Business
Memorandum of Understanding Signed with Czech Govt
Memorandum of Understanding Signed with Czech Govt.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n \nRNS Number : 4522S European Metals Holdings Limited 02 October 2017 \n\n \n2 October 2017 For immediate release\n \n \nEUROPEAN METALS HOLDINGS LIMITED\nMemorandum of Understanding Signed with Czech Government\n \nEuropean Metals Holdings Limited (\"European Metals\" or \"the Company\") (ASX & AIM: EMH) is pleased to announce the signing of a Memorandum of Understanding (\"MoU\") with The Ministry of Industry and Trade of the Czech Republic regarding the development of the Cinovec Project.\nThe MoU was signed today in Usti nad Labem between the Minister of Industry and Trade, Jiri Havlicek and the Company, in the presence of the representatives of the Australian Embassy and Australian Trade and Investment Commission, 1st Deputy Governor of Usti Region Mr Martin Klika, president of the Tripartite of Usti Region, Mrs Gabriela Nekolova, Chairman of the Regional Bureau of Czechinvest Mrs Alena Hajkova, Chairman of the Regional Mining Bureau Mr Milos Matz, Mayor of the Town of Dubí Mr Petr Pipal and other guests.\nHIGHLIGHTS\nThe MoU expresses mutual willingness to:\n\n\n\n\n· work together to maximise downstream processing options within the Czech Republic;\n\n\n\n\n· investigate suitable locations for processing facilities for the Cinovec Project to minimize impacts on the community and environment but maximize positive impacts on the economy and employment of persons of the area surrounding the Cinovec Project;\n\n\n\n\n· co-operate to ensure all regulatory requirements are met, using best practices, and work together to ensure all permi...