Oct 3 (Reuters) - European Metals Holdings Ltd EMH.AX :
* Asx Alert-European Metals raises $3 million from largest shareholder-EMH.AX
* Will raise $2.6 million via the issue of 5 million CDI's at an issue price of $0.52 per CDI
* Raised $3 million from its largest shareholder, Rare Earth Minerals Plc
* Funds raised will be utilised to further develop Cinovec project, complete company's preliminary feasibility study Source text for Eikon: ID:nASXbmfcm1 Further company coverage: EMH.AX