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Euro Manganese Commences Demonstration Plant Commissioning

Mine Development & Operations Metallurgy & Processing

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NR 2022-22

Euro Manganese Commences Demonstration Plant Commissioning

VANCOUVER, British Columbia (November 10, 2022) – Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX:

EUMNF; Frankfurt: E06) (the " Company" or " EMN") is pleased to announce the commencement of

commissioning of the Demonstration Plant at the Chvaletice Project site.

Highlights

• Strong demand for Demonstration Plant and Pilot Plant samples from the Chvaletice Project by

12 companies, including automotive OEMs, EV battery and cathode manufacturers, and speciality

alloy manufacturers.

• Demonstration Plant installation substantially complete and commissioning underway.

• Samples from second Pilot Plant run ready for shipping.

Demonstration Plant Update

After arrival at site in early September, the Demonstration Plant modules were unpacked and placed in

position within two fully refurbished buildings. Inspection and i nstallation, including wiring and power

connections, piping, and utilities connection is now substantially complete. An emission scrubbing unit,

manufactured in Europe, has also been installed.

View a video of the Demonstration Plant modules being installed here.

Commissioning of the Demonstration Plant will occur on a module-by-module basis, including cold, hot

and performance testing. The first module commenced commissioning this week. Photos of each of the

nine core process modules are shown below.

Six companies from across the EV battery value chain and the speciality alloy industry have requested

Demonstration Plant samples as they invest in the qualification process of Euro Manganese’s high-purity

manganese products . On-spec products of high-purity electrolytic manganese metal (“HPEMM”) and

high-purity manganese sulphate monohydrate (“HPMSM”) are expected in the first quarter, 2023. Euro

Manganese will then commence deliveries of Demonstration Plant samples to customers.

A further six companies, including European and North American automotive OEM s, battery

manufacturers, and cathode manufacturers, who are currently testing Pilot Plant samples, are expected

to request Demonstration Plant samples as part of their strategy to move to local supply chains with full

traceability and the highest sustainability standards.

We are in advanced discussions on off -take arrangements, which are not conditional on these sample

qualification tests being completed.

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Pilot Plant Update

Due to strong demand for samples of the Company’s high-purity manganese products, Euro Manganese

has completed a second run from its small-scale Pilot Plant in China. Samples are now ready for shipping.

Dr. Matthew James, President & CEO of Euro Manganese, commented:

“With the arrival of the Demonstration Plant at site, the team at Chvaletice has worked hard to install the

modules and connect them to utilities. This week is a major milestone with commissioning of the first

module. We eagerly look forward to delivering samples from the Demonstration Plant to customers so

they may continue their supply chain qualification of Chvaletice’s high purity manganese products.”

About Euro Manganese Inc.

Euro Manganese Inc. is a battery materials company focused on becoming a leading, competitive, and

environmentally superior producer of h igh-purity manganese for the electric vehicle (EV) industry and

other high-technology applications. The Company is advancing development of the Chvaletice Manganese

Project in the Czech Republic, which is a unique waste -to-value recycling and remediation o pportunity

involving reprocessing old tailings from a decommissioned mine. The Chvaletice Project is 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.

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

[email protected]

Company Address: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8

Website: www.mn25.ca

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Appendix: Demonstration Plant Photos in Process Flow Order

Photo 1. Ore to Slurry Preparation Module

Photo 2. Magnetic Separation Module

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Photo 3. Post Magnetic Separation: Concentrate and Tailings Tanks and Filter Presses

Photo 4. Leaching and Purification Module

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Photo 5. Two Stage Purification Module

Photo 6. Electrowinning Module (a purification step in its own right)

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Photo 7. HPEMM Dissolution, Deep Final Purification Module

Photo 8. HPMSM Crystallisation Module

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Photo 9. HPMSM Drying Ovens

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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 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 ide ntified 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.

Such forward-looking information or statements include, but are not limited to, statements regarding the:

Company’s plans regarding the commissioning of the Demonstration Plant, the timeframe for delivery of

samples to interested parties, expected requests for Demonstration Plant samples, and the desirability

and demand for the Company’s products.

Readers are cautioned not to place undue reliance on forward -looking information or st atements.

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 realiz ed or substantially realized, there can be no assurance that they will

have the expected consequences to, or effects on, the Company.

Factors that could cause actual results or events to differ materially from current expectations include,

among other things: the ability to develop adequate processing capacity; the potential for unknown or

unexpected events to cause contractual conditions to not be satisfied; risks related to global epidemics or

pandemics and other health crises, including the impact of the novel coronavirus (COVID-19); availability

and productivity of skilled labour; risks and uncertainties related to interruptions in production;

unforeseen technological and engineering problems; and developments in EV battery markets and

chemistries. 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, 2021, available on the Company's SEDAR

profile at www.sedar.com.

All forward -looking statements are made based on the Company's current beliefs as well as various

assumptions made by the Company and information currently available to the Company. Generally, these

assumptions include, among others: the presence of and continuity of manganese at the Project at

estimated grades; the ability of the Company to obtain all necessary land access rights; the availability of

personnel, machinery, and equipment; manganese sales prices and exchange rates assumed; growth in

the manganese market; and success in realizing proposed operations.

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 o f 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.