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European Metals Raises A$3.46m to Accelerate Europe’s Largest Lithium Project

10:02pm on Wednesday 21st of January, 2026 AEDT Mining
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European Metals Raises A$3.46m to Accelerate Europe’s Largest Lithium Project

10:02pm on Wednesday 21st of January, 2026 AEDT
Key Points
  • A$3.46 million placement at A$0.32 per share, a 13.5% discount
  • Funds earmarked for Cinovec Lithium Project development and working capital
  • Cinovec project confirmed economically viable with 28+ year life
  • Strategic partnerships with CEZ and EU/Czech government grants support progress
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