve Madencilik A.Ş., thus becoming the 100% owner of the Sarıkaya site.

Second Strategic Resource Acquired

With this strategic acquisition, Pasinex has added to its portfolio another important mining resource in Turkey, in addition to the Pinargözü zinc mine, which is considered one of its existing production facilities. This development plays a crucial role in further diversifying and strengthening the company's mining activities in Turkey.

Changes in Corporate Structure and New Reporting Period

Pasinex Resources has also made significant changes to its corporate organizational structure by setting its fiscal year-end to March 31 instead of December 31. This change has created a special reporting period spanning January 1, 2025 – March 31, 2026.

Investment Call and Stock Options

Additionally, there has been an investment commitment of more than 1.2 million dollars in a special investment call amounting to 2.15 million Canadian dollars. It is stated that the funds raised will be used for the development of the Sarıkaya project and to cover corporate expenses. Furthermore, 2.5 million stock options have been granted to executives and key employees. These steps demonstrate the company's determination to grow and enhance investor confidence.

Vision in the Mining Sector

Pasinex Resources has a comprehensive range of activities in the exploration, operation, and development of essential metals such as copper, zinc, lead, and silver, along with precious metals. The company, which successfully operates the Pinargözü zinc mine in Turkey, continues to expand its operations nationwide by adding the Sarıkaya project to its portfolio.