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TORONTO, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun”, “ESM”, or the “Company”) acknowledges the European Commission's published responses to allegations submitted by certain Non-Governmental Organizations (NGOs) directly to the CRMA Strategic Project Promoters in Brussels regarding the Commission Decision 2025/840 of 25 March 2025, which designated certain critical raw material projects as strategic. The Company notes the positive outcome of the European Commission's internal review of our Rovina Valley Project, which found eleven allegations to be partially inadmissible and, in all cases, unfounded.
Euro Sun Mining (OTC: CPNFF) (TSX: ESM) is moving to advance its Rovina/Colnic copper/gold porphyry open-pit mining project in Romania through steady permit advancement, aligning with EU mandates that prioritize critical mineral supplies produced in Europe. Recent developments here include an updated Definitive Feasibility Study (DFS) and working on the Environmental Impact Assessment (EIA) draft with the Romanian government, immediately after the Romanian government legislated the Emergency Ordinance that expedites permits in accordance with Europe's recent Critical Raw Materials Act (CRMA).
TORONTO, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun”, “ESM”, or the “Company”) is delighted to announce that under an Emergency Ordinance, the Romanian Government has established a national regulatory and administrative framework for creating a Single Point of Contact to implement the European Union's Critical Raw Materials Act (“CRMA”). This is aimed to fast-track permitting and simplify procedures for projects with strategic status.
TORONTO, July 10, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is delighted to announce that, further to the Company's press release dated June 20, 2025 (the “June 20 Release”) respecting a financing term sheet, the Company has entered into a pre-development facility agreement dated July 10, 2025 (the “Facility Agreement”) with Trafigura Pte Ltd. (the “Lender”), pursuant to which the Lender has made available a facility of up to US$2.5m (the “Facility”). The Company intends to draw down from the Facility for general corporate purposes while it negotiates the definitive agreement for the copper concentrates prepayment facility of up to US$200m (the “US$200m Facility”) previously referenced in the June 20 Release.
TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is delighted to announce that on June 20, 2025, the Company has agreed in principle to the terms and conditions (the “Term Sheet”) for a copper concentrates prepayment facility of up to US$200m (the “Facility”) offered by Trafigura Pte Ltd. (the “Lender”), subject to conditions summarised below. This Facility is aimed to secure the financial requirements needed by the Company to complete all necessary permitting and further investment over the next 18 months to advance the Rovina Valley copper-gold project (the “Project”). The Lender intends to assist in syndication of a consortium to provide the Company with additional debt component of up to US$200m upon reaching the construction phase of the Company's Rovina Valley Project.
TORONTO, June 18, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to provide the voting results from its 2025 annual general meeting of shareholders in accordance with the policies of the Toronto Stock Exchange.
TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is proud to announce that the company's Rovina Valley Project has been included on the European Union's first list of strategic assets following their May 27, 2024 call for applications under the Critical Raw Materials Act. This decision allows Euro Sun to fast-track the permitting process under new European legislative guidelines to facilitate the development of the Rovina Valley Project.
TORONTO, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) announces that it has appointed Carlo LiVolsi as an independent director of the board of director of the Company (the “Board”). Furthermore, Mr. LiVolsi will replace Mr. Neil Said as Chairman of the Board, with Mr. Said remaining as an independent director.
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