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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 Points - Euro Manganese Inc. announced that shareholders voted in favor of all matters at the Annual General & Special Meeting held on May 15, 2025 [1] - The company will have a change in Chief Financial Officer effective at the end of May 2025 [2][17] - The company is focused on becoming a leading producer of high-purity manganese for the electric vehicle industry [18] Voting Results - All five management nominees for director positions were elected with significant support, with Ludivine Wouters receiving 95.49% of votes in favor [2][10] - PricewaterhouseCoopers LLP was appointed as auditors with 89.10% of votes in favor [2][10] - The re-approval of the Company's Stock Option Plan received 91.23% of votes in favor [2][10] Issuance of Securities - The issuance of 21,400,000 Units to the European Bank for Reconstruction and Development (EBRD) was approved [4] - The issuance of 4,904,478 broker warrants to Canaccord Genuity and Foster Stockbroking was approved with 87.03% of votes in favor [7][14] - The issuance of 22,263,733 Orion Warrants to OMRF (BK) LLC was approved with 93.97% of votes in favor [7][14] Company Overview - Euro Manganese is advancing the Chvaletice Manganese Project in the Czech Republic, which involves reprocessing old tailings from a decommissioned mine [18][19] - The project is positioned to provide critical raw materials for battery supply chains in the European Union [19]