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European Metals' Keith Coughlan talks $7 million fundraise and resource drilling progress

European Metals' Keith Coughlan talks $7 million fundraise and resource drilling progress

European Metals Holdings Ltd's (LON:EMH)(ASX:EMH) Keith Coughlan caught up with Proactive's Andrew Scott following the news it's raised A$7.1 million. He says Luxembourg green energy fund, Thematica Future Mobility, participated in the raise with a A$5 million contribution. Coughlan adds that the funds will assist in further development of the Cinovec project and to introduce strategic institutional investors as they progress towards making a final investment decision and full funding.

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