(Total Views: 110)
Posted On: 06/13/2024 1:38:20 PM
Post# of 124241
ES Mines Responds to EU Commission Call For Strategic Projects!
https://ceo.ca/@globenewswire/euro-sun-mining...ssion-call
Part of article;
ESM wishes to confirm that the Company has formally begun proceedings to list its Rovina Valley Project (the “Project”)
with the European Commission as a “strategic project” for the European supply of critical minerals.
Following a meeting held on May 27, 2024 with the Romanian Ministry of Economy, the application for the Project to be
designated as a “strategic project” within the European Commission’s Critical Raw Materials Act was sanctioned.
This positive development will take place whilst Romania continues towards overhauling its
existing mining legislation to align with the Critical Raw Materials Act.
IMO very important news, yet the market do not react (so far?), with a gain in the share price - maybe a delayed effect will play out.
With the project officially supported by the EU commision, the Romanian side will also play ball - no more stalling -
cause now it`s in the interest of the new government to succeed with it, not only the company itself -
the CEO`s 4% stake of OS is also a significant fact that will pay of to shareholders.
Investors Hangout: https://investorshangout.com/post/view?id=670...z8d3QlwthU
https://ceo.ca/@globenewswire/euro-sun-mining...ssion-call
Part of article;
ESM wishes to confirm that the Company has formally begun proceedings to list its Rovina Valley Project (the “Project”)
with the European Commission as a “strategic project” for the European supply of critical minerals.
Following a meeting held on May 27, 2024 with the Romanian Ministry of Economy, the application for the Project to be
designated as a “strategic project” within the European Commission’s Critical Raw Materials Act was sanctioned.
This positive development will take place whilst Romania continues towards overhauling its
existing mining legislation to align with the Critical Raw Materials Act.
IMO very important news, yet the market do not react (so far?), with a gain in the share price - maybe a delayed effect will play out.
With the project officially supported by the EU commision, the Romanian side will also play ball - no more stalling -
cause now it`s in the interest of the new government to succeed with it, not only the company itself -
the CEO`s 4% stake of OS is also a significant fact that will pay of to shareholders.
Investors Hangout: https://investorshangout.com/post/view?id=670...z8d3QlwthU
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Robert
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