01:52 PM EST, 01/23/2025 (MT Newswires) -- Euro Manganese ( EMNAF ) , on Thursday said its Mangan Chvaletice secured the Determination of Mining Lease permit, marking the next milestone towards the development of the Chvaletice Manganese Project in the Czech Republic.

The permit provides Mangan Chvaletice with exclusive, unrestricted rights to mineral extraction, enabling the company to proceed with the project's next phases.

"The Permit grants exclusive, unrestricted legal rights to extract mineral resources with no expiration date. This brings Euro Manganese ( EMNAF ) closer to establishing a commercial-scale facility for the production of high-purity manganese, an essential material for the transition to a greener economy and the global effort to decarbonize our planet," interim chief executive Martina Blahova said in a release.

The company's shares were last seen up $0.005 to $0.035 on the TSX Venture Exchange.

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