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AIM:EMHASX:EMHOTC:EMHLF
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European Metals shareholders prepare to vote on Czech deal

The Czech state power utility CEZ has agreed to stump up £25.6mln for a 51% stake in the Cinovec battery-grade lithium project

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European Metals Holdings Limited (LON:EUZ) has sent out a notice ahead of its shareholder meeting to approve a £25.6mln investment in the company’s Cinovec battery-grade lithium project.

The Czech state power utility CEZ has agreed to plough in the cash. The formal notice being circulated to investors outlines the full details of the funding obligations and right of CEZ to withdraw from the project on reaching one of two “specified milestones”.

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AIM:EMH

Price: 82.5 GBX

Market Cap: £144.67 m

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European Metals Holdings' set to prove Cinovec project has 'very good...

European Metals Holdings Limited's (LON:EMH) Keith Coughlan talks to Proactive London's Katie Pilbeam about commissioning an independent assessor to verify its lithium operation at Cinovec in the Czech Republic. Consultancy Minviro will provide an ISO-compliant life cycle assessment (LCA) for...

on 10/6/21

2 min read