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Euro Manganese Amends Funding Deal with Orion

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Euro Manganese Amends Funding Deal with Orion

Euro Manganese, Inc. (TSE:EMN) has released an update.

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Euro Manganese Inc. has amended its US$100 million funding package with Orion Resource Partners to support the Chvaletice Manganese Project in the Czech Republic. The amendment includes deferring interest on a convertible loan to conserve cash and extending milestone deadlines, while also offering flexibility in loan repayment and royalty financing termination.

For further insights into TSE:EMN stock, check out TipRanks’ Stock Analysis page.

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