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European Metals' Keith Coughlan discusses significant potential partnership with CEZ

European Metals Holdings Ltd's (LON:EMH) managing director Keith Coughlan caught up with Proactive London's Andrew Scott following the news they've secured a €2mln convertible loan from CEZ Group - one of Central and Eastern Europe's largest power utilities.

Coughlan says the successful outcome of the due diligence process could see CEZ become European Metals' largest shareholder and co-development partner for the Cinovec lithium-tin project through conversion of the convertible note and subsequent additional investment.

Quick facts: European Metals Holdings

Price: 11.25 GBX

AIM:EMH
Market: AIM
Market Cap: £17.07 m
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European Metals reaches final agreement with CEZ for Cinovec investment

European Metals Holdings Limited's (LON:EMH) Keith Coughlan caught up with Proactive London's Andrew Scott following the news they've reached a final agreement for Czech state power utility CEZ to take a 51% stake in the Cinovec lithium project. The amended terms will see CEZ pay €29.1mln for...

1 day, 5 hours ago

2 min read