VANCOUVER, British Columbia, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V/ASX: EMN) (“EMN” or the "Company") is pleased to announce its listing on the Frankfurt Stock Exchange and the appointment of both European and Australian investor relations advisors.
In response to growing interest from European investors and due to the strategic location of EMN’s Chvaletice Manganese Project (the “Project”) in the Czech Republic, the Company has appointed Deutsche Gesellschaft für Wertpapieranalyse GmbH (“DGWA”) as its investor relations advisor in Europe. European investors can trade the Company’s common shares under the stock code “E06” on the Frankfurt Stock Exchange. Concurrently, due to the significant holdings in EMN by Australian investors and its listing on the Australian Securities Exchange, the Company has appointed NWR Communications Pty Ltd. (“NWR”) as its investor relations advisor in Australia. Both firms provide numerous investor relations services for publicly traded companies, including assisting in disseminating press releases, assisting in increasing investor awareness amongst the retail and institutional investment community, and assisting in overall marketing of the Company. The appointment of each of DGWA and NWR are subject to TSX Venture Exchange approval.
DGWA will provide investor relations services for an initial period of twelve months, which can be extended by a further twelve months upon mutual agreement by the parties, and can be cancelled by either party at the end of each six month period upon thirty days' prior notice. DGWA will be paid a fee of €7,500 per month. NWR will be paid a monthly fee of AUD$10,000 for the first two months, and a retainer of AUD$7,000 per month thereafter, with one months’ prior written notice to be provided in the event the services are to be terminated by the Company. Both DGWA and NWR will be reimbursed for all pre-approved expenses. Neither DGWA nor NWR are current shareholders of the Company.
About Deutsche Gesellschaft für Wertpapieranalyse GmbH
DGWA, is a German institute for asset management and a boutique European investment and financial markets consulting firm based in Frankfurt and Berlin, Germany. The management team has a 25-year track record in trading, investing and analyzing small and medium enterprises around the world. DGWA’s team has been involved in over 250 IPOs, financings, bond issues, dual listings and corporate finance transactions as well as corresponding road shows and awareness campaigns.
About NWR Communications Pty Ltd.
NWR is an established investor and media relations firm specialising in small to mid-cap ASX-listed companies. Their focus is on delivering strategic, effective investor and media relations campaigns designed to build companies’ profiles while reducing management time dedicated to investor issues. Their experienced team is comprised of former journalists, stockbrokers and media relations professionals.
About Euro Manganese Inc.
Euro Manganese Inc. is a Canadian mineral resource company, whose principal focus is advancing the evaluation and development of the Chvaletice Manganese Project in which it holds a 100% interest. The Project entails re-processing a significant manganese deposit hosted in historic mine tailings, strategically-located in the Czech Republic. The Company's goal is to become a leading, competitive and environmentally superior supplier of ultra-high-purity manganese products, serving the lithium-ion battery industry, as well as producers of specialty steel and aluminum alloys.
This release may contain forward-looking statements or information. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual outcome, results, performance, or achievements of the Company to be materially different from any future outcome, results, performance, or achievements expressed or implied by the forward-looking statements. Forward looking statements or information relate to, among other things, the continued evaluation and development of the Project and the appointment of DGWA and NWR. These forward-looking statements are based on management’s current expectations and beliefs, but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. The Company disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.
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.
Ms. Karen Oswald,
m: +61 (0) 423 602 353
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