REG - Eurasia Mining PLC - Replacement of Queeld & Mispare share certificates

Eurasia MiningAnnouncement

15/11/2023 13:00

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RNS Number : 5861T  Eurasia Mining PLC  15 November 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN REGULATION NO.
596/2014 (AS IT FORMS PART OF RETAINED EU LAW AS DEFINED IN THE EUROPEAN
UNION (WITHDRAWAL) ACT 2018) AND IS IN ACCORDANCE WITH THE COMPANY'S
OBLIGATIONS UNDER ARTICLE 7 OF THAT REGULATION.

 

15 November 2023

 

Eurasia Mining Plc

 

Replacement of Queeld & Mispare share certificates

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum,
rhodium, iridium and gold mining company, announces the following regarding
the previously notified legal dispute with Queeld Ventures Limited and Mispare
Limited,:

 

Queeld Ventures Limited and Mispare Limited (respectively "Queeld" and
"Mispare") are registered shareholders in Eurasia Mining PLC ("Eurasia"). In
or about July 2018, Queeld and Mispare applied to Eurasia for the issue of
replacement share certificates in respect of their respective shareholdings.

 

This matter has, since December 2021, been the subject of proceedings in the
High Court of England and Wales (Claim No. BL-2021-002213). The proceedings
have now been stayed by consent between the parties.

 

By consent between the parties, an Order has been made in the proceedings. In
accordance with the Schedule to that Order, replacement share certificates
will be issued to be held by solicitors acting for Queeld and Mispare, to be
held by those solicitors until 5 March 2024, at which point the
share certificates will be released to Queeld and Mispare.

 

If you wish to assert that you have any claim to, or interest in, those
shares, by reason of which such replacement certificates should not be
released to Queeld and Mispare, you should inform the solicitors acting for
Queeld and Mispare, and the solicitors acting for Eurasia, in writing, not
later than 4 March 2024, indicating the nature of that claim or interest. For
the avoidance of doubt, such notification will not be treated as service of
proceedings for the purposes of the Civil Procedure Rules, and the
contact details provided below do not constitute an agreement by Queeld,
Mispare or Eurasia to accept service of proceedings by fax or by email for
the purposes of the Civil Procedure Rules.

 

Relevant contact details are as follows:

Solicitors for Queeld and Mispare: michelle.duncan@jha.com
(mailto:michelle.duncan@jha.com) , sam.cheesbrough@jha.com
(mailto:sam.cheesbrough@jha.com)

Solicitors for Eurasia Mining PLC: felix.zimmermann@simmons-simmons.com
(mailto:felix.zimmermann@simmons-simmons.com)
, stephen.moses@simmons-simmons.com
(mailto:stephen.moses@simmons-simmons.com)

 

 

 

 

For further information, please contact:

 

Eurasia Mining Plc

Christian Schaffalitzky / Keith Byrne

+44 (0)207 932 0418

 

SP Angel Corporate Finance LLP (Nomad and Broker)

Jeff Keating / David Hignell / Adam Cowl

+44 (0)20 3470 0470

 

 

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