Public joint-stock company Seligdar (MISX : SELG) agreed to acquire a 51% stake in Shkolny resource property from Rusgeoresurs LLC on August 11, 2021. Financing for the project will be arranged on an equal basis in proportion to the companies' stakes in the venture. RusGeoResurs is the management company for several companies that hold licenses to explore for, assess and mine mineral resources. It is owned by Igor Snegurov.