Euro Manganese’s Chvaletice Undertaking Declared Strategic Deposit by Czech Authorities

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VANCOUVER, British Columbia, March 19, 2025 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQB: EUMNF; Frankfurt: E06) (the “Firm”) right now introduced that the manganese deposit at its Chvaletice Manganese Undertaking (the “Chvaletice Undertaking” or the “Undertaking”) has been declared a strategic deposit (“Strategic Deposit”) by the Czech authorities.

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Highlights

• Chvaletice Manganese deposit designated a Strategic Deposit by the Czech authorities below the Czech Mining Act amendments
• Acknowledges the significance of manganese as each a strategic and important uncooked materials for the Czech Republic
• Designation expedites and enhances predictability of allowing course of
• Acquiring this standing is the essential prerequisite for receiving a state funding incentive within the type of a grant

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Strategic Deposit Designation

The designation of the Chvaletice deposit as a Strategic Deposit by the Czech authorities marks a serious step ahead for the Undertaking, additional streamlining the allowing course of and facilitating well timed actions to advance growth.

Strategic Deposit standing helps speed up allowing within the following methods:

1. Expedited approval processes: Strategically vital deposits may have precedence in acquiring permits and official approvals, decreasing the time required for undertaking preparation and mining initiation.
2. Decreased administrative burden: The designation will streamline coordination between numerous authorities, eliminating bureaucratic obstacles and minimizing evaluation duplication.
3. Use of particular procedures: Strategically vital deposits might qualify for particular legislative procedures just like these for key infrastructure initiatives, doubtlessly decreasing the power of sure establishments or civil organizations to hinder or block progress. This standing enhances the predictability and pace of allowing processes, facilitating the well timed extraction of uncooked supplies vital for vitality safety, vitality transition and industrial wants.

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In March 2024, Euro Manganese obtained approval of the Environmental and Social Influence Evaluation (“ESIA”) for the Chvaletice Undertaking from the Czech Ministry of Surroundings, and in January 2025, the Firm secured the Willpower of Mining Lease allow, which characterize two of essentially the most vital approvals within the course of in the direction of full allowing.

Martina Blahova, Interim CEO of Euro Manganese, commented:

“Being categorised as a Strategic Deposit by the Czech authorities is a major milestone for Euro Manganese, and we respect the help and recognition of the significance of the Chvaletice Manganese Undertaking. This designation represents a major catalyst for our growth timeline and displays the vital position our undertaking performs in establishing native, sustainable uncooked materials provide chains. This validates our crew’s onerous work and dedication, and strengthens our place as we proceed to advance Undertaking growth.”

About Euro Manganese

Euro Manganese is a battery supplies firm centered on turning into a number one producer of high-purity manganese for the electrical car business. The Firm is advancing growth of the Chvaletice Manganese Undertaking within the Czech Republic and exploring an early-stage alternative to provide battery-grade manganese merchandise in Bécancour, Québec.

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The Chvaletice Undertaking is a singular waste-to-value recycling and remediation alternative involving reprocessing previous tailings from a decommissioned mine. It is usually the one sizable useful resource of manganese within the European Union, strategically positioning the Firm to offer battery provide chains with vital uncooked supplies to help the worldwide shift to a round, low-carbon economic system.

Euro Manganese is twin listed on the TSXV and the ASX and can be traded on the OTCQB.

www.mn25.ca

Approved for launch by the Interim CEO of Euro Manganese Inc.

Neither TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) or the ASX accepts accountability for the adequacy or accuracy of this launch.

Enquiries

Martina Blahova
Interim Chief Govt Officer
+1 (604) 681-1010
martina@mn25.ca

LodeRock Advisors
Neil Weber
Investor and Media Relations – North America
+1 (647) 222-0574
neil.weber@loderockadvisors.com

Firm Handle: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8

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Web site:
www.mn25.ca

Ahead-Wanting Statements

Sure statements on this information launch represent “forward-looking statements” or “forward-looking info” throughout the that means of relevant securities legal guidelines. Such statements and data contain recognized and unknown dangers, uncertainties and different elements which will trigger the precise outcomes, efficiency, or achievements of the Firm, its Undertaking, or business outcomes, to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements or info. Such statements might be recognized by means of phrases resembling “might”, “would”, “may”, “will”, “intend”, “anticipate”, “consider”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and different comparable terminology, or state that sure actions, occasions or outcomes “might”, “may”, “would”, “would possibly” or “will” be taken, happen or be achieved.

Such forward-looking info or statements embody, however are usually not restricted to, statements relating to the Firm’s intentions relating to the event and development of the Undertaking , means of the Firm to proceed with the Undertaking’s subsequent phases, obtain full Undertaking allowing, obtain any advantages associated to the Undertaking being designated a Strategic Deposit, together with expedited approval course of, diminished administrative burden, use of particular procedures to reinforce predictability and pace, and the Firm being eligible to obtain Czech state funding incentives or grants. Ahead wanting statements additionally embody the power of the Firm to assemble its facility for producing high-purity manganese and finance the event of the Undertaking.

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Readers are cautioned to not place undue reliance on forward-looking info or statements. Ahead-looking statements are topic to quite a few dangers and uncertainties which will trigger the precise outcomes of the Firm to vary materially from these mentioned within the forward-looking statements and, even when such precise outcomes are realized or considerably realized, there might be no assurance that they may have the anticipated penalties to, or results on, the Firm.

All forward-looking statements are made based mostly on the Firm’s present beliefs together with numerous assumptions made by the Firm and data presently obtainable to the Firm. Components that might trigger precise outcomes or occasions to vary materially from present expectations embody, amongst different issues: dangers and uncertainties associated to the power to acquire, amend, or keep vital licenses, or permits; dangers associated to acquisition of floor rights; dangers associated to granting safety; securing enough offtake agreements; the supply of acceptable financing for growing and advancing the Chvaletice Undertaking and for continued operations; the supply and reliability of apparatus, services, and suppliers vital to finish growth; the power to develop enough processing capability with anticipated manufacturing charges; the potential for unknown or sudden occasions to trigger contractual situations to not be glad; developments in EV (Electrical Automobiles) battery markets and chemistries; and dangers associated to fluctuations in forex trade charges, adjustments in legal guidelines or laws; and regulation by numerous governmental businesses. For an additional dialogue of dangers related to the Firm, see “Threat Components” within the Firm’s annual info type for the 12 months ended September 30, 2024, obtainable on the Firm’s SEDAR+ profile at www.sedarplus.ca.

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Though the forward-looking statements contained on this information launch are based mostly upon what administration of the Firm believes are cheap assumptions, the Firm can’t guarantee buyers that precise outcomes will probably be per these forward-looking statements. These forward-looking statements are made as of the date of this information launch and are expressly certified of their entirety by this cautionary assertion. Topic to relevant securities legal guidelines, the Firm doesn’t assume any obligation to replace or revise the forward-looking statements contained herein to replicate occasions or circumstances occurring after the date of this information launch.

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