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European Green Transition Plc ( (GB:EGT) ) just unveiled an announcement.
European Green Transition plc has appointed co-founder Cathal Friel as non-executive Chairman. With a strong background in corporate finance and successful transformations of public companies, Friel is expected to steer EGT towards acquiring revenue-generating businesses and transitioning into a profitable, cash-generative entity. The company continues to focus on monetizing its exploration projects, particularly the Olserum Rare Earth project in Sweden, as part of its strategy to deliver shareholder value.
More about European Green Transition Plc
European Green Transition plc (EGT) operates in the green transition space in Europe, focusing on capitalizing on opportunities from Europe’s shift towards a green, renewables-focused economy. The company aims to expand its portfolio of green economy assets through mergers and acquisitions, targeting revenue-generating businesses that support the green transition.
YTD Price Performance: -21.05%
Average Trading Volume: 37,575
Technical Sentiment Signal: Strong Buy
See more insights into EGT stock on TipRanks’ Stock Analysis page.