Samax Romania For those wondering here is some info:
The company first started extensive exploration in the Stanija area after Romania's modern mining law became effective, in 1998. Initially, works were carried out between 2000 and 2004 through European Goldfields, and then in 2007 through its subsidiary, SAMAX Romania.
Formerly known as Carpathian Gold, Euro Sun Mining changed its brand identity in September 2016.
A subsidiary is a company with voting stock that is more than 50% controlled by another company, usually referred to as the parent company or the holding company. A subsidiary is partly or completely owned by the parent company, which holds a controlling interest in thesubsidiary company.