EUROPEAN ENERGY METALS CO - EUEMF STOCK NEWS

Q: What investment is underway in the Kautinen Region?

An estimated &#8364;600 million investment by Sibanye-Stillwater Limited and the Finnish Minerals Group is underway in the Kautinen Region to develop a spodumene pegmatite lithium supply chain.

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European Energy Metals Corp. (EUEMF) is a junior mining company focusing on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. The company recently acquired a 100% interest in the lithium Finnish Pegmatite Project from Capella Minerals Ltd. The Project covers approximately 2,500 km2 with multiple lithium-bearing spodumene pegmatite mineralization occurrences. European Energy Metals is dedicated to exploring and unlocking the lithium potential in the region. With an estimated €600 million investment from Sibanye-Stillwater Limited and the Finnish Minerals Group underway, the company is positioning itself within the hard-rock spodumene pegmatite lithium supply chain.

Recently, the company announced the commencement of gold exploration in Northern Finland and the appointment of Joel Leonard as the Chief Financial Officer and Corporate Secretary. With a strong focus on environmentally friendly and energy independent laws, European Energy Metals aims to contribute to the sustainable development of the mining industry in Europe.

05/06/2024 06:00 AM

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European Energy Metals to Attend 2024 CG Global Metals & Mining Conference

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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.

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05/01/2024 07:26 PM

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European Energy Metals Announces Stock Option Grants

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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.

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05/01/2024 09:00 AM

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European Energy Metals Completes Previously Announced Acquisition of Finnish Pegmatite Project

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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.

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04/19/2024 08:00 AM

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European Energy Metals to Conduct Gold Exploration on Northern Finland Licences

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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.

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04/05/2024 08:00 AM

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European Energy Metals to Acquire 100% of Its Current Finnish Pegmatite Project and Provides Corporate Update

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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.

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02/15/2024 09:00 AM

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European Energy Metals Central Finland Exploration Licences Granted

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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.

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01/10/2024 09:00 AM

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European Energy Metals Satisfies Exploration Expenditures Under Initial 51% Earn-In

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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.

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12/19/2023 09:00 AM

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European Energy Metals Summarizes Successful Phase I Program at Central Finland Lithium Project

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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.

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12/07/2023 08:00 AM

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European Energy Metals Samples 3.84% Li2O at Its Central Finland Lithium Project

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European Energy Metals (TSXV: FIN) (FSE: W28) reported the results of its inaugural Phase 1 exploration program for LCT (lithium-cesium-tantalum) spodumene-bearing pegmatites on its Central Finland Lithium Project. The program identified multiple areas with lithium mineralization, with the most significant discovery being a 350 m long by 110 m wide Northwest-Southeast trending spodumene-bearing pegmatite boulder field on the Nabba Reservation. The mean assay of the samples was 0.53% Li2O, and the boulders are also weakly anomalous in Cesium (Cs), Tantalum (Ta), Beryllium (Ta), and Tin (Sn). The company's projects are in the Kaustinen-Seinajoki region, which is highly prospective for LCT pegmatite deposits. The Company has submitted applications for Exploration Licenses covering an area of 4,550 hectares within its 11,690 hectare Nabba Reservation.

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11/21/2023 03:05 AM

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European Energy Metals Completes Inaugural Lithium Exploration Program in Finland

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European Energy Metals (FIN) Completes Successful Phase 1 Exploration Program in Central Finland Lithium Project

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FAQ

What is the current stock price of EUROPEAN ENERGY METALS CO (EUEMF)?

The current stock price of EUROPEAN ENERGY METALS CO (EUEMF) is $0.0455 as of October 14, 2024.

What is the market cap of EUROPEAN ENERGY METALS CO (EUEMF)?

The market cap of EUROPEAN ENERGY METALS CO (EUEMF) is approximately 6.1M.

What is European Energy Metals Corp. focused on?

The company is primarily focused on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland.

What recent acquisition has the company made?

European Energy Metals Corp. recently acquired a 100% interest in the lithium Finnish Pegmatite Project from Capella Minerals Ltd.

What is the extent of the lithium-bearing spodumene pegmatite mineralization?

The company's exploration efforts have discovered multiple occurrences of lithium-bearing spodumene pegmatite mineralization with samples assaying from 3.84% Li2O to 0.003% Li2O.

Who has been appointed as the Chief Financial Officer and Corporate Secretary?

Joel Leonard has been appointed as the Chief Financial Officer and Corporate Secretary of European Energy Metals Corp.

What investment is underway in the Kautinen Region?

An estimated €600 million investment by Sibanye-Stillwater Limited and the Finnish Minerals Group is underway in the Kautinen Region to develop a spodumene pegmatite lithium supply chain.

Where can I find the Technical Report on the Central Finland Lithium Project?

The Technical Report on the Central Finland Lithium Project can be found on European Energy Metals Corp.'s website or under the Company's issuer profile on SEDAR+.

What exploration activities are planned for 2024?

The company is expected to announce its 2024 exploration plans soon, with activities set to commence before the end of May.

What are the Company's projects in Northern Finland?

European Energy Metals Corp. owns several 100 percent precious metals projects in Northern Finland, located in the Paleo-Proterozoic Greenstone Terrane.

Who prepared the Technical Report on the Central Finland Lithium Project?

The Technical Report was prepared by David Murray, P.Geo., President and Principal Consultant of Resourceful Geoscience Solutions Ltd., a Qualified Person.

What financial transaction was recently reported by the Company?

European Energy Metals Corp. granted an aggregate of 1,150,000 stock options to its directors and officers, exercisable to acquire one common share at an exercise price of $0.36 for five years.