IN BRIEF: European Metals reports wider loss; Cinovec project advances

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European Metals Holdings Ltd - Czechia-focused mineral exploration and development company - On Friday, reports a pretax loss for the first half of the period ended June 30 of AUD3.2 million, about £1.7 million, up 14% from AUD2.8 million the previous year. Share of loss of equity accounts investee AUD1.8 million, up 29% from AUD1.4 million. Share-based payments were AUD9.2 million, up from nothing. Foreign exchange gain was also AUD12.1 million, down 84% from AUD76.9 million. Says significant progress was made in advancing the Cinovec Lithium Project.

Current stock price:12.00 pence

12-month change: up 33%

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