Welcome to our dedicated page for EUMND news (Ticker: EUMND), a resource for investors and traders seeking the latest updates and insights on EUMND stock.
Euro Manganese Inc. (EUMND) generates news primarily around its role as a battery materials company focused on high-purity manganese for the electric vehicle industry. Company announcements center on the advancement of the Chvaletice Manganese Project in the Czech Republic, described as Europe’s only near-term source of high-purity manganese and the only sizable manganese resource in the European Union.
News coverage frequently highlights project development milestones, including progress at the Chvaletice Demonstration Plant, optimization work aimed at enhancing commercial plant efficiency, and steps toward producing high-purity electrolytic manganese metal (HPEMM) and high-purity manganese sulphate monohydrate (HPMSM). Updates also reference an early-stage opportunity to produce battery-grade manganese products in Bécancour, Québec.
Investors following Euro Manganese can expect regular updates on financing activities such as Security Purchase Plans, unit offerings involving shares, CHESS Depositary Interests and warrants, and arrangements with strategic partners. Company releases have detailed shareholder meeting results, stock option plan approvals, and warrant issuances tied to project funding and amendments to a Convertible Loan and Royalty Agreement with Orion Resource Partners.
Another key theme in Euro Manganese news is commercial and strategic partnerships. The company has reported a non-binding offtake term sheet with Integrals Power Limited for potential future supply of HPMSM from Chvaletice, subject to test work and product qualification. Such announcements provide insight into how Euro Manganese aims to integrate into the LMFP and broader battery materials supply chain.
This news page aggregates these disclosures so readers can track Euro Manganese’s project development, financing decisions, governance actions and partnership announcements in one place.
Euro Manganese (EUMND) announced amendments to its Convertible Loan and Royalty Agreement and a related Royalty Agreement with OMF(BK) LLC (Orion), originally dated May 20, 2025.
Key changes: Orion may, at its discretion, convert the outstanding loan and accrued interest into a royalty at any time; and the milestone extension date has been moved to June 30, 2026. The amendments are described as providing enhanced flexibility and continued cooperation, while other material terms disclosed on December 3, 2024 remain unchanged.
Euro Manganese (TSXV: EMN) has announced two key leadership appointments effective July 15, 2025. Sherry Roberge joins as Interim Chief Financial Officer, bringing over 15 years of resource sector experience as a Chartered Professional Accountant. Roberge's background includes CFO roles at NorthX Nickel Corp and Defiance Silver Corp, with expertise in corporate governance, financial reporting, and merger transactions.
Additionally, Martina Blahova, the company's President and CEO, has been appointed to the Board of Directors following her successful acquisition of a Director Identification Number from the Australian Business Registry Services.
Euro Manganese (EUMND) has successfully completed its Security Purchase Plan (SPP), raising A$1.5 million through the issue of 7,692,307 CDIs at A$0.195 per CDI. The SPP was oversubscribed, receiving approximately A$1.937 million in valid applications from over 200 eligible shareholders in Australia and New Zealand.
Each CDI comes with one free-attaching unlisted warrant, exercisable at CAD$0.225 and expiring on November 23, 2026. Due to oversubscription, applications were scaled back on a pro-rata basis, with a minimum allocation of A$2,000 per eligible shareholder maintained.
The funds will support the development of the Chvaletice Manganese Project in the Czech Republic, customer offtake negotiations, strategic investor pursuit, EU-level grant applications, and working capital requirements. Settlement of new securities is expected on May 23, 2025, with ASX quotation around May 26, 2025.