Euro Manganese


Primary ticker: ASX:EMN, TSXV:EMN, OTCQX:EUMNF, Frankfurt:E06
Stage of development: Development
Primary minerals: High Purity Manganese
Project to promote: Chvaletice Manganese Project
Project location: Czech Republic

Euro Manganese Inc. is a battery materials company focused on becoming a leading, competitive, and environmentally superior producer of high-purity manganese for the electric vehicle (EV) industry and other high-technology applications. The Company is advancing development of the Chvaletice Manganese Project in the Czech Republic, which is a unique waste-to-value recycling and remediation opportunity involving reprocessing old tailings from a decommissioned mine. The Chvaletice Project is the only sizable resource of manganese in the European Union, strategically positioning the Company to provide battery supply chains with traceable critical raw materials to support the shift to a circular, low-carbon economy.

Cash: CAD$30
Debt: NIL

Major shareholders:
European Bank of Reconstruction & Development (EBRD) – 4.4%
Insiders – 15%

Management Profile

Martina Blahova – Chief Financial Officer

Martina Blahova, Chief Financial Officer, has 20 years of international experience in finance; including public practice with PricewaterhouseCoopers and Ernst & Young in the Czech Republic and UK. She held senior positions in the automotive and mining industries including: Corporate Controller at Euro Manganese Inc, Manager of Financial Reporting at SSR Mining Inc., and FP&A manager for KS Kolbenschmidt Inc., a Czech subsidiary of the Rheinmetall Group AG. She has consulted for Canadian public and private companies in senior finance roles and relating to transition to IFRS. Martina is a member of CPA Canada (CGA) and of ACCA (UK) and holds a Master’s Degree in International Business from the University of Economics in Prague, Czech Republic, and from the Université d’Orléans, France.

What is your rationale for taking part in 121 Mining Investment?

To broaden awareness of the Company, its asset and the high-purity manganese market amongst investors as we look to put in place project financing. Equally, looking for on market support.

What recent news would you like to highlight to investors attending?

Aug 15 – Q3 Results
Aug 2 – Results of Life Cycle Assessment
Jul 27 – Results of Feasibility Study for Chvaletice Manganese Project
Jul 19 – Euro Manganese joins Global Battery Alliance
Jun 27 – Appoints Stifel Nicholas Ltd as Project Finance Advisor

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Submit ESIA – Q4 2022
Offtake contracts – ongoing
Project Financing – ongoing

6 Months:
Submit land planning & construction permit – H1 2023
EPCM FEED engineering – H1 2023
Project Financing – ongoing

12 Months:
Permitting completed – H2 2023
Financing in place – H2 2023
EPCM detailed engineering – H2 2023
Final investmnt decision – H2 2023