News6 Apr 2022 17:14
Eurasia Mining PLC - Russia-focused mining and mineral exploration company - Incorporates 100% beneficially owned subsidiary, Kola Mining LLC, to carve out Eurasia's platinum group metals assets into a separate entity from the nickel assets being consolidated into the already incorporated Kola Nickel LLC. Executive Chair Christian Schaffalitzky says: "The directors are pleased that our structuring is approaching completion, as we work hard with DLA Piper and our other legal advisers. We are making good progress despite the current geopolitical context and a separate announcement will be provided. Contrary to speculations, the directors and the officers of Eurasia have not sold any shares and, as the largest shareholder group, are focused on the liquidity event along with all shareholders."