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Highlights
- Euro Manganese raises A$1.5 million through a successful Security Purchase Plan (SPP)
- 204 applications received, totaling approximately A$1.94 million, subject to scale-back
- Proceeds to support Chvaletice Project, customer negotiations, and strategic initiatives
Euro Manganese Inc. (TSXV: EMN, ASX: EMN) has successfully completed its Security Purchase Plan (SPP), raising the maximum targeted amount of A$1.5 million. This move follows the company’s previously announced upsized financing plan of up to A$12.3 million (C$11.2 million) and will directly fund the advancement of the Chvaletice Manganese Project in the Czech Republic.
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