Geomet Clarification
European Metals Holdings Limited has clarified a statement in Geomet s.r.o.'s accounts regarding Geomet's intention to seek funds from its shareholders, noting that no valid cash call has yet been made by Geomet, in which European Metals holds a 49 percent interest. The timing and form of any future funding, whether debt or shareholder-based, will require the unanimous approval of Geomet's shareholders.
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European Metals Holdings Limited (ASX and AIM: EMH, OTCQX: EMHXY/EMHLF) is aware of the statement in the Geomet s.r.o ("Geomet") accounts dated March 31, 2026 in relation to steps initiated by Geomet on January 28, 2026 in respect of additional funding and its intention to seek funds from its shareholders. At this stage, no valid cash call has been made by Geomet, a company in which European Metals holds a 49 percent interest. The timing and form of such funding (whether third party debt or shareholder funding) remains subject to the unanimous approval of Geomet's shareholders.
European Metals will provide further updates as and when appropriate.
This announcement has been approved for release by the Board.
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