Member Info for chriszzr

From the Daily Express 10 minutes ago

"Volodymyr Zelensky, Ukraine's President, has unveiled a 10-point peace plan to world leaders gathered at the G20 summit in Indonesia, sparking hopes of an end to the war with Russia. Mr Zelensky is seeking assurances about nuclear weapons, food safety and energy."

The shares do not get cancelled if the deal is not completed by May 27 2023, they will be suspended from trading until the BOD can find another deal. Take BOU as an example, came back with a deal and became CIZ.
Shares will only be totally cancelled if the co is liquidated

Vela's use of the technology is targeted at Covid treatment for diabetics, a much smaller target market than the lung cancer development for Ciz
We should hopefully see a much higher return in the long term

Not a lot happening today
No trades or chat posts either!

Someone or an entity is quietly buying a decent stake in this company.
At some point they will have to identify themselves, then the fun might really start.

The UT at close looks a little bit "manipulated", totally at odds with the day's trading
Plenty of shares changing hands over the last few days

RMR
thanks for that update

There is a discrepancy between the share options per the accounts (and listed on the website) and as detailed in the RNS

at .42p per accounts 55m per RNS 62m
at .60p per accounts 40m per RNS 47m
at .90p per accounts 35m per RNS 42m
Total per accounts 130m per RNS 151m

can anyone explain the differences ?

The RNS states 151m options have been extended, but there were only 130m originally !

2 November 2022

Eurasia Mining Plc

Extension of Company Options

Eurasia Mining plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, announces that it has extended the expiry date on a class of share options which were granted to certain Directors, employees and a substantial shareholder on 2 November 2018 with a three-year term.

The expiry date on 151,000,000 share options, with a range of exercise prices (the "Options") has been extended for a period of six months from 2 November 2022 to 2 May 2023 (the "Options Extension")

Related Party Transaction

As 40,000,000 of the Options are held by Christian Schaffalitzky, the Company's Executive Chairman and Dmitry Suschov, a substantial shareholder in the Company (the "Related Parties"), the Options Extension constitutes a related party transaction under Rule 13 of the AIM Rules.

The Options which are held by the Related Parties are summarised in the table below:

Related Party

Options exercisable at 0.42 pence expiring 2 May 2023

Options exercisable at 0.60 pence expiring 2 May 2023

Options exercisable at 0.90 pence expiring 2 May 2023

Total Options

Christian Schaffalitzky

10,000,000

5,000,000

5,000,000

20,000,000

Dmitry Suschov

10,000,000

5,000,000

5,000,000

20,000,000



Accordingly, the Company's directors who are independent of the Options Extension (being all directors with the exception of Christian Schaffalitzky) consider, having consulted with the Company's nominated adviser, that the terms of the Options Extension are fair and reasonable insofar as shareholders of the Company are concerned.

Outstanding Options and Warrants

As a result of the Options Extension, the Company has the following outstanding share options and warrants:

· 62,000,000 options exercisable at 0.42 pence, expiring on 2 May 2023;

· 47,000,000 options exercisable at 0.60 pence, expiring on 2 May 2023;

· 42,000,000 options exercisable at 0.90 pence, expiring on 2 May 2023;

· 53,306,751 warrants exercisable at 26.5 pence, expiring 20 May 2024; and

· 41,551,563 warrants exercisable at 26.0 pence, expiring 20 September 2024.

A copy of this announcement is also available on Eurasia's website at:

https://www.eurasiamining.co.uk/investors/news-announcements

Does anyone have a breakdown of the options for staff and advisors ?

Options
Valid to Number outstanding
Executive and Non- executive Directors 02/11/2022 25,000,000
Advisors and staff 02/11/2022 105,000,000

Article from Northerminer

"Spac started by ex-Rusal M&A wiz hunts for green metals giant
ACG Acquisition (LSE: ACG), a new company founded by a mining executive who helped create aluminum giant Rusal, says it plans to buy a critical minerals producer valued at several hundred million dollars as soon as possible.The new asset will..."

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Interesting article that ties in nicely with the recent update on potential interest from Indian and Chinese buyers
We might yet see a positive outcome

Is that an 8m short closing ?

My worry is that China will just reverse engineer it as they appear to do with most things

For a TR1 RNS to be published a shareholder has to declare the information to the Company, the BOD may not be aware who has bought or sold the 14m shares at present

At 2p ?

The published accounts state 130m of options

As a LTH I would be quite happy with a 40pps sale, remember the SP was fractions of a penny in the early days

Plenty of interest being shown late in the day