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European Metals' Keith Coughlan discusses significant potential partnership with CEZ

European Metals Holdings Ltd's (LON:EMH) managing director Keith Coughlan caught up with Proactive London's Andrew Scott following the news they've secured a €2mln convertible loan from CEZ Group - one of Central and Eastern Europe's largest power utilities.

Coughlan says the successful outcome of the due diligence process could see CEZ become European Metals' largest shareholder and co-development partner for the Cinovec lithium-tin project through conversion of the convertible note and subsequent additional investment.

Quick facts: European Metals Holdings

Price: 12.9 GBX

AIM:EMH
Market: AIM
Market Cap: £19.83 m
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European Metals' Keith Coughlan hails completion of €29.1mln CEZ investment

European Metals Holdings Ltd's (LON:EMH) (ASX:EMH) Keith Coughlan speaks to Proactive's Andrew Scott after announcing its Czech subsidiary Geomet has now received €29.1mln following completion of its deal with power company, CEZ. CEZ now has a 51% equity interest in Geomet, which is the...

on 28/4/20

2 min read