European Metals Holdings Ltd (AIM:EMH, ASX:EMH, OTCQX:EMHLF) reiterated that the Cinovec lithium project Definitive Feasibility Study is on track for completion in the final quarter of this year.
In its latest September quarterly cashflow statement, EMH added that it was "delighted" to get €6 million of backing from the European Development Bank (EBRD).
Cash and equivalents were A$4.5m at the end of September with a further A$940,00 received subsequently from options exercised.