Palladium holding strong1 May 2020 00:46
And EUA still looking to dispose of assets, it's all just a matter of time . . . . . tick tock, tick tock, tick tock -
"Alexander will be working closely with the Directors of Eurasia, Mr Alexei Churakov as well as with the banks as the Company is working on a potential disposal of the Company's assets as announced on 24 October 2019. There can, however, be no guarantee that any transaction will occur.
Alexander will not receive a salary for his role. However, it is noted that Alexander will receive 10% share in Deloan Investments Limited ("Deloan"), a Company owned and controlled by Dmitry Suschov (Director of the Company), which holds a 10.42% interest in the Company. This will help avoid the dilution of the shareholders and will allow the right success oriented motivation of Alexander."
GLA