Euro Sun Mining (TSE:ESM) has released an update.
Euro Sun Mining has completed its application to the European Commission to have its Rovina Valley Project recognized as a ‘strategic project’ under the Critical Raw Materials Act, with support from the Romanian Ministry of Economy—potentially speeding up its development as a key copper supplier in the EU. Additionally, the company has converted US$725,000 of its promissory notes into common shares, strengthening its financial position and benefiting from the expertise of new shareholders with a background in global mineral project development.
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