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: Olserum – southern Sweden
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 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 appoints Cathal Friel as chairman
European Green Transition plc has appointed its co-founder Cathal Friel as its non-executive chairman, with immediate effect. Mr Friel, who replaces Daniel Akselson, has more than 20 years’ experience in corporate finance and merger and acquisitions. He was previously chairman of hVIVO plc (formerly Open Orphan plc), before which he co-founded Amryt Pharma plc which […]
EGT granted more time for Pajala
European Green Transition plc has secured a three-year extension until March 2028 for the Pajala copper-graphite licences, Liviovaara 101 and Lehtosolka 101, in Northern Sweden. DEVELOPMENT The company said that “sufficient” work has been completed at the project for the Swedish mining authority to grant more time. EGT plans to either sell or find a […]