cap raise, page-78

the official announcement you posted is only half the story!
The lawyer H. Ragger and the manager Mr. Wanke have expressed themselves differently in the Austrian newspapers!
What is true now what the newspaper write and the managers on site say, or the announcement that may be withholding an important part! ??

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The company European Lithium, which is known to produce the raw material in the Traudi tunnel in the municipality of Frantschach-St. Gertraud, has reached an agreement with Glock Gut- und Forstverwaltung GmbH. In order to achieve this, it was agreed that the main entrance of the mine WILL be moved away from Glock’s property. European lithium lawyer Christian Ragger: "There are two possible locations for the new entrance, negotiations are ongoing."

https://unterkaerntner.at/wirtschaft/ueberregional/european-lithium-einigt-sich-mit-glock-eingang-des-abbau-stollens-wird-an-andere-stelle-verlege/

and here:

European Lithium has to pay a heavy fine
Reason: Violation of the ban on market manipulation.
The financial market supervisory authority (FMA) announced on Wednesday that a fine of 160,000 euros will be imposed on the company European Lithium for violating the ban on market manipulation. The FMA's justification is “the dissemination of information and messages that have sent false and misleading signals to the market in relation to a financial instrument”.
According to Dietrich Wanke from European Lithium, the background to this is the legal dispute that the Australian company has had over several years with Glock Gut- und Forstverwaltung as the owner of the property. And, according to Wanke, the statement made in 2019 by a now former manager that there were no legal proceedings. A report that, from the FMA's point of view, is to be regarded as misleading for shareholders.
Punishment disproportionate "
Wanke sees “the high fine” as “disproportionate”. As a consequence, European Lithium has deregistered from the Vienna Stock Exchange and is now only listed in Sydney and Frankfurt. It was "just a service for the Austrian shareholders" anyway

Second tunnel entrance
As a consequence, a second tunnel entrance has to be created. The main entrance will probably not be on the property of Glock, as originally planned by European Lithium.


https://www.neue.at/allgemein/2021/06/16/european-lithium-muss-hohe-strafe-zahlen.neue