Nuclear Vision Acquires Manganese Carbonate Projects in Slovakia’s “Battery Belt”
Nuclear Vision Limited (“Nuclear Vision” or the “Company”)(CSE: NUKV) is pleased to announce that, further to its news release of January 21, 2026, it has paid an aggregate of €100,000 and issued an aggregate of 10,000,000 common shares of the Company (each, a “Share”) at a deemed price of $0.24 per Share pursuant to the assignment of option agreement and consent to assignment dated January 21, 2026 (the ”Assignment Agreement”) with Private Equity Pty and Kluane Capital FZCO (together, the “Assignor”), both of which are arm’s length parties to the Company, whereby the Assignor assigned to the Company all of its rights, title and interest in an existing option to purchase agreement dated January 14, 2026 (the “Option Agreement”) with VMS Exploration S.R.O. (“VMS”) (the ”Acquisition”). Under the Option Agreement, the Assignor held an option to acquire a 100% interest in two manganese carbonate projects, Svabovce and Michalova (together, the “Projects”), located in the heart of Slovakia’s emerging “Battery Belt”. The Company has agreed to assume the obligations of the Assignor under the Option Agreement.
Mar 16, 2026 &03171616202631; 16:17 UTCwww.bnnbloomberg.caTrending 2/5
Nuclear Vision Limited acquired manganese carbonate projects in Slovakia's Battery Belt through a €100,000 cash payment and 10 million share issuance (valued at $2.4M). The acquisition positions the company in a strategic location for battery material supply as Europe accelerates its EV and energy storage transition.
AI CONFIDENCE
72% High
SENTIMENT GAUGE
NEWS POWER SCORE
AFFECTED ASSETS
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NUKV
NUKVStock
Expected to rise
Strategic acquisition of manganese carbonate projects in high-demand Battery Belt region; positions company for battery material supply growth as EV adoption accelerates in Europe
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Oil (WTI Crude)
CL=FCommodity
Expected to rise
Manganese carbonate demand likely to increase with European battery production expansion; commodity prices may benefit from supply chain development
PRICE HISTORY
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⚡ SUGGESTED ACTION
Monitor NUKV for project development updates and manganese market dynamics. The Battery Belt positioning offers medium-term upside if European battery manufacturing accelerates, but track dilution impact and project advancement timelines closely.
KEY SIGNALS
Strategic positioning in Slovakia's Battery Belt during EV boomManganese carbonate acquisition aligns with European battery supply chain localizationRelatively modest capital deployment ($2.4M equivalent) for strategic assetAssumption of existing option agreement reduces execution riskShare dilution of 10M shares at $0.24 is material but justified by strategic value
SECTORS INVOLVED
Materials & MiningBattery TechnologyElectric VehiclesClean Energy
Analysis generated on Mar 16, 2026 at 12:28 UTC
Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by BNN Bloomberg. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
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Financial Post
Mar 16, 11:06
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