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The Chvaletic project of Euro Mangan declared a strategic deposit by the Czech Government | 19.03.25

The Chvaletic project of Euro Mangan declared a strategic deposit by the Czech Government | 19.03.25

Vancouver, British Colombia, March 19, 2025 (Globe Newswire) -euro Manganese inc. (TSX-V and ASX: EMN; OTCQB: EUMNF; Frankfurt: E06) (“Company”) today announced that the manganese warehouse at “its project” was a warehouse from the “Strategic Project” or “The Strategic Project”) Deposit “) by the Czech government.

Highlights

  • The Chvaletic Manganese warehouse appointed a strategic deposit by the Czech government in accordance with the amendments of the Czech mining law
  • Recognizes the importance of manganese both as a strategic and critical raw material for the Czech Republic
  • Name accelerates and improves the predictability of the authorization process
  • Getting this status is a prerequisite for receiving a state investment incentive in the form of a subsidy

Designation of strategic deposits

Designation of the Chvaletic deposit as a strategic warehouse by the Czech government marks a major step for the project, further efficiency of the authorization process and facilitating timely actions to advance development.

Strategic storage status helps to accelerate permission in the following ways:

  1. Accelerated approval processes: Strategically significant deposits will have priority in obtaining official permits and approvals, reducing the time required to prepare the project and initiate the mining.
  2. Reduced administrative task: The designation will make the coordination between various authorities more efficient, eliminating the bureaucratic obstacles and minimizing the evaluation duplication.
  3. Use of special procedures: Significant strategic deposits can be qualified for special legislative procedures similar to those for key infrastructure projects, potentially reducing the ability of certain civil institutions or organizations to prevent or block progress. This status improves the predictability and speed of authorization of processes, facilitating the extraction of critical raw materials, energy transition and industrial needs.

In March 2024, Euro Mangan received the approval of the impact assessment on the environment and social (“Esia”) for the Chvaletic project at the Ministry of the Czech, and in January 2025, the company ensured the determination of the mining rental permit, which represents two of the most significant approvals in the full authorization process.

Martina Blahova, interim CEO of Euro Mangan, commented:

“To be classified as a strategic warehouse by the Czech government is a significant stage for Euro Mangan and we appreciate the support and recognition of the importance of the Chvaletic manganese project.

About Euro Mangan

Euro Mangan is a battery company focused on becoming a high -purity manganese leader for the electric vehicle industry. The company advances the development of the Chvaletic manganese project in the Czech Republic and explores an opportunity in the early stage of producing battery quality products in Bécancour, Québec.

The Chvaletic project is a unique opportunity to recycle and remedy the value of value that involves reprocessing the old sterile from a decommissioned mine. It is also the only considerable resource of the Manganese in the European Union, which strategically positioned the company to provide the supply chains with critical raw materials to support the global passage to a low carbon economy.

Euro Mangan is dual listed on TSXV and ASX and is also traded on OTCQB.

www.mn25.ca

Authorized for release by the interim CEO of Euro Manganese Inc.

Neither TSX Venture Exchange, nor the regulatory service provider (because this term is defined in TSX Venture Exchange) or ASX policies accept the responsibility for the adequacy or accuracy of this version.

question

Martina Blahova
Interim executive director
+1 (604) 681-1010
[email protected]

Loderock counselors
Neil Weber
Relations for investors and media – North America
+1 (647) 222-0574
[email protected]

Company Address: #709 -700 West Pender St., Vancouver, British Colombia, Canada, V6C 1G8

Site:
www.mn25.ca

Prospective statements

Certain statements in this statement constitute “prospective statements” or “prospective information” within the meaning of the applicable securities. Such statements and information involves risks, uncertainties and other known and unknown factors that can determine the results, performance or real achievements of the company, the project or the results of its industry, to be significantly different from the future results, the performance or achievements expressed or involved by such statements or prospective information. Such statements can be identified by the use of Words sush as “May”, “would”, “Could”, “Will”, “intend”, “Expect”, “Believe”, “Plan”, “Estimated”, “Scheduled”, “Forecast Events or Results “May”, “Could”, “Would”, “Might” or “Will” Be Taken, Occur or Be Achieded.

Such Forward-Looking Information or Statements includes, but not not limited to, states regarding the company’s regarding the deveropment and Advancement of the Project, Ability of the Company to Proceed With the Project’s Next Phases, Achieve Full Project, Receive Any Benefits Recond To the Project Being Designate strategic deposit, including expert approval process, reduced administrative burden, use of special procedures to enhance predictability and special, and the company being eligible czech state incentives or subsidies. Advance statements also include the company’s ability to build its facility for high purity manganese production and to finance project development.

Readers are warned not to put an unjustified addiction to pros or prospective statements. Prospective statements are subject to a number of risks and uncertainties that can determine the real results of the company differ significantly from those discussed in prospective statements and, even if such real results are carried out or substantially achieved, there can be no assurance that they will have the expected consequences or effects on the company.

All prospective statements are made on the basis of the company’s current beliefs, including various hypotheses made by the company and currently available for the company. Factors that could determine real results or events to differ significantly from current expectations include, among others: risks and uncertainties related to the ability to obtain, modify or maintain the necessary licenses or permits; risks related to the acquisition of surface rights; risks related to granting security; ensuring sufficient compensation agreements; the availability of acceptable financing for the development and advancement of the Chvaletic project and for the continuous operations; the availability and reliability of the equipment, installations and suppliers needed to complete the development; the ability to develop adequate processing capacity with expected production rates; the potential for unknown or unexpected events to cause contractual conditions not to be met; Developments in EV (electric vehicles) battery and chemical markets; and risks related to the fluctuations fluctuations, changes in laws or regulations; and regulation by various government agencies. For an additional discussion of the risks relevant to the company, consult the “risk factors” in the company’s annual information form for the year ended on September 30, 2024, available on the Sedan+ profile at www.sedatplus.ca.

Although the prospective statements contained in this statement are based on what the management of the company considers that there are reasonable assumptions, the company cannot assure investors that the real results will be in accordance with these prospective statements. These prospective statements are made from the date of this news press release and are expressly qualified entirely by this caution declaration. Subject to the laws regarding the applicable securities, the company assumes no obligation to update or revise the prospective statements contained here to reflect the events or circumstances that take place after this statement.