VANCOUVER, British Columbia, June 16, 2021 (GLOBE NEWSWIRE) – The Board of Directors of Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF) (“REM“or the”Company“) announced today that it will begin implementation of a CEO succession plan. A search will now begin for a new CEO to lead the company through its next stage of development, as it passes from a development company to an operating company.
Marco Romero, the founder of the Company and its current CEO, will remain in office until a successor is identified and appointed.
Marco Romero said: “I have been looking for the right opportunity to make room for a new CEO for some time and have worked closely with the Board of Directors to set the stage for a transition. This current phase, where we are busy completing our feasibility study and EIA, building our demonstration plant, as well as preparing the ground for project financing and construction, represents an ideal time to make this change. We have tangible short term goals and a very capable team in place, and we are well funded to achieve those goals. What we need now is to bring in a CEO who has the right credentials to grow our organization and prepare us for life as an operational company at the heart of the European battery supply chain. I plan to stay with the company in a new role to help our team achieve our key goals and seize opportunities beyond advancing our current project. I am excited about the future of Euro Manganese. “
John Webster, Chairman of the Board, said: “Marco has been an inspiring and capable leader for the company since 2015. He identified and secured the Chvaletice Manganese project, defined the company’s vision for the future and its standards. high, and has established a solid foundation for its growth. He has also built an exceptional team, developed strategic relationships with clients, raised the necessary funds to help us through the development phase and put us on the path to success. We look forward to working with him as we embark on the next phase of the company’s growth. “
About Euro Manganese:
Euro Manganese Inc. is a battery materials company whose main objective is to advance the development of the Chvaletice Manganese project, in which it has a 100% stake. The proposed project involves the reprocessing of a large manganese deposit hosted in the tailings of a decommissioned mine, strategically located in the Czech Republic. The Company’s objective is to become a leading, competitive and environmentally friendly primary producer of ultra-high purity manganese-based products in the heart of Europe, serving the lithium battery industry. ion, as well as other high-tech applications.
This announcement has been authorized for publication by the CEO of Euro Manganese Inc.
|Contact: Euro Manganèse Inc.|
|Marco A. Romero||Fausto Taddei|
|President and CEO||Vice-President, Corporate Development|
|+1 (604) -681-1010 ext 101||& Corporate Secretary +1 (604) -681-1010 ext. 105|
|E-mail: [email protected]|
|# 709 -700 Pender Street West|
|Vancouver, British Columbia, Canada, V6C 1G8|
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