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Eurasia Mining PLC

Publié le 31 mai 2016

Issue of Equity and Repayment of Debt

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Issue of Equity and Repayment of Debt

Eurasia Mining plc (AIM: EUA)

('Eurasia' or the 'Company')

Issue of Equity

Repayment of Debt

Eurasia Mining plc ('Eurasia' or 'the Company'), the PGM exploration and development company focused on Russia, announces that it has issued 9,090,909 Ordinary Shares of 0.1 pence at 0.55 pence per share (the 'New Shares') in settlement of invoices for various services. In addition the Company confirms that is has repaid the loan of £250,000 (plus charges) provided by Sanderson Capital Partners Limited earlier this year, more details of which are set out in the announcement dated 12 February 2016.

Application will be made for the New Shares, which rank pari passu with all existing ordinary shares, to be admitted to trading on AIM ('Admission'). Admission is expected to take place on or around 3 June 2016.

Following the issue of the New Shares the number of Ordinary Shares in issue will increase to 1,404,954,237. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ('DTRs'), the issued ordinary share capital of the Company following this allotment consists of 1,404,954,237 Shares with voting rights attached (one vote per Share). There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Eurasia under the DTRs.

Enquiries:

Eurasia Mining Plc

Christian Schaffalitzky/Michael de Villiers

+44 (0)207 932 0418

WH Ireland Limited

Katy Mitchell/Nick Prowting

+44 (0)161 832 2174

Beaufort Securities

Elliot Hance

+44 (0)207 382 8300

John Beresford-Peirse

+44 (0)207 628 1128

Lire la suite de l'article sur www.publicnow.com

Eurasia Mining PLC

PRODUCTEUR
CODE : EUA.L
ISIN : GB0003230421
Suivi et investissement
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Eurasia M est une société de production minière de nickel et de palladium basée au Royaume-Uni.

Eurasia M est productrice de nickel, de palladium, de cobalt, de cuivre, d'ilmenite, d'or, de platine, de rhodium, de titane et de vanadium in Russia.

Ses principaux projets en production sont KOLA PENINSULA et KOLA PENINSULA in Russia et ses principaux projets en exploration sont URALS PLATINUM PROJECT et URALS BEDROCK in Russia.

Eurasia M est cotée au Royaume-Uni. Sa capitalisation boursière aujourd'hui est 14,8 milliards GBX (17,7 milliards US$, 15,5 milliards €).

La valeur de son action a atteint son plus haut niveau récent le 15 mai 1998 à 95,00 GBX, et son plus bas niveau récent le 24 novembre 2017 à 0,00 GBX.

Eurasia M possède 1 858 369 208 actions en circulation.

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Communiqués de Presse de Eurasia Mining PLC
01/08/2016Loan Agreement and Issue of Equity
28/07/2016Platinum refining and sales agreements
27/07/2016West Kytlim Mining operation update - July 2016
14/07/2016Audited results for the year ended 31 December 2015
13/07/2016Annual Results
04/07/2016Semenovsky Tailings Project & receipt of assays
30/06/2016Result of AGM
21/06/2016Mining start-up at West Kytlim
07/06/2016Annual Results for the 12 months ended 31 Dec 2015
31/05/2016Issue of Equity and Repayment of Debt
25/05/2016Contract Mining at West Kytlim
12/05/2016Issue of Equity
14/04/2015Business Milestone & Strategic Plan Update
27/11/2014Mining Licence Update
22/10/2014Award of Discovery Certificate
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