Euro Manganese Inc.: EIT InnoEnergy to support Chvaletice Manganese Project
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 Chvaletice Manganese Project s successful integration into the European Union s battery supply chain.
The Chvaletice Manganese Project is the only sizeable manganese resource in the European Union, with the potential to provide up to 50% of projected 2025 European demand for high-purity manganese, and 28% of its anticipated 2030 requirements.
Euro Manganese Inc.: Chvaletice Manganese Project Moves to Next Stage of Permitting Process
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 (EIA).
Euro Manganese can now move forward to the next stages of the permitting process. Public and regulatory feedback from the screening procedure will be incorporated into the Final Environmental Impact Assessment, which is targeted for completion in December 2021.
A definitive feasibility study for the project is well underway and is also targeted for completion by the end of the year.
Procurement and fabrication of the Project s Demonstration Plant is on schedule, with delivery to the Chvaletice site expected in the summer of 2021.
Euro Manganese Inc.: Euro Manganese Announces Closing of Second Tranche of Private Placement
VANCOUVER, British Columbia, Dec. 16, 2020 (GLOBE NEWSWIRE) Euro Manganese Inc. (TSX-V / ASX: EMN) (the
Company or
EMN ) is pleased to announce that, following the approval by its shareholders at a special meeting held on December 10, 2020, it has closed the second tranche (the
Tranche 2 Placement ) of the private placement (the
Offering ) announced on October 21, 2020.
The Tranche 2 Placement was comprised of 1,216,862 common shares (
Shares ) and 26,883,138 CHESS Depositary Interests (
CDIs , with each CDI representing one Share) at a price of C$0.19 per Share and A$0.20 per CDI, respectively, for aggregate gross proceeds of C$5,339,000 (A$ 5,620,000). The Tranche 2 Placement consisted of (i) subscriptions for 1,022,230 Shares and 26,883,138 CDIs issued in excess of the number of securities permitted to be issued by the Company without obtaining prior shareholder appr
Euro Manganese Announces Closing of Second Tranche of Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, Dec. 16, 2020 (GLOBE NEWSWIRE) Euro Manganese Inc. (TSX-V / ASX: EMN) (the “
Company” or “
EMN”) is pleased to announce that, following the approval by its shareholders at a special meeting held on December 10, 2020, it has closed the second tranche (the “
Tranche 2 Placement”) of the private placement (the “
Offering”) announced on October 21, 2020.
The Tranche 2 Placement was comprised of 1,216,862 common shares (“
Shares”) and 26,883,138 CHESS Depositary Interests (“
CDIs”, with each CDI representing one Share) at a price of C$0.19 per Share and A$0.20 per CDI, respectively, for aggregate gross proceeds of C$5,339,000 (A$ 5,620,000). The Tranche 2 Placement consisted of (i) subscriptions for 1,022,230 Shares and 26,883,138 CDIs issued in excess of t