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 Euro Manganese Inc. (TSXV: EMN,OTC:EUMNF) (ASX: EMN) (FSE: E060) (the "Company", "Euro Manganese" or "EMN") announces changes to its Board of Directors (the "Board").
Mr. John Webster has tendered his resignation as Director of the Company, effective January 13, 2026. Mr. Webster has served on the Board for over ten years. During his tenure, Mr. Webster provided experienced oversight and guidance to the Board, supporting the Company through key phases of project advancement, financing activity, and strategic positioning. His contributions have played an important role in strengthening the Company's governance framework and long-term strategy.
Chairman, Mr Rick Anthon, commented:
"John has been a valued member of the Board, bringing deep experience, sound judgment, and a disciplined governance perspective during an important period for the Company. On behalf of the Board and management, I would like to sincerely thank John for his many years of dedicated service. His experience, insight and commitment have been invaluable as Euro Manganese navigated challenging times while continuing to advance the Chvaletice Project. We are grateful for his contributions and wish him every success in his future endeavours."
Authorised for release by the President and CEO of Euro Manganese Inc.
Enquiries
Martina Blahova
President and CEO
+1 (604) 681-0100
Jane Morgan Management
Jane Morgan
Investor and Media Relations - Australia
+61 (0) 405 555 618
jm@janemorganmanagement.com.au
LodeRock Advisors
Neil Weber
Investor and Media Relations - North America
+1 (647) 222-0574
neil.weber@loderockadvisors.com
About Euro Manganese
Euro Manganese Inc. (TSXV: EMN,OTC:EUMNF) (ASX: EMN) (FSE: E060) is a battery materials company developing the Chvaletice Manganese Project in the Czech Republic, Europe's only near-term source of high-purity manganese, a critical ingredient in next-generation electric vehicles, energy storage batteries and defence applications.
The Chvaletice Manganese Project aims to reprocess historic mine tailings to produce high-purity electrolytic manganese metal (HPEMM), and high-purity manganese sulphate monohydrate (HPMSM), establishing a fully traceable, low-carbon supply chain within the European Union.
With its Demonstration Plant having produced on-spec products and optimization work underway to enhance commercial plant efficiency, Euro Manganese is positioned to become Europe's first domestic producer of high-purity manganese, meeting the rising demand for sustainable, strategic battery materials while advancing Europe's clean-energy and supply-chain independence goals.
Euro Manganese is dual listed on the TSX-V and the ASX.
Website: www.mn25.ca
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Forward-Looking Statements
Certain statements in this news release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company, its Chvaletice Project, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company.
Forward looking statements include statements about ability of Company to reprocess historic mine tailings to produce high-purity electrolytic manganese metal (HPEMM), and high-purity manganese sulphate monohydrate (HPMSM), establishing a fully traceable, low-carbon supply chain within the European Union and statements regarding the Company meeting the rising demand for sustainable, strategic battery materials while advancing Europe's clean-energy and supply-chain independence goals. All forward-looking statements are made based on the Company's current beliefs including various assumptions made by the Company including that the Chvaletice Project will be developed and operate in accordance with current plans, that the Company will be able to raise the financing that it requires, and that it will meet conditions of its secured credit facility.
Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to maintaining necessary licenses or permits; risks related to acquisition of surface rights; risks related to grating security and conditions of the Company's debt financing; securing sufficient offtake agreements; the availability of acceptable financing; the potential for unknown or unexpected events to cause contractual conditions to not be satisfied; developments in EV (Electric Vehicles) battery markets and chemistries; and risks related to fluctuations in currency exchange rates, changes in laws or regulations; and regulation by various governmental agencies. For a further discussion of risks relevant to the Company, see "Risk Factors" in the Company's annual information form for the year ended September 30, 2025, available on the Company's SEDAR+ profile at www.sedarplus.ca.
Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280206
