AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

EURASIA MINING PLC

Share Issue/Capital Change Feb 6, 2015

7631_rns_2015-02-06_93eff916-f04d-412e-b28b-494144a31c3c.html

Share Issue/Capital Change

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 2634E

Eurasia Mining PLC

06 February 2015

The following amendments have been made to the 'Issue of Equity and Directors Dealings' announcement released on 3 February 2015 at 16.21 under RNS No 9537D.

The total number of shares issued should be 21,490,910, not 21,490,909 as previously stated. In addition, the phrase 'of which 18,545,455 has been issued to' clarifying the number of shares issued to directors Dmitry Suschov and Christian Schaffalitzky as part of this placing was omitted in error.

All other details remain unchanged.

The full amended text is shown below.

Eurasia Mining plc

("Eurasia" or the "Company")

Issue of Equity

Directors Dealings

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM exploration and development company focused on Russia, announces that it has issued 21,490,910 Ordinary Shares of 0.1 pence at 0.55 pence per share (the "New Shares"), of which 18,545,455 has been issued to directors Dmitry Suschov and Christian Schaffalitzky, to raise £92,000 and £10,000 respectively.

In addition, 2,945,455 New Shares are being issued at 0.55 pence per share in settlement of invoices for various services, to raise £16,200. The funds will be used for working capital purposes.

Name Number of New Shares Total Number of Ordinary Shares held Percentage of total issued share capital
Dmitry Suschov 16,727,273 281,558,049 24.92%
Christian Schaffalitzky 1,818,182 33,134,300 2.93%

Dmitry Suschov is deemed to have an interest in 281,558,049 Ordinary Shares representing 24.92% of the issued share capital of the Company, of which 234,500,000 Ordinary Shares are held by Deloan Investments Limited, a company controlled by Mr Suschov.

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 9 February 2015.

Following the issue of the New Shares the number of Ordinary Shares in issue will increase to 1,129,710,784. 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 1,129,710,784 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.

For more information please contact:

Eurasia Mining:

Christian Schaffalitzky / Michael de Villiers

Tel: +44 (0) 207 932 0418

Katy Mitchell, WH Ireland Limited

Tel: +44 (0) 161 832 2174

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUGUAPPUPAGUQ

Talk to a Data Expert

Have a question? We'll get back to you promptly.