Core Viewpoint - Euro Manganese Inc. has successfully closed a financing package totaling approximately C$11.3 million (A$12.3 million) to support the development of the Chvaletice Manganese Project following shareholder approval at the Annual General and Special Meeting [2][3][6] Financing Details - The financing package includes a private placement of common shares and CHESS Depositary Interests amounting to C$9.8 million (A$10.8 million) and a Share Purchase Plan raising A$1.5 million (C$1.4 million) [2][5][10] - The Placement involved the issuance of 54,578,350 New Securities, including 39,671,662 New Shares at C$0.18 each and 14,906,688 New CDIs at A$0.195 each [5][10] - The Share Purchase Plan consisted of 7,692,307 New CDIs at A$0.195 each, generating gross proceeds of A$1.5 million [10][11] Key Investors - Significant participation from the European Bank for Reconstruction and Development (EBRD) and Eric Sprott, with EBRD acquiring 21,400,000 units for C$3,852,000, increasing its ownership to 17.48% [18][19] - Eric Sprott acquired 16,666,666 units for C$3,000,000, representing approximately 11.7% of the outstanding shares on a non-diluted basis [21][22] Use of Proceeds - The net proceeds from the financing will be allocated to the ongoing development of the Chvaletice Manganese Project, including customer engagements, operation of the demonstration plant, and advancing permitting [3][6] Option Grant - The company granted stock options to directors, officers, employees, and consultants to purchase up to 7,020,000 common shares at an exercise price of CAD$0.19, with vesting schedules outlined [24][25] Company Overview - Euro Manganese is focused on producing high-purity manganese for the electric vehicle industry, advancing the Chvaletice Manganese Project in the Czech Republic, and exploring opportunities in Bécancour, Québec [27][28]

Core Viewpoint - Euro Manganese Inc. is consolidating its common shares at a ratio of five pre-consolidation shares to one post-consolidation share, effective March 31, 2025, with trading on a post-consolidation basis commencing on April 2, 2025, for TSXV and April 3, 2025, for ASX [1] Share Consolidation Details - The consolidation will not result in fractional shares; any fractional shares will be rounded up or down based on specific criteria [2] - Registered shareholders will receive letters of transmittal with instructions for exchanging share certificates [3] - Non-registered shareholders should consult their intermediaries for specific procedures regarding the consolidation [5] Pre- and Post-Consolidation Share Structure - Prior to consolidation, the company had 402,669,227 common shares outstanding, which will reduce to 80,533,845 shares post-consolidation [6] - The number of options will also be adjusted from 21,426,989 to 4,285,398, with exercise prices adjusted accordingly [9][8] Company Overview - Euro Manganese is focused on producing high-purity manganese for the electric vehicle industry, advancing the Chvaletice Manganese Project in the Czech Republic [10] - The Chvaletice Project involves recycling old mine tailings and is the only significant manganese resource in the European Union, positioning the company strategically in the battery supply chain [11]