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Euro Manganese Raises C$11.2M with EBRD and Eric Sprott Joining as Major Shareholders

1:12am on Monday 2nd of June, 2025 AEST Mining
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Euro Manganese Raises C$11.2M with EBRD and Eric Sprott Joining as Major Shareholders

1:12am on Monday 2nd of June, 2025 AEST
Key Points
  • Raised C$11.2 million through private placement and oversubscribed share purchase plan
  • European Bank for Reconstruction and Development (EBRD) and Eric Sprott become major shareholders
  • Funds earmarked for advancing Chvaletice Manganese Project development and securing offtake agreements
  • Issued stock options to directors, officers, employees, and consultants
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