Euro Manganese Receives Approval of Environmental and Social Impact Assessment for Chvaletice Manganese Project and Appoints Project Director

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.

In addition, the Company is pleased to appoint Mr. Tim Kindred, an experienced, large-scale project delivery professional, as Project Director for the Chvaletice Project.

Highlights

• Czech Ministry of Environment approves the Environmental and Social Impact Assessment for the Chvaletice Manganese Project
• Excellent stakeholder engagement processes resulted in no comments or opposition from local stakeholders during commentary period
• The ESIA is the key gating permit from which subsequent permits can follow in a more procedural manner
• Appointment of a highly experienced Project Director for the Chvaletice Manganese Project to lead the Front-End Engineering Design ("FEED") and the Engineering and Procurement and Construction Management ("EPCM") phase of the Project

ESIA Approval

The Company has received a positive ESIA binding statement from the Czech Ministry of Environment, which approves the environmental and social conditions set out in the ESIA. This is the culmination of a four-year process, where 14 separate government authorities were required to provide a positive opinion on the Company’s ESIA, after which the ESIA was open to a public commentary period. No comments were received from the public, NGOs or regional municipalities during this period, demonstrating the excellent stakeholder engagement processes managed by the Company’s local Czech team.

The approval of the ESIA is the key gating permit from which subsequent permits can follow, including the Land Planning Permit and the Construction Permit. Receipt of the ESIA also allows the Company to progress to the final determination of the Mining Lease for the Project.

Appointment of Project Director

Mr. Tim Kindred recently joined the Company as Project Director for the Chvaletice Project. Tim is responsible for leading the team that will work together with Wood to deliver FEED work followed by EPCM once a final investment decision has been made. Tim will initially be based in Perth, Australia and will relocate to the Czech Republic during the construction phase of the Project.