European Green Transition plc shareholders have today approved the £7.5 million fundraise earlier this month for 86% of the company’s issued ordinary share capital. TVRs The company will issue 4,583,333 warrants, at the issue price of six pence per ordinary share, in relation to a bridge facility from Raglan Road Capital Ltd. The fundraise, via a […]
Tag: European Green Transition plc
European raises £7.5m
European Green Transition plc has conditionally raised gross aggregate of £7.5 million, via a placing and subscription for 86% of the company’s issued ordinary share capital. DEBT-FREE The placing involved 64,778,653 new ordinary shares of 0.25 pence each, and a subscription for 60,221,347 new ordinary shares, at a price of six pence per ordinary share. […]
European signs exclusive option to sell Pajala
European Green Transition plc has agreed an exclusive six-month option to sell its Pajala copper project in northern Sweden. MONETISING Potential purchaser, Recovery Metals Cyprus Ltd, will fund all due diligence on the project’s Liviövaara nr 101 and Lehtosölkä nr 101 exploration licences. European said that Pajala was a potential iron oxide copper gold (IOCG) […]
European Green appoints Mick Kearney as NED
European Green Transition plc has appointed Mick Kearney as an independent non-executive director, effective from 22 October 2025. Mr Kearney has more than 40 years’ experience across numerous sectors, having established and grown businesses across a range of industries. Among his achievements is his introduction of Snap Printing to Ireland in 1984 and his co-founding […]
European Green CEO steps down
European Green Transition plc’s chief executive officer Aiden Lavelle has stepped down on mutal agreement with the board, and will leave the company at the end of this month. STRATEGY Mr Lavelle declined to seek re-election as a director at the forthcoming general meeting. The company said that its strategy to move from mining assets […]
EGT secures more time for Olserum
European Green Transition plc has secured a four-year extension until June 2029 for its Olserum No. 21 licence at the Olserum rare earth elements project in southeast Sweden. MONETISATION The 10.99km2 licence has a historic resource estimate of 4.5 million tonnes grading 0.6% total rare earth oxides (TREO) in the indicated category and 3.3Mt grading 0.63% […]