Avellana Gold and V. N. Karazin Kharkiv National University have signed a Memorandum of Cooperation, marking a new stage in their collaboration and establishing a long-term partnership focused on advancing modern geological education, applied research, and the professional development of future industry specialists.

For Avellana Gold, investing in education is an integral part of the Company's commitment to sustainable development. By partnering with one of Ukraine's leading universities, the Company aims to strengthen the connection between academia and industry, enabling students to complement strong academic knowledge with practical experience aligned with international standards and best practices in the mining sector.

Under the Memorandum, the parties will implement a range of joint educational, scientific, and professional initiatives. Students will have opportunities to undertake internships and practical training at Avellana Gold's operations, participate in technical site visits, field training programmes, and research projects under the guidance of the Company's specialists. Avellana Gold experts are also expected to contribute to the educational process through guest lectures and practical workshops.

The partnership will also promote collaborative research and innovation. Avellana Gold and the University intend to develop joint research projects, organise professional discussions and knowledge-sharing events, and collaborate on scientific publications.

The collaboration will create new opportunities for students' professional growth through case competitions, geological field schools, hackathons, scientific research contests, simulation-based training, and career days. These initiatives will help students gain practical skills, deepen their understanding of real-world mining operations, and prepare for successful careers in the industry.

The signing of the Memorandum reflects Avellana Gold's long-term commitment to investing in human capital and supporting the development of a strong professional community in Ukraine. The Company believes that close cooperation between business, academia, and science is essential for advancing the mining industry, fostering innovation, and preparing highly qualified professionals who will help shape its future.