Euro Manganese Announces Closing Dates for Financing

Group 1 - Euro Manganese Inc. announced the expected closing of a C$11.2 million financing following shareholder approval at the Annual General and Special Meeting held on May 15, 2025 [1][2] - The financing consists of a private placement of common shares and CHESS Depositary Interests amounting to C$9.8 million and a Share Purchase Plan for eligible shareholders totaling A$1.5 million [1][2] - The closing of the financing and settlement of new securities is anticipated around May 26, 2025, with new CDIs expected to be quoted on ASX on or around May 27, 2025 [2] Group 2 - Euro Manganese is focused on producing high-purity manganese for the electric vehicle industry, with ongoing development of the Chvaletice Manganese Project in the Czech Republic [3][4] - The Chvaletice Project involves reprocessing old tailings from a decommissioned mine, representing a unique waste-to-value opportunity and the only sizable manganese resource in the European Union [4] - The company is strategically positioned to support battery supply chains with critical raw materials, contributing to a circular, low-carbon economy [4]