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(Alliance News) - Eurasia Mining PLC said on Tuesday it has received a notice to exercise warrants over 27.1 million shares.
The consideration for the exercise amounts to GBP162,400. The company's total issued share capital upon admission will be 2.55 billion shares.
Chair Christian Schaffalitzky commented: "With the warrants already exercised by today and the cash coming from the refinery in instalments on schedule, the directors are continuing to keep their dividend policy under review".
Shares in Eurasia closed up 66% at 2.95 pence in London on Tuesday.
By Lucy Heming; lucyheming@alliancenews.com
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