Euro Manganese Joins the World Battery Alliance

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VANCOUVER, British Columbia, July 19, 2022 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (“Euro Manganese“, the “Firm” or “EMN“) is happy to announce that it has change into a member of the World Battery Alliance (“GBA“), a partnership of main organizations from throughout the battery worth chain, governments, lecturers, and NGOs who’ve mobilized to make sure that battery manufacturing not solely helps inexperienced power, but in addition safeguards human rights and promotes environmental sustainability.

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Euro Manganese is the primary high-purity manganese firm to affix the GBA. The Firm intends to take part in discussions round battery supplies transparency and traceability, significantly because the GBA advances improvement of the Battery Passport. The Battery Passport will likely be a digital illustration of an electrical car (“EV“) battery. Batteries that meet strict high quality and sustainability requirements will likely be awarded a top quality seal, offering prospects with assurance of accountable manufacturing processes.

Dr. Matthew James, Euro Manganese’s President and CEO, mentioned: “We’re more than happy to affix the GBA to work alongside friends in helping with the transition to a sustainable, low carbon financial system. We share the GBA’s targets of circularity, environmental safety, and sustainable improvement. The Battery Passport will likely be a helpful useful resource to measure EV battery high quality and enhance total trade sustainability efficiency.

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“Responsibly extracted and produced battery supplies are the muse of the battery worth chain. Our Chvaletice Challenge within the Czech Republic is the one sizable manganese useful resource in Europe and can produce fully-traceable high-purity manganese merchandise for the EV trade in an environmentally accountable method. As a novel, waste-to-value recycling and remediation alternative that entails reprocessing outdated tailings from a decommissioned mine, our undertaking’s environmental credentials embody a low carbon footprint and a internet constructive profit from remediation of the historic tailings space. The Firm has just lately undertaken a Life Cycle Evaluation to quantify the Chvaletice Challenge’s environmental influence, the outcomes of which we intend to announce quickly.”

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About Euro Manganese Inc.

Euro Manganese Inc. is a battery supplies firm targeted on changing into a number one, aggressive, and environmentally superior producer of high-purity manganese for the electrical car (EV) trade and different high-technology functions. The Firm is advancing improvement of the Chvaletice Manganese Challenge within the Czech Republic, which is a novel waste-to-value recycling and remediation alternative involving reprocessing outdated tailings from a decommissioned mine. The Chvaletice Challenge is the one sizable useful resource of manganese within the European Union, strategically positioning the Firm to offer battery provide chains with crucial uncooked supplies to help the worldwide shift to a round, low-carbon financial system.

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Concerning the World Battery Alliance

The World Battery Alliance is a public-private collaboration platform based in 2017 on the World Financial Discussion board to assist set up a sustainable battery worth chain by 2030.  It brings collectively main worldwide organizations, NGOs, trade actors, lecturers, and a number of governments to align collectively to drive systemic change alongside the complete worth chain.

Members decide to a set of Ten Guiding Ideas established as a obligatory situation for a sustainable and accountable battery worth chain, with a give attention to:

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To be taught extra in regards to the GBA, go to globalbattery.org

Concerning the Battery Passport

The Battery Passport will likely be a digital illustration of an electrical car (“EV“) battery that conveys details about relevant Environmental, Social and Governance (“ESG”) metrics throughout its lifecycle, from the uncooked supplies of its elements by way of to its manufacturing, set up, utilization, and eventual recycling. Every Battery Passport will likely be a digital twin of its bodily battery with its personal distinctive ID quantity and barcode that then will get uploaded to a cloud-based Battery Passport platform, which can provide a worldwide answer for securely sharing data and information. Batteries that meet strict high quality and sustainability requirements, that are at present beneath improvement, will likely be awarded a top quality seal, offering prospects with assurance of battery high quality and accountable manufacturing processes. Study extra in regards to the Battery Passport on the GBA web site.

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Approved for launch by the CEO of Euro Manganese Inc.

Neither TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) or the ASX accepts duty for the adequacy or accuracy of this launch.

Inquiries

Dr. Matthew James
President & CEO
+44 (0)747 229 6688

Louise Burgess
Senior Director Investor Relations & Communications
+1 (604) 312-7546
lburgess@mn25.ca

Firm Deal with: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8
Web site:
www.mn25.ca

Ahead-Wanting Statements

All statements, aside from statements of historic reality, contained on this press launch together with, however not restricted to, these describing the aims of the World Battery Alliance, the aims of the Firm and its enterprise mannequin, the supposed outcomes of the initiatives described within the press launch, the supposed advantages of the Battery Passport, and people statements that are mentioned beneath the “About Euro Manganese” paragraph and elsewhere within the press launch which primarily describe the Firm’s outlook and aims, represent “forward-looking data” or “forward-looking statements” inside the which means of sure securities legal guidelines, and are primarily based on expectations, estimates and projections as of the time of this press launch. Such statements might be recognized by way of phrases comparable to “might”, “would”, “may”, “will”, “intend”, “count on”, “consider”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and different comparable terminology, or state that sure actions, occasions or outcomes “might”, “may”, “would”, “would possibly” or “will” be taken, happen or be achieved.

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Additional, it ought to be famous that no manufacturing choice has been made with respect to the Challenge and that such a choice will solely be made primarily based on completion of a constructive feasibility examine, allowing and financing having been secured.

Readers are cautioned to not place undue reliance on forward-looking data or statements. Ahead-looking statements and data contain important dangers and uncertainties, shouldn’t be learn as ensures of future efficiency or outcomes and won’t essentially be correct indicators of whether or not or not such outcomes will likely be achieved. Plenty of elements may trigger precise outcomes to vary materially from the outcomes mentioned within the forward-looking statements or data, together with, however not restricted to, the elements mentioned beneath “Dangers Discover” and elsewhere within the Firm’s MD&A, in addition to the power of the Firm to efficiently implement its strategic aims and whether or not such strategic aims will obtain anticipated outcomes; the shortcoming to acquire regulatory approvals in a well timed method; the potential for unknown or sudden occasions to trigger contractual circumstances to not be glad; sudden modifications in legal guidelines, guidelines or laws, or their enforcement by relevant authorities; the failure of events to contracts with the Firm to carry out as agreed; social or labour unrest; modifications in commodity costs.

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Though the forward-looking statements contained on this information launch are primarily based upon what administration of the Firm believes are cheap assumptions, the Firm can’t guarantee traders that precise outcomes will likely be in line with these forward-looking statements. These forward-looking statements are made as of the date of this information launch and are expressly certified of their entirety by this cautionary assertion. Topic to relevant securities legal guidelines, the Firm doesn’t assume any obligation to replace or revise the forward-looking statements contained herein to replicate occasions or circumstances occurring after the date of this information launch. The Firm’s precise outcomes may differ materially from these anticipated in these forward-looking statements because of the elements set forth within the “Dangers Discover” part and elsewhere within the Firm’s MD&A for the yr ended September 30, 2021, and its Annual Data Kind.