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European Energy Metals Corp. Announces Proposed Name Change to Grit Metals Corp.

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European Energy Metals Corp. (TSXV: FIN) has announced its intention to change its name to Grit Metals Corp, subject to TSX Venture Exchange approval. The company's stock symbol will remain unchanged, and there is no associated change in business operations. A new CUSIP and ISIN number will be assigned for the name change, with the effective date to be disclosed in a future announcement. Typically, shares begin trading under a new name two to three trading days after the company files the necessary documents. However, the board of directors retains the discretion to not implement the name change, even if regulatory approval is obtained.

European Energy Metals Corp. (TSXV: FIN) ha annunciato la sua intenzione di cambiare nome in Grit Metals Corp, soggetto all'approvazione del TSX Venture Exchange. Il simbolo azionario della società rimarrà invariato e non ci sarà alcun cambiamento nelle operazioni commerciali. Un nuovo numero CUSIP e ISIN verrà assegnato per il cambiamento di nome, con la data di efficacia che verrà comunicata in un annuncio futuro. Di solito, le azioni iniziano a essere negoziate con il nuovo nome due o tre giorni di negoziazione dopo che la società presenta i documenti necessari. Tuttavia, il consiglio di amministrazione si riserva la discrezione di non attuare il cambiamento di nome, anche se viene ottenuta l'approvazione regolamentare.

European Energy Metals Corp. (TSXV: FIN) ha anunciado su intención de cambiar su nombre a Grit Metals Corp, sujeto a la aprobación del TSX Venture Exchange. El símbolo de las acciones de la empresa permanecerá sin cambios y no hay ningún cambio asociado en las operaciones comerciales. Se asignará un nuevo número CUSIP y ISIN para el cambio de nombre, y la fecha de entrada en vigor se dará a conocer en un anuncio futuro. Normalmente, las acciones comienzan a cotizar bajo un nuevo nombre dos o tres días hábiles después de que la empresa presenta los documentos necesarios. Sin embargo, la junta directiva se reserva la discreción de no implementar el cambio de nombre, incluso si se obtiene la aprobación regulatoria.

유러피안 에너지 메탈스 코프(European Energy Metals Corp.) (TSXV: FIN)는 TSX 벤처 거래소의 승인을 조건으로 그릿 메탈스 코프(Grit Metals Corp)로 이름을 변경할 계획을 발표했습니다. 회사의 주식 기호는 변경되지 않으며, 사업 운영에도 관련된 변화가 없습니다. 이름 변경을 위해 새로운 CUSIP 및 ISIN 번호가 부여될 예정이며, 유효 날짜는 향후 발표에서 공개될 것입니다. 일반적으로 회사가 필요한 문서를 제출한 후 2~3 거래일 내에 새 이름으로 거래가 시작됩니다. 그러나 이사회는 규제 승인이 확보되더라도 이름 변경을 시행하지 않을 재량을 보유합니다.

European Energy Metals Corp. (TSXV: FIN) a annoncé son intention de changer son nom en Grit Metals Corp, sous réserve de l'approbation de la Bourse de croissance TSX. Le symbole boursier de la société restera inchangé et il n'y aura aucun changement associé aux opérations commerciales. Un nouveau numéro CUSIP et ISIN sera attribué pour le changement de nom, avec la date d'entrée en vigueur qui sera communiquée dans une annonce future. En général, les actions commencent à être échangées sous un nouveau nom deux à trois jours de bourse après que l'entreprise a soumis les documents nécessaires. Cependant, le conseil d'administration se réserve le droit de ne pas mettre en œuvre le changement de nom, même si l'approbation réglementaire est obtenue.

Die European Energy Metals Corp. (TSXV: FIN) hat ihre Absicht bekannt gegeben, ihren Namen in Grit Metals Corp zu ändern, vorbehaltlich der Genehmigung der TSX Venture Exchange. Das Aktiensymbol des Unternehmens bleibt unverändert und es gibt keine damit verbundenen Änderungen im Geschäftsbetrieb. Eine neue CUSIP- und ISIN-Nummer wird für die Namensänderung zugewiesen, wobei das Datum des Inkrafttretens in einer zukünftigen Mitteilung bekannt gegeben wird. In der Regel beginnt der Handel mit den Aktien unter einem neuen Namen zwei bis drei Handelstage, nachdem das Unternehmen die erforderlichen Dokumente eingereicht hat. Der Vorstand behält sich jedoch das Ermessen vor, die Namensänderung nicht durchzuführen, auch wenn die regulatorische Genehmigung erteilt wurde.

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Vancouver, British Columbia--(Newsfile Corp. - October 9, 2024) - European Energy Metals Corp. (TSXV: FIN) (the "Company"), announces today it will be seeking the approval of the TSX Venture Exchange to change its name from European Energy Metals Corp. to Grit Metals Corp. (the "Name Change"). The stock symbol of the Company's listed securities will remain the same. There is no change of business associated or being effected with respect of the proposed Name Change.

The Company is obtaining a new CUSIP and ISIN number for the Name Change. The effective date of the Name Change and the new CUSIP and ISIN number will be disclosed in a subsequent news release. With respect of a name change, shares normally commence trading under the new name at the opening of trading two or three trading days after the filing of documents by the Company confirming the name change. Notwithstanding the foregoing, the Name Change is subject to regulatory approval, and the board of directors may, at its discretion, determine not to implement the Name Change.

About European Energy Metals Corp.

European Energy Metals Corp. is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy independent laws and policies. One of the key components is access to REE and, specifically, lithium. The company's exploration licenses are located within 1 kms of the Keliber mine and production complex, currently under construction and expected to begin production in H2 2025.

An estimated €600 million investment by Keliber's parent company Sibanye-Stillwater Limited (NYSE: SBSW) in partnership with the Finnish Minerals Group (www.mineralsgroup.fi) is underway in the Kautinen Region and will see the development of open-pit and underground mining from several deposits, construction of a central spodumene concentrator plant and a lithium hydroxide chemical plant at tidewater in Kokkola. When completed, this complex will comprise a complete hard-rock spodumene pegmatite lithium supply chain (source: www.sibanyestillwater.com).

The Company also has several 100 percent owned precious metals projects in Northern Finland. They are located in the Paleo-Proterozoic Greenstone Terrane of Northern Finland comprised of multiple greenstone belts including the CLGB which hosts world-class gold (eg Kittila Deposit, owned by Agnico Eagle and Ikkari Deposit, owned by Rupert Resources) and base metal deposits (eg Kevitsa owned by Boliden and Sakatti owned by Aglo-American). The belt's potential is also suggested by the presence of several major mining companies in the belt. The belt has very recently garnered significant interest following an offer from Rupert Resources to buy B2Gold's 70% interest in a Joint Venture between B2Gold and Aurion Resources which lies adjacent to Ruperts Ikkari Deposit, for $102 million. The joint venture ground is strategic to Ruperts proposed development of the Ikkari Deposit but is also host to numerous gold prospects along a structural corridor that extends >125 km.

On behalf of the board of directors of the Company:

Jeremy Poirier
Chief Executive Officer
Telephone: 604-722-9842

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable securities legislation. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the implementation of the Name Change and the future results of operations, performance and achievements of the Company, including the presence of lithium or gold mineralization at, and the exploration and development potential of, the Company's properties. Although the Company believes that such statements are reasonable, it can give no assurances that such expectations will prove to be correct and readers are cautioned not to place undue reliance on forward-looking information. All such forward-looking information is based on certain assumptions and analyses made by the Company in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Important factors that could cause actual results to differ from this forward-looking information include the requirement for TSX Venture Exchange of the Name Change, risks inherent in exploration of mineral properties as well as those described in the Company's most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226145

FAQ

What is the proposed new name for European Energy Metals Corp. (TSXV: FIN)?

European Energy Metals Corp. (TSXV: FIN) is proposing to change its name to Grit Metals Corp.

Will the stock symbol for European Energy Metals Corp. (TSXV: FIN) change after the name change?

No, the stock symbol for the company will remain the same after the proposed name change.

Is there a change in business associated with European Energy Metals Corp.'s (TSXV: FIN) proposed name change?

No, there is no change of business associated or being effected with respect to the proposed name change to Grit Metals Corp.

When will shares of European Energy Metals Corp. (TSXV: FIN) start trading under the new name?

Typically, shares begin trading under a new name two to three trading days after the company files the necessary documents confirming the name change.

EUROPEAN ENERGY METALS CO

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