00:32:09 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Euro Sun Mining Inc (2)
Symbol ESM
Shares Issued 309,496,480
Close 2023-10-02 C$ 0.03
Market Cap C$ 9,284,894
Recent Sedar Documents

Euro Sun notes conclusion of Rovina case proceedings

2023-10-03 12:05 ET - News Release

An anonymous director reports

PROCEEDINGS IN EURO SUN MINING'S ENVIRONMENTAL CASE NOW CONCLUDED

Court proceedings at the Cluj-Napoca district court to annul Euro Sun Mining Inc.'s rezoning environmental endorsement for the Rovina Valley project have now concluded.

The matter was finally heard at the court on Sept. 29, 2023, after months of delay. The court did not entertain further postponements, stating that it would deliver a verdict on the process on Oct. 16, 2023. This deadline could be subsequently postponed at the court's discretion.

The company looks forward to a positive outcome as a result of its extensive legal arguments presented to the court.

The project unlocks much needed investment and job creation in Hunedoara county, and delivers critical minerals necessary for Europe's green energy transition. A positive verdict for the project could end further delays in governance procedures and propel Romania to the forefront of European critical mineral supply, supporting a future green economy and 2050 environmental targets. With the backing of local community leaders, the project remains a world-class example of mine design with one of the least environmental impacts globally.

About Euro Sun Mining Inc.

Euro Sun is a Toronto Stock Exchange-listed mining company focused on the exploration and development of its 100-per-cent-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second-largest gold deposit in Europe.

We seek Safe Harbor.

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