10:12 AM EDT, 03/25/2025 (MT Newswires) -- Euro Sun Mining ( CPNFF ) on Tuesday said the company's Rovina Valley Project has been included on the European Union's first list of strategic assets following their May 27, 2024 call for applications under the Critical Raw Materials Act.

A statement noted that this decision allows Euro Sun to fast-track the permitting process under new European legislative guidelines to facilitate the development of the Rovina Valley Project.

"Euro Sun Mining ( CPNFF ) now has European Union support to help secure permits for a project that can deliver critical raw materials quickly in support of European strategic interests. This news also propels Romania to the forefront of critical raw material supply," said Euro Sun Chief Executive Grant Sboros.

Shares were last seen down 13.6% at $0.095 on the Toronto Stock Exchange.

Price: 0.10, Change: -0.02, Percent Change: -13.64