Avala Resources Ltd. (TSX.V: AVZ)
is a Canadian-based company focused on the acquisition, exploration and development of mineral properties in the Republic of Serbia. With the recent acquisition of Dunav Resources Ltd., Avala holds a dominant land position in the Republic of Serbia including:
Avala's projects in Serbia are well located to access both major transportation corridors and the markets. The fiscal regime in Serbia is highly supportive of the extractive industries with a 15% corporate tax rate and a 5% NSR royalty.