Electric Metals Extends Skroska Due Diligence and Closing Date to
488-1090 West Georgia St. www.europeanelectricmetals.com
Vancouver B.C. Canada V6E3V7 info @europeanelectricmetals.com
Tel: 604-687-7130 TSX-V: EVX
March 1, 2019
NEWS RELEASE
Electric Metals Extends Skroska Due Diligence and Closing Date to July 31, 2019
European Electric Metals (EVX: TSXV, EVXXF:OTC) (“EVX”, “Company”) is pleased to announce that it
has extended the due diligence period for five months to July 31, 2019 with the signing of an amending
agreement with Gerold Shpk, the mining license holder and operator of the Skroska nickel laterite mine.
Prior to amending the agreement the Closing Date was set for February 25, 2019. The amendment requires
EVX to pay €6,500 per month for costs related to the maintenance of the mine. All other terms of the
agreement remain the same.
Moving of the Closing Date to July 31 for an additional five months will give EVX sufficient time to
conduct metallurgical tests to determine amenability of the Skroska cobalt-rich nickel laterite to High
Pressure Acid Leach (HPAL) process, a commercially proven process for recovery of cobalt and nickel from
nickel laterite.
EVX Chief Executive Officer and Director, Fred Tejada, states, “The extension of the due diligence period
for an additional five months is significant for EVX as it will allow us to determine amenability of Skroska
material to HPAL technology. This will allow EVX to explore two direct shipping routes for potential future
mining -to a ferronickel smelter or HPAL facilities.”
About European Electric Metals Inc.
European Electric Metals Inc. is a Canadian listed public mineral exploration and development Company,
with a focus on electrification themed projects in Europe. A major shareholder of EVX is the European Bank
for Reconstruction and Development. The goal of EVX is to become a major source of battery metals such as
copper, nickel and cobalt, and the Company seeks to do so within safe, stable and logistically attractive
European jurisdictions. The Company's projects are ideally located with excellent road, port and grid power
availability, and near European countries that are poised to experience dramatic growth in the electric-
vehicle-manufacturing industry. There is a strong battery-manufacturing industry within Europe with many
more projects in the pipeline.
On behalf of the Company,
Fred Tejada, Chief Executive Officer and Director
Forward-Looking Statements.
Forward-Looking Statements. This news release contains “forward-looking” statements and information
relating to the Company and Skroska are based on the beliefs of Company management, as well as
assumptions made by and information currently available to Company management. Such statements reflect
the current risks, uncertainties and assumptions related to certain factors including but not limited to, without
limitations, exploration and development risks, expenditure and financing requirements, general economic
conditions, changes in financial markets, the ability to properly and efficiently staff the Company’s
operations, the sufficiency of working capital and funding for continued operations, title matters, community
relations, operating hazards, political and economic factors, competitive factors, metal prices, relationships
with vendors, governmental regulations and oversight, permitting, seasonality and weather, technological
change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or
change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements
may vary materially from those described herein. The Company does not undertake to update forward-
looking statements or forward-looking information, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
488-1090 West Georgia St.
Vancouver BC, Canada V6E3V7
Tel: 604-687-7130
www.europeanelectricmetals.com