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REG - Eurasia Mining PLC - Exercise of Options

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RNS Number : 7480O  Eurasia Mining PLC  02 February 2023

2 February 2023

 

Eurasia Mining Plc

 

("Eurasia" or the "Company")

 

Exercise of Options

 

Eurasia Mining Plc, the palladium, platinum, rhodium, iridium and gold
producing company, announces it has issued and allotted 5,000,000 ordinary
shares of 0.1 pence each in the Company ("Ordinary Shares") following the
exercise of options at a price of 0.42 pence per Ordinary Share (the "Option
Shares") by the estate of a former Director of the Company.

 

Application has been made for the Option Shares to be admitted to trading on
AIM ("Admission") and dealings are expected to commence on or around 8
February 2023. The Option Shares will rank pari passu in all respects with the
existing Ordinary Shares of the Company.

 

Following Admission, the Company will have 2,858,559,995 Ordinary Shares in
issue. The Company has no shares in treasury, therefore the figure of
2,858,559,995 should be used by shareholders for the calculations by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.

 

 

A copy of this announcement is also available on Eurasia's website at:

https://www.eurasiamining.co.uk/investors/news-announcements
(https://www.eurasiamining.co.uk/investors/news-announcements)

 

 

For further information, please contact:

 Eurasia Mining Plc                             +44 (0) 20 7932 0418
 Christian Schaffalitzky / Keith Byrne
 SP Angel (Nominated Advisor and Joint Broker)  +44 (0) 20 3470 0470

 Jeff Keating / David Hignell / Adam Cowl
 Optiva Securities (Joint Broker)               +44 (0) 20 3137 1902

  Christian Dennis

 

 

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