Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (FSE: E060) (the "Company" or "Euro Manganese") announced today that it has entered into an offtake term sheet dated June 18 (the "Term Sheet") with Integrals Power Limited ("IPL"), for the sale of high-purity manganese sulphate from the Company's Chvaletice Manganese Project ("Chvaletice" or the "Project") in the Czech Republic. Highlights UK-based Integrals Power Limited is a next-generation battery nano-materials company that has developed an innovative and proprietary process for producing high-performance, cost effective and scalable battery cathode materials such as Lithium Iron Phosphate ("LFP") and Lithium Manganese Iron Phosphate ("LMFP") for lithium-based batteries.
Eastman debuts Esmeri CC1N10, a biodegradable micropowder that boosts cosmetic performance while meeting EU microplastic rules.
Highlights Financing included an upsized C$9.8 million (A$10.8 million) Private Placement and an oversubscribed A$1.5 million (C$1.4 million) Share Purchase Plan Company welcomes the European Bank of Reconstruction and Development and Eric Sprott as significant shareholders Funds raised to support ongoing development of the Chvaletice Manganese Project and customer engagements to secure additional offtake term sheets and strategic investments Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Euro Manganese Inc. (TSXV) (ASX: EMN) (FSE: E060) (the "Company" or "Euro Manganese") is pleased to announce that, following the approval by its shareholders at its Annual General and Special Meeting held on May 15, 2025 (the "AGSM"), it has closed the previously announced financing package which included: (a) a private placement (the "Placement") of common shares ("New Shares") and CHESS Depositary Interests ("New CDIs" together with the New Shares, "New Securities") in the capital of the Company of C$9.8 million (approximately A$10.8 million); and (b) a Share Purchase Plan ("SPP", together with the Placement, the "Financing") with certain eligible shareholders in the amount of A$1.5 million (approximately C$1.4 million). The Company also announces an option grant to certain directors, officers, employees, and consultants as described below.
Chemicals - Specialty Industry | Basic Materials Sector | Mr. Mark J. Costa CEO | CXA Exchange | US2774321002 ISIN |
US Country | 14,000 Employees | 14 Mar 2025 Last Dividend | 4 Oct 2011 Last Split | 10 Oct 1993 IPO Date |
Eastman Chemical Company stands out as a global specialty materials company, operational across the United States, China, and other international markets. Established in 1920, and with its headquarters nestled in Kingsport, Tennessee, Eastman Chemical Company has carved a niche in providing innovative and sustainable material solutions. Its offerings span across diverse industries such as transportation, personal care, wellness, building and construction, agriculture, energy, and electronics, catering to the evolving demands of its global clientele.
This segment encompasses a variety of products including amine derivative-based building blocks and intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions. It also covers specialty coalescent and solvents, paint additives, and specialty polymers, alongside heat transfer and aviation fluids. Serving a broad range of markets from transportation to agriculture, and water treatment to electronics, these products underscore Eastman's commitment to innovation and sustainability.
Eastman's Advanced Materials segment delivers high-value end uses through products like copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral sheets, and window and protective films. These products find application in sectors such as transportation, durables, electronics, building and construction, and medical and pharma, highlighting the company's focus on delivering sophisticated material solutions.
This segment offers a wide array of products including olefin and acetyl derivatives, ethylene, commodity solvents, as well as primary non-phthalate and phthalate plasticizers and niche non-phthalate plasticizers. Serving industries like industrial chemicals and processing, building and construction, and health and wellness, these intermediates are pivotal for various manufacturing processes.
Eastman's Fibers segment is known for its cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride, primarily utilized in filtration media like cigarette filters. It also includes natural and solution dyed acetate yarns, and staple fiber catering to consumables, and health and wellness markets. Moreover, it offers wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for applications in transportation, industrial, and aerospace sectors among others.