Euro Manganese announces appointment of director and board update

Euro Manganese announces appointment of director and board update

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Board strengthened to support the next phase of project development

Euro Manganese Inc. (TSXV: EMN,OTC:EUMNF) (ASX: EMN) (FSE: E060) (the “Company”, “Euro Manganese” or “EMN”) is pleased to provide an update on its Board of Directors as the Company continues to advance the Chvaletice Manganese Project into the next phase of development.

Highlights

  • The appointment of James Connolly adds deep technical, project development and execution expertise to the Board of Directors
  • Strengthens the capabilities of the Board of Directors as Euro Manganese advances the Chvaletice Manganese Project towards development and commercialization
  • Extensive experience in critical minerals, large-scale project studies, capital allocation and operational readiness

The Board of Directors is pleased to announce the proposed appointment of Mr. James Connolly as Non-Executive Director of Euro Manganese, whose extensive experience will provide valuable insight and guidance to the company as it moves towards manufacturing. Mr Connolly will be appointed subject to obtaining an Australian Director Identification Number (“DIN”).

Chairman, Mr. Rick Anthon, noted:

“The appointment of James Connolly reflects a deliberate strengthening of the board as Euro Manganese enters its next phase of development. James brings technical and project implementation experience directly relevant to the progress of the Chvaletice project.

We are also pleased to benefit from Dr.’s deep technical expertise. To retain David Dreisinger through his continued involvement as director and then as consultant after James is appointed, ensuring continuity and valuable project knowledge as we move forward.”

Mr James Connolly is appointed as non-executive director

Mr. Connolly is a highly regarded senior mining executive with more than 25 years of technical and operational experience in mining operations, project development, capital allocation and technical leadership roles at major global mining companies.

Mr Connolly has held senior positions including Chief Technical Officer at Allkem Ltd. (now Arcadium Lithium), Head of Projects and Capital Allocation at Vale Base Metals, and Vice President positions at Barrick Gold. His experience includes critical minerals, base metals and precious metals, with a strong focus on project studies, project execution and operational readiness.

Mr. Connolly has led and overseen the development, evaluation and execution of large-scale mining and processing projects across multiple jurisdictions and commodities. His experience in advancing complex projects, from study to implementation and operation, aligns directly with Euro Manganese’s focus on advancing the Chvaletice project to the next phase of development.

The Board believes that Mr. Connolly’s extensive experience in technical leadership and project development will provide valuable insights and guidance as the Company continues to advance its strategy and deliver long-term value for shareholders.

Transition of Dr. David Dreisinger to advisory role

As part of the evolution of the Board of Directors, Dr. David Dreisinger will take over his role as Director upon Mr Connolley’s appointment and will continue to support Euro Manganese in an advisory role.

Dr. Dreisinger will remain closely involved with the company and provide technical leadership as Euro Manganese takes the Chvaletice project through the next phase of development, including metallurgical optimization, processing and project-related activities.

Dr. Dreisinger has played a crucial role in the development of the Chvaletice project, and the Board of Directors is pleased that the company will continue to benefit from his deep technical expertise, institutional knowledge and long-term involvement as the project progresses.

Upon completion of the DIN process, the company will file the relevant ASX notifications.

Approved for release by the President and CEO of Euro Manganese Inc.

Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release

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 defense applications.

The Chvaletice Manganese Project aims to process historic mine waste to produce high-purity electrolytic manganese metal (HPEMM) and high-purity manganese sulphate monohydrate (HPMSM), creating a fully traceable, low-carbon supply chain within the European Union.

With the demonstration plant having produced on-spec products and optimization work underway to improve the commercial plant’s efficiency, Euro Manganese is positioned to become Europe’s first domestic producer of high-purity manganese, meeting rising demand for sustainable, strategic battery materials while advancing Europe’s clean energy and supply chain independence goals.

Euro Manganese is dually listed on the TSX-V and the ASX.

Website: www.mn25.ca
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Warning and Forward-looking information

Certain statements in this press 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”, “predict”, “forecast” and other similar terminology, or state that certain actions, events or results “may”, “could”, “could”, “could” 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 could cause the Company’s actual results to differ materially from those discussed in the forward-looking statements. Even if such actual results are achieved or materially achieved, there can be no assurance that they will have the expected effects on or on the Company.

Forward-looking statements include statements regarding strengthening the board of directors, and that the appointment of a new director will provide valuable insights and guidance as the company continues to advance its strategy and deliver long-term value for shareholders, the company’s ability to reprocess historic mine waste to produce high-purity electrolytic manganese metal (HPEMM) and high-purity manganese sulfate monohydrate (HPMSM), creating a fully traceable, low-carbon supply chain within the European Union and statements about how the company is meeting rising demand for sustainable, strategic battery materials, while advancing Europe’s clean energy goals and supply chain independence. 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 it requires, and that it will comply with the terms of its secured credit facility.

Factors that could cause actual results or events to differ materially from current expectations include: risks and uncertainties relating to maintaining necessary licenses or permits; risks associated with the acquisition of surface rights; risks associated with compromising the security and terms of the Company’s debt financing; securing sufficient purchasing agreements; the availability of acceptable financing; the possibility that unknown or unexpected events will result in contractual terms not being fulfilled; developments in the markets and chemistry for EV batteries (electric vehicles); and risks related to fluctuations in exchange rates, changes in laws or regulations; and regulation by various government agencies. For further discussion of the 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 press release are based on what the Company’s management believes to be 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 press release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company disclaims any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances after the date of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284140

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