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European Metals back drilling at Cinovec to build confidence ahead of debt finance

European Metals Holdings (LON:EMH) Keith Coughlan updates Proactive on developments at their Cinovec lithium project in the Czech Republic. The company has begun resource drilling at the Cinovec Lithium-Tin Project, with a total of 19 resource drill holes to be completed during the campaign totalling 5,550 metres. The company is aiming to provide a higher level of confidence for the banks to secure debt finance in 16 - 18 months time.

Quick facts: European Metals Holdings

Price: 42 GBX

AIM:EMH
Market: AIM
Market Cap: £68.01 m
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European Metals seeing 'quite some interest' in OTC listing in the US, plans...

European Metals Holdings Limited (LON:EMH) (ASX:EMH) (FRA:E861.F) (OTCMKTS:EMHLF) CEO Keith Coughlan tells Proactive the company is pursuing a US-based OTCQX listing and has already begun trading on the OTC Pink Market. Coughlan says the lithium-focused group, who believe they have a simliar...

2 weeks, 1 day ago

2 min read