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3 November 2023
Eurasia Mining Plc
Response to speculation
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold mining company, provides an update following speculation resulting from service of a winding up notice on or around 25 October 2023 by Gowling WLG (UK) LLP, the Company's former legal advisers.
The Company confirms that it received the winding up petition today. The matter relates to unpaid invoices, amounting to approximately £108,000 that are in dispute, and hopes that the matter can be resolved amicably and without recourse to further legal proceedings. The Company is taking legal advice in relation to the matter and further updates will be provided as appropriate.
10 May 2023
Eurasia Mining Plc
Response to media comment
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company notes recent media speculation regarding the alleged concerns of the Directors about the cash and cash equivalent position of the Company. The Directors wish to re-iterate that nothing has changed materially to Eurasia's cash and cash equivalent position since the Company's announcement of 11 April 2023. The Directors have full confidence in the Company and its assets.
A copy of this announcement is also available on Eurasia's website at:
https://www.eurasiamining.co.uk/investors/news-announcements
Toffers.. your like a child on Xmas Day, so excited by this news aren't you! You haven't stopped posting non stop since Friday.. Smiling away while you tap dozens of posts.....You do suffer from terrible self esteem don't you....your only happy when you think something very negative will happen to this share! You wallow in other people's misfortune.. .and your the most happiest everything this sp goes down
Rickstars 95 posts in 30 days for a share they are not invested in
B1II 103 posts in 30 days for a share they are not invested in
Wow
Seriously have you been to your GP or reached out for support....This is not natural behaviour
CREDIBLE PARTY STILL IN NEGOTIATIONS
SUFFICIENT CASH FOR THE YEAR
NO UPDATE ON NON OWNED DEPOSITS
NEW CEO AFTER SALE OF ASSETS
NYUD – NO FINAL DECISION
COURT CASES – LOGIC – SETTLED. Q+M – CAN’T COMMENT ON ONGOING COURT CASE
NDA’S – VARIABLE AND NEW ONES SIGNED IN JUNE. 1 TO 3 YEAR TIME LINE
ANNUAL REPORT – MUCH TOUGER THIS YEAR – HENCE THE DELAY
OPTIONS – CHURAKOV ‘S CANCELLED
SALE PROCESS – BOD FOCUSSED ON THE SALE – MADE CLEAR MULTIPLE TIMES
JN LEAVING – EPC SPECIALIST SO NOT CURRENTLY NEEDED
NO ROYALTY PAID
DFS – LEGAL PROCEDURES NEED TO BE FOLLOWED BEFORE IT CAN BE PUBLISHED
RESOLUTIONS 6+7 – CRITICAL YEAR. HOPE TO FINALISE THE SALE SO OPTION NEEDS TO BE THERE IN CASE IT’S NEEDED
MT FLANKS – MKT WORK ONGOING
JORC – SUBJECT TO RUSSIAN SYSTEM AND WILL BE PUBLISHED WHEN DFS IS RELEASED
SUBSIDIARIES – MONEY CAPITALISED AS LOANS – PRE-WAR EXPENDITURE. NO INTERUNTIONS TO OPERTAIONS AT ALL IN RUSSIA
AM – VALUED MEMBER OF THE ABOARD SINOSTEEL – NOT CONSIDERING AS SALE IS WHAT THEY WANT BUT IS STILL AN OPTION
PGM STOCKPILE – WILL BE SOLD
SALE CONFIDENCE – VERY HOPEFUL IT WILL BE COMPLETED THIS YEAR
GOOD RELATIONSHIP WITH RUSSIAN AUTHORITIES – NOT ENCOUNTERED ANY SERIOUS OBJECTIONS AND THEY’RE IMPRESSED WITH THE AUTHORITIES
CS – SIGNIFICANT SHAREHOLDER AND AT 70 YEARS OLD DESERVES A RESTDIVIDEND – WILL BE PAID UPON SALE OF ASSETS
DRAG LINE PERFORMING VERY WELL AND IS CURRENTLY STOCK PILING ORE AFTER SOME MINOR GLITCHES EARLY ON
SIGNIFICANT SAVINGS BEING MADE USING ELECTRIC
EURASIA V2 – MOVING INTO H2 AND RENEWABLE ENERGY. STILL IN DEVELOPMENT
HANDS TIED WITH RESTRICTIONS REGARDING THE BUYER
LARGE SHAREHOLDERS NO BETTER INFORMED THAN PI’s
NEW CEO TO BE APPOINTED AFTER SALE IS COMPLETED
STILL NOT DIRECTLY AFFECTED BY SANCTIONS
BOD MUST PROTECT TRHE INTERESTS OF ALL SHAREHOLDERS