Business
Military Metals to Appeal Government Decision Regarding Trojarova License
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Military Metals Corp. (CSE: MILI) (FSE: QN90) (the "Company") today received an unscheduled review and formal decision (the "Decision") from the Ministry of the Environment of the Slovak Republic (the "Ministry") cancelling the Company's exploration license on its Trojarova Antimony-Gold Project (the "Project") in Slovakia (the "Permit"). The Company is currently reviewing the Decision in detail and assessing the full scope and...
About this update from Military Metals Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - Military Metals Corp. (CSE: MILI) (FSE: QN90) (the "Company") today received an unscheduled review and formal decision (the "Decision") from the Ministry of the Environment of the Slovak Republic (the "Ministry") cancelling the Company's exploration license on its Trojarova Antimony-Gold Project (the "Project") in Slovakia (the "Permit").","length":457,"tagName":"p"},{"type":"text","content":"The Company is currently reviewing the Decision in detail and assessing the full scope and implications of the Decision. The Company does not accept the Decision, and views it as being without appropriate justification, and will pursue all legal avenues available to it, including but not limited to an appeal to the Minister of the Environment, required to be submitted within 15 days of the date of the Decision. The Company is committed to restoring its rights in respect of the Property, and will keep its shareholders and the public informed as the appeal process develops.","length":578,"tagName":"p"},{"type":"text","content":"The Company notes that the Ministry, in preparing and submitting to the European Commission Slovakia's National Program for the Exploration of Critical Mineral Raw Materials of the Slovak Republic (the "National CRM Program") pursuant to Article 19 of Regulation (EU) 2024/1252 of the European Parliament and of the Council, which establishes a framework to ensure a secure and sustainable supply of critical raw materials in Europe, expressly identified and included the Trojárová Project as one of the Slovak Republic's designated exploration areas focused on critical raw materials, specifically antimony, within Slovakia's official list of selected designated CRM exploration territories as of February 20, 2025. The Company interpreted the Ministry's express inclusion of the Trojárová Project within this report regarding an official national program - prepared in response to the European Parliament's critical raw materials framework - as a clear recognition by the Ministry of the importance of the Trojárová Project to Europe's long-term critical minerals supply security. In that context, the Company regards the Ministry's decision to cancel the Permit in respect of the Tr...