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How European Metals Secured A$3m and Non-Dilutive Funding to Advance Cinovec DFS
7:01am on Tuesday 19th of August, 2025 AEST
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How European Metals Secured A$3m and Non-Dilutive Funding to Advance Cinovec DFS
7:01am on Tuesday 19th of August, 2025 AEST
Key Points
€11 million cash call issued by Geomet to fund Cinovec DFS completion
EMH’s share of cash call is €5.39 million (~A$9.67 million) due October 2025
A$3 million placement completed to partly fund cash call and working capital
Non-dilutive refinancing of CZK 121 million Dukla loan and/or land sale planned
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