Euro Manganese amends Orion facility to convert US$23.53 million debt into Chvaletice project royalty

• Euro Manganese amended its Orion facility to trigger automatic conversion of the outstanding loan into a royalty on the Chvaletice manganese project.
• The outstanding loan and accrued interest totaled USD 23.53 million as of March 31, 2026; conversion would fully discharge repayment obligations.
• Post-conversion royalty rises to 2.29%-2.46% of project revenues, calculated quarterly on a price-linked sliding scale for high-purity manganese products.
• The revised terms remove time-based milestones, aiming to improve financing flexibility for the project’s next development stage.
• Euro Manganese canceled the undrawn USD 70 million portion of the original Orion funding package.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Euro Manganese Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607100001NEWSFILECNPR____20260710_304627_1) on July 10, 2026, and is solely responsible for the information contained therein.