Euro Manganese Announces Grant of Stock Options
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NR 2023-11
Euro Manganese Announces Grant of Stock Options
VANCOUVER, British Columbia ( May 16, 202 3) – Euro Manganese Inc. (TSX -V and ASX: EMN; OTCQX:
EUMNF; Frankfurt: E06) (the "Company" or "EMN") announces that the Company has granted stock
options ("Options") to its directors, officers, and employees to purchase up to an aggregate of 4,868,251
common shares ("Shares") of the Company. Of these, 1,708,696 Options have been granted to directors,
1,271,739 Options have been granted to officers, and 1,887,816 Options have been granted to employees.
The Options are exercisable for a term of ten years at an exercise price of CAD$0. 4775 per Share, being
the issuance price of the last equity capital fundraising in February 2022. The Options will vest one-third
on each of the first, second, and third anniversaries of the date of grant of May 15, 2023.
About Euro Manganese
Euro Manganese is a battery materials company focused on becoming a leading producer of high-purity
manganese for the electric vehicle industry. The Company is advancing development of the Chvaletice
Manganese Project in the Czech Republic and exploring an early -stage opportunity to produce battery -
grade manganese products in Bécancour, Québec.
The Chvaletice Project is a unique waste -to-value recycling and remediation opportunity involving
reprocessing old tailings from a decommissioned mine. It is also the only sizable resource of manganese
in the European Union, strategically positioning the Company to provide battery supply chains with critical
raw materials to support the global shift to a circular, low-carbon economy.
Euro Manganese is dual-listed on the TSXV and the ASX, and is also traded on the OTCQX.
Authorized for release by the CEO of Euro Manganese Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) or t he ASX accepts responsibility for the adequacy or accuracy of t his
release.
Inquiries
Dr. Matthew James
President & CEO
+44 (0)747 229 6688
Louise Burgess
Senior Director, Investor Relations & Communications
+1 (604) 312-7546
Company Address: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8
Website: www.mn25.ca