European Metals Limited Reports Cash Flows Results for the Second Quarter and Six Months Ended December 31, 2015; Provides Cash Flow Guidance for the Third Quarter of Fiscal 2016

European Metals Limited reported cash flows results for the second quarter and six months ended December 31, 2015. For the quarter, the company reported negative net operating cash flows were AUD 737,000.

For the six months, the company reported negative net operating cash flows were AUD 1,066,000.

For the third quarter, the company estimated cash outflows of AUD 330,000.