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How Will Euro Manganese Overcome $12.8M Loss While Raising $11M?
8:20am on Thursday 14th of August, 2025 AEST
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How Will Euro Manganese Overcome $12.8M Loss While Raising $11M?
8:20am on Thursday 14th of August, 2025 AEST
Key Points
Net loss of $12.8 million for nine months ended June 30, 2025
Raised $11.1 million through private placement and share purchase plan in May 2025
Amended $20 million convertible loan facility with Orion, deferring interest payments and issuing warrants
Working capital surplus of $9.3 million but material uncertainty about going concern status
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