Eurasia Mining PLC Update regarding Annual Report and Suspension
June 27 2024 - 10:20AM
RNS Regulatory News
RNS Number : 2160U
Eurasia Mining PLC
27 June 2024
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.
27 June 2024
Eurasia Mining
Plc
Update regarding Annual
Report and Suspension
Eurasia Mining Plc ("Eurasia" or the
"Company"), the palladium, platinum, rhodium, iridium and gold
mining company, announces that as a result of audit delays due to
more complex procedures in relation to concentrate stock
confirmation and also an upgrade of local accounting systems,
publication of the Company's Annual Report and Accounts for the
year ended 31 December 2023 (the "Annual Report") will be
delayed.
The auditor has advised the Company
that approximately four more weeks will be required to complete the
audit. The Directors and the Audit Committee have assessed the
matter in detail and have strong confidence that this is a
realistic estimate.
As a result, the Annual Report will
not be published by 30 June 2023, being the deadline provided by
Rule 19 of the AIM Rules for Companies (the "AIM Rules"), and
trading in the Company's ordinary shares on AIM will be suspended
with effect from 7.30am on Monday 1 July 2024. The Company will
provide further updates regarding the status of the Annual Report
as appropriate.
In accordance with Rule 41 of the
AIM Rules, the admission of the Company's shares to trading on AIM
will be cancelled if the Company's shares are suspended from
trading for six months.
For further information, please
contact:
Eurasia Mining Plc
Christian Schaffalitzky
+44 (0)207 932 0418
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
UPDSEAFLWELSEFM
Eurasia Mining (LSE:EUA)
Historical Stock Chart
From Nov 2024 to Dec 2024
Eurasia Mining (LSE:EUA)
Historical Stock Chart
From Dec 2023 to Dec 2024