Krupa Global Investments is a private firm with a focus on investment opportunistic growth. We implement impactful projects with a so-called activist approach to fix companies that are being mismanaged due to actions of management and/or majority shareholders. Our goal with this strategy is to achieve significant positive changes in strategy, financial structure or management in a short period of time thus allowing significant stock price increases and thus giving us a strong return on investment. Our vision is to fight for the rights of ordinary shareholders at publicly traded companies. We only select investment opportunities with the potential to appreciate in the tens of percent annually due to their quality and dynamic growth
The Board of European Metals Holdings Limited ("European Metals" or "the Company") confirms that it received on 15 January 2019 a letter from Krupa Global Investments (KGI) purporting to make an indicative offer on behalf of the Ceske Litihium company (a member of the KGI Group) to "purchase the lithium mining and processing project at Cinovec". The purported inidcative offer letter however does not contain any detail with regards to price, terms or conditions. In light of the absence of this information European Metals does not consider this to be an offer to which it can give consideration at this time. European Metals is making this announcement as it has become aware that KGI has released its letter to the Czech Press. European Metals has had no discussion with KGI on this matter.