Exercise of Options

RNS Number : 8551K

Eurasia Mining PLC

18 December 2018

 

Eurasia Mining plc ("Eurasia" or "the Company"),

Exercise of Options

Eurasia Mining plc ("Eurasia" or "the Company"), the PGM and gold producing company, announces that it has received a notice of exercise of options over 1,742,252 ordinary shares of 0.1 pence at an option price of 0.42 pence per share (the "New Shares").

These options were exercised by employees of the Company in lieu of settlement of outstanding remuneration.

Accordingly, the Company has today issued a total of 1,742,252 New Shares, Admission has been made to admit the New Shares to trading on AIM and dealings in the New Shares are expected to commence on the 24th December 2018.

Following the issue of the new shares the total number of issued ordinary shares in the Company will be 2,371,569,430 ordinary shares and consequently the total number of voting rights in the Company will be 2,371,569,430. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

Enquiries:

Eurasia Mining Plc

Christian Schaffalitzky

[phone]

WH Ireland Limited (Nomad and Joint Broker)

Katy Mitchell / James Sinclair-Ford

[phone]

First Equity Limited (Joint Broker)

Jason Robertson

Tel: [phone]

Optiva Securities (Joint Broker)

Christian Dennis

Tel: [phone]

 

END

 

 

IOEDMMMZZRZGRZM