focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEurasia Mining Regulatory News (EUA)

Share Price Information for Eurasia Mining (EUA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.475
Bid: 1.45
Ask: 1.50
Change: 0.00 (0.00%)
Spread: 0.05 (3.448%)
Open: 1.475
High: 1.475
Low: 1.475
Prev. Close: 1.475
EUA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Exercise of Lender Warrants and TVR

14 Aug 2018 10:45

RNS Number : 7566X
Eurasia Mining PLC
14 August 2018
 

 

Eurasia Mining plc (AIM: EUA)

 ("Eurasia" or the "Company")

 

 Exercise of Lender Warrants and TVR

 

Eurasia Mining plc (AIM: EUA) ("Eurasia Mining" or the "Company") the PGMs (Platinum Group Metals) and Gold mining company announces that it has received a notice of exercise of warrants for 109,196,618 new ordinary shares in the Company by convertible loan note holder YA II PN Ltd.

As reported by RNS on 14 December 2017, the Company entered into an amendment to the US$1.25m facility arranged by Riverfort Global Capital Ltd ("Riverfort") that commenced as announced on 19 May 2017. As part of the amendment to extend the term of the loan, the Company agreed with Riverfort to issue to YA II PN Ltd 109,196,618 warrants for new ordinary shares in Eurasia Mining at an exercise price of 0.34p (the "YA Shares"). Accordingly the Company has received approximately £371,000 and issued 109,196,618 new ordinary shares. An application will be made for the YA Shares to be admitted to trading on AIM on or around 20 August 2018.

 

Total Voting Rights

Following the issue of the new shares the total number of issued ordinary shares in the Company will be 2,226,763,387 ordinary shares and consequently the total number of voting rights in the Company will be 2,226,763,387. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

 

Balance of Yorkville Advisors Loan due for Repayment

Under the convertible loan facility arranged by Riverfort and following part payment in cash of approximately £300,000 announced on 10th May 2018, shareholders are notified that approximately £487,000 will be the final amount due and payable to Yorkville Advisors which is to occur on or before 15 September 2018. Payment in full of the remaining principal and interest owing, shall be made either in cash or, at the election of the YA II PN Ltd, in new ordinary shares in Eurasia Mining at the lower of 0.34p per share and 90 per cent of the lowest daily VWAP for the five trading days immediately preceding the date of the conversion notice.

 

 

Enquiries:

 

Eurasia Mining PLC

Christian Schaffalitzky / Keith Byrne

 

Tel: +44 (0)207 932 0418

 

WH Ireland Limited (Nominated Adviser & Broker)

Katy Mitchell / James Sinclair-Ford

 

Tel: +44 (0)161 832 2174

 

First Equity Limited (Joint Broker)

Tel: +44 (0)20 7374 2212

Jason Robertson

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCSFDSULFASELA
Date   Source Headline
22nd Mar 20249:26 amRNSReplacement of Queeld & Mispare share certificates
6th Mar 20247:55 amRNSUpdate re Queeld & Mispare share certificates
11th Jan 202410:19 amRNSSupreme Court Tax Litigation Win
14th Dec 20237:00 amRNSLegal Matters - Update
7th Dec 20237:00 amRNSCorporate Update
15th Nov 202312:51 pmRNSReplacement of Queeld & Mispare share certificates
3rd Nov 20234:47 pmRNSResponse to speculation
3rd Nov 20237:05 amRNSExercise of Options
19th Sep 20237:00 amRNSInterim Results for the six months ended 30 June
26th Jul 20233:16 pmRNSResult of AGM
3rd Jul 20237:00 amRNSApproval of DFS and management changes
3rd Jul 20237:00 amRNSAnnual Results and Notice of AGM
10th May 202311:30 amRNSResponse to media comment
2nd May 202311:32 amRNSExtension of Company Options
11th Apr 202311:00 amRNSCorporate and Operational Update
6th Mar 20234:35 pmRNSPrice Monitoring Extension
2nd Feb 202310:02 amRNSExercise of Options
24th Jan 20232:24 pmRNSUpdate with respect to the Rosgeo Agreement
21st Dec 202210:05 amRNSCorporate Update
24th Nov 20224:41 pmRNSSecond Price Monitoring Extn
24th Nov 20224:35 pmRNSPrice Monitoring Extension
4th Nov 20222:06 pmRNSSecond Price Monitoring Extn
4th Nov 20222:00 pmRNSPrice Monitoring Extension
2nd Nov 20222:41 pmRNSExtension of Company Options
30th Sep 20227:00 amRNSInterim Results for the six months ended 30 June
21st Sep 202211:06 amRNSSecond Price Monitoring Extn
21st Sep 202211:00 amRNSPrice Monitoring Extension
14th Sep 20224:36 pmRNSPrice Monitoring Extension
14th Sep 20222:06 pmRNSSecond Price Monitoring Extn
14th Sep 20222:00 pmRNSPrice Monitoring Extension
9th Aug 20224:41 pmRNSSecond Price Monitoring Extn
9th Aug 20224:35 pmRNSPrice Monitoring Extension
8th Aug 20224:41 pmRNSSecond Price Monitoring Extn
8th Aug 20224:36 pmRNSPrice Monitoring Extension
28th Jul 20223:12 pmRNSResult of AGM
12th Jul 20229:00 amRNSPrice Monitoring Extension
7th Jul 20224:41 pmRNSSecond Price Monitoring Extn
7th Jul 20224:35 pmRNSPrice Monitoring Extension
7th Jul 20229:05 amRNSSecond Price Monitoring Extn
7th Jul 20229:00 amRNSPrice Monitoring Extension
6th Jul 20224:40 pmRNSSecond Price Monitoring Extn
6th Jul 20224:35 pmRNSPrice Monitoring Extension
30th Jun 202211:00 amRNSPrice Monitoring Extension
29th Jun 20227:00 amRNSAnnual Results and Notice of AGM
7th Jun 20227:00 amRNSAnnual audited accounts and AGM timing
31st May 20224:41 pmRNSSecond Price Monitoring Extn
31st May 20224:35 pmRNSPrice Monitoring Extension
18th May 20227:30 amRNSRestoration - Eurasia Mining Plc
18th May 20227:00 amRNSNew Director Appointed
17th May 20226:18 pmRNSRestoration of Trading

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.