Highlights: Euro Manganese to purchase and extinguish an aggregate 1.2% royalty interest in the Chvaletice Manganese Project for US$4.5 million. Based on the 2019 PEA assumptions and results, which will be updated with the completion of the definitive feasibility study, eliminating the royalty would increase the Chvaletice Manganese Project's after-tax NPV10% by US$25.3 million. Similarly, based on the 2019 PEA [...]
Highlights: The Project's Final Environmental and Social Impact Assessment is on track for completion in the first quarter of 2022. Procurement of 97% of the Chvaletice Manganese Project's Demonstration Plant equipment has been completed. Operation of the Demonstration Plant is scheduled to begin in the first quarter of 2022. Work on the Project's definitive feasibility study is on track for completion in the first [...]
Marco Romero, President and CEO, Euro Manganese Inc., , shares his Company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit [...]
Euro Manganese Inc. is pleased to announce that, following the approval by its shareholders at a special meeting held on May 5, 2021, it has closed the second tranche of the private placement announced on March 22, 2021. The Tranche 2 Placement was comprised of 8,333,334 CHESS Depositary Interests ) at a price of AUD$0.60 per CDI for aggregate gross proceeds AUD$5 million . The Tranche 2 Placement consisted of [...]
Euro Manganese Inc. is pleased to announce that, at a Special Meeting of shareholders held on May 5, 2021, shareholders have approved each of the following resolutions: a) for the purpose of Listing Rule 7.4 of the Australian Stock Exchange , the ratification of the issuance of 41,666,666 CHESS Depositary Interests as part of the closing of the first tranche of a private placement of the Company announced on March 22 [...]
?Highlights Euro Manganese has closed the first tranche of its recent private placement for gross proceeds of AUD$25 million. The second tranche to close in early May 2021. The Company has received an initial investment from EIT InnoEnergy of €62,500, the first of three installments with an aggregate value of €250,000. The Company's eligibility timeline for approx. CAD$27 million in investment incentives in the form of [...]
AUD$30.0 million private placement oversubscribed, with strong institutional participation Proceeds of the Offering will be used to further advance Chvaletice Manganese Project, allowing completion of all site and technical work required for a final investment decision expected in 2022 Offering was anchored by a strategic investor and an ESG-focused fund, with strong support from several existing institutional [...]
Euro Manganese Inc. is pleased to announce that it has chosen to pursue a listing on the US-based OTCQX trading system in response to growing US investor interest in Euro Manganese and its Chvaletice Manganese Project . The listing is expected to allow US-based investors interested in gaining exposure to the electric vehicle battery raw materials sector to easily purchase Euro Manganese shares on the actively traded OTCQX [...]
Euro Manganese Inc. is pleased to announce that shareholders have voted in favor of all matters of business brought before them at the Company's Annual General & Special Meeting of shareholders held on February 24, 2021. Detailed results of the voting from the Meeting are set out below. In respect of election of the Company's directors, all five management nominees standing for re-election were elected as set out below [...]
EU-backed organization will assist Euro Manganese with strategic financing and offtake agreements Highlights: Euro Manganese and its wholly owned Czech Republic subsidiary, Mangan Chvaletice, have secured the support of EIT InnoEnergy, a Knowledge and Innovation Community supported by the European Institute of Innovation and Technology. EIT InnoEnergy will marshal its broad network and resources to accelerate the [...]
Project reaches important regulatory milestone with conclusion of initial screening procedure Highlights: The Czech Republic’s Ministry of the Environment has completed its initial screening procedure for the Chvaletice Manganese Project’s preliminary Environmental Impact Assessment . Euro Manganese can now move forward to the next stages of the permitting process. Public and regulatory feedback from the screening [...]
Euro Manganese Inc. is pleased to announce it has closed a non-brokered private placement of 444,445 common shares in the capital of the Company at a price of CAD $0.45 per Share. The subscription proceeds of CAD $200,000 will be used for general working capital purposes. Following the closing of the Placement, the Company will have 319,066,332 Shares issued and outstanding. In accordance with Canadian securities laws and [...]