22 March 2024
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.
On 6 March 2024, the Company
announced the state of the dispute and the ongoing legal
discussions, related to communications received from third parties
in response to the announcement of 15 November 2023.
On 13 March 2024, following a further
hearing at which representations were made on behalf of these third
parties, the Court gave directions for further consideration of the
question of whether the share certificates should be released. It
is currently anticipated that a Court hearing will be held in June
2024, at which the Court will determine the matter, and whether the
share certificates can be released to Queeld and
Mispare.
Eurasia's position is neutral, and it
will abide by any Order made by the Court in due course.
For further information, please
contact:
Eurasia Mining Plc
Christian Schaffalitzky
info@eurasiamining.co.uk
SP
Angel Corporate Finance LLP (Nomad and Broker)
Jeff Keating / David Hignell / Adam
Cowl
+44 (0)20 3470 0470
Yellow Jersey PR (Financial PR)
Charles Goodwin / Shivantha
Thambirajah
+44 (0)207 932 0418
eurasia@yellowjerseypr.com
