GRIT METALS CORP - EUEMF STOCK NEWS

European Energy Metals (TSXV: FIN) has released an independent technical report for its Central Finland Lithium Project. The report, titled 'Technical Report on the Central Finland Lithium Project, Central Ostrobothnia, Finland,' is dated May 2, 2024, and details historical and recent mineral exploration efforts. It also provides recommendations for future exploration and evaluation. David Murray, P.Geo., President and Principal Consultant of Resourceful Geoscience Solutions , prepared the report in accordance with National Instrument 43-101 standards. The report is available on the company's website and SEDAR+.

European Energy Metals will participate in the 2024 CG Global Metals & Mining Conference in Palm Desert, California, from May 7th to 9th. The company invites shareholders and investors for 1 on 1 meetings to discuss opportunities. CEO Jeremy Poirier emphasizes the importance of investor outreach as the company enters an active exploration season in Finland.

European Energy Metals has announced the granting of 1,150,000 stock options to its directors and officers, with each option exercisable to acquire one common share at an exercise price of $0.36 for five years. The options have a one-year vesting period, with 25% vesting on July 30, 2024, and the remainder vesting every three months thereafter.

European Energy Metals (TSXV: FIN) has completed the acquisition of the Finnish Pegmatite Project from Capella Minerals by paying $250,000 in cash and issuing 1,100,000 common shares. Capella received a 2% net smelter royalty, with the option for the Company to repurchase half for 1,000,000 Euro. The CEO stated plans for upcoming exploration programs.

European Energy Metals (EUEMF) is set to conduct gold exploration on its Northern Finland licenses, covering 300,000 hectares in the Central Lapland Greenstone Belt. The Company also continues its lithium exploration targets on recently granted licenses. The region is known for world-class gold and base metal deposits, attracting major mining companies. Recent interest in the area, highlighted by Rupert Resources' offer to acquire B2Gold's interest in a joint venture, indicates significant potential. Preliminary prospecting has identified gold and copper occurrences on the Company's licenses. CEO Jeremy Poirier is optimistic about the exploration programs, led by VP Exploration Mike Basha, with extensive experience in the region. Additionally, the Company will be attending the Capital Event Management Conference in Scottsdale to connect with investors and institutions.

European Energy Metals acquires 100% interest in the lithium Finnish Pegmatite Project from Capella Minerals The Purchase Agreement includes a payment of $250,000 in cash and 1,100,000 common shares. Capella will also receive a 2% net smelter royalty on the Project. The Project covers 2,500 km2 with significant lithium-bearing spodumene pegmatite mineralization. Joel Leonard appointed as CFO and Corporate Secretary.

European Energy Metals (EUEMF) has successfully obtained exploration licenses for the Nabba and Nabba 2 sites in Finland, allowing for advanced exploration activities. The company's Central Finland Lithium Project has shown promising results with the discovery of the Kyrola Prospect, indicating significant lithium mineralization. The licenses are granted for four years with possible extensions up to 15 years, enabling activities like trenching and diamond drilling. European Energy Metals aims to conduct prospecting, mapping, geophysics, and drilling in 2024, positioning itself for further success.

European Energy Metals Corp. (TSXV: FIN) (FSE: W28) has successfully met the $1.0 million minimum exploration expenditure commitment on the Central Finland Lithium Project, earning an initial 51% interest in the Project from Capella Minerals Ltd (TSXV: CMIL). The Company has incurred over $1.1 million in exploration expenditures to date, resulting in the discovery of high-grade lithium prospects and is now in the process of converting 4,550 hectares of the 11,690 hectare Nabba Reservation to two Exploration Licenses for drilling.

European Energy Metals (TSXV: FIN) (FSE: W28) reported successful Phase I exploration program results in Central Finland, including multiple lithium-bearing pegmatites, acquisition of 7 mineral reservations, and an increase in land package totaling 31,065 hectares.