RE: Prospectus for sale3 Jul 2023 10:50
Engineering, Procurement, and Construction (EPC) is James speciality, task complete if he also was bought in tasked with the asset sale of Eurasia ming then y'all best be prep'd for more good/bad news depending on which side of the fence you sit?
Board Appointment
The Board of Eurasia Mining plc is pleased to announce the appointment of Anthony James Nieuwenhuys as an non-executive director of the Company with immediate effect. James has held senior positions including Chief Operating Officer at Polyus Gold, and is currently Chief Executive Officer at South African Lesego Platinum Mining Limited. James has also held senior positions at a number of other key EPC organisations, so the directors believe that the appointment of Mr. Nieuwenhuys will be a great addition to the board.
In the Company's announcement of 16th September 2019, it was noted that the appointment of Mr. Nieuwenhuys to the board would only occur if a potential transaction with Lesego Platinum was to progress. The Company would like to reiterate that there has been a change of approach at board level, and at this stage, there is no intention to enter into any arrangement with Lesego, although both companies continue to keep this under review. Instead, the Directors believe that the experience of Anthony and his contacts, especially among PGM and gold producers in Russia, China and South Africa, could be beneficial for the Company as it continues to explore potential options for the Company's assets including a potential sale of the Company's mining assets. However, as previously stated, there can be no guarantee that any transaction, with any party, will occur.
The details required pursuant to the AIM Rules for Companies, in relation to this announcement, are set out below.