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EMH's CEZ deal solidifies

ALMOST six months after announcing a potential strategic partnership with one of Europe's largest power utilities, European Metals Holdings has entered into a conditional agreement with Czech-based CEZ Group that could see a A$55 million investment in the Cinovec lithium-tin project.

Haydn Black
Cinovec was mined until 1993.

Cinovec was mined until 1993.

If consummated, the Czech government-controlled CEZ will secure a controlling 51% interest in EMH's local subsidiary by subscribing for €34.06 million of Geomet shares - about the entire market capitalisation...

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