Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video 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: 1.95
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.10 (5.263%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 1.95
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
25th Nov 20194:35 pmRNSPrice Monitoring Extension
25th Nov 201912:30 pmRNSClarification of Understanding with CITIC & VTB
15th Nov 20194:26 pmRNSExercise of Warrants
14th Nov 201912:35 pmRNSAmendment: Exercise of Options, Warrants & Clause
13th Nov 20196:06 pmRNSExercise of Options, Warrants & Accelerator Clause
11th Nov 20194:40 pmRNSSecond Price Monitoring Extn
11th Nov 20194:35 pmRNSPrice Monitoring Extension
11th Nov 20192:28 pmRNSAlexander Sushchev Appointed as Strategic Advisor
8th Nov 20195:34 pmRNSExercise of Warrants
5th Nov 20195:20 pmRNSExercise of Options and Warrants
4th Nov 20194:41 pmRNSSecond Price Monitoring Extn
4th Nov 20194:35 pmRNSPrice Monitoring Extension
4th Nov 20192:05 pmRNSSecond Price Monitoring Extn
4th Nov 20192:00 pmRNSPrice Monitoring Extension
30th Oct 20194:45 pmRNSExercise of Warrants
30th Oct 20192:05 pmRNSSecond Price Monitoring Extn
30th Oct 20192:00 pmRNSPrice Monitoring Extension
30th Oct 201911:05 amRNSSecond Price Monitoring Extn
30th Oct 201911:00 amRNSPrice Monitoring Extension
29th Oct 20194:22 pmRNSExercise of Warrants
29th Oct 201911:05 amRNSSecond Price Monitoring Extn
29th Oct 201911:00 amRNSPrice Monitoring Extension
29th Oct 20199:05 amRNSSecond Price Monitoring Extn
29th Oct 20199:00 amRNSPrice Monitoring Extension
28th Oct 20195:36 pmRNSExercise of Warrants
28th Oct 20194:41 pmRNSSecond Price Monitoring Extn
28th Oct 20194:35 pmRNSPrice Monitoring Extension
28th Oct 201911:05 amRNSSecond Price Monitoring Extn
28th Oct 201911:00 amRNSPrice Monitoring Extension
28th Oct 20199:05 amRNSSecond Price Monitoring Extn
28th Oct 20199:00 amRNSPrice Monitoring Extension
25th Oct 20194:36 pmRNSExercise of Warrants & Trading Update
25th Oct 20192:00 pmRNSPrice Monitoring Extension
24th Oct 201911:05 amRNSSecond Price Monitoring Extn
24th Oct 201911:00 amRNSPrice Monitoring Extension
24th Oct 20199:53 amRNSEngagement with CITIC and VTB Capital
26th Sep 20197:05 amRNSInterim Report
26th Sep 20197:00 amRNSMonchetundra Flanks Application Submitted
16th Sep 20197:00 amRNSSenior Management Team Appointment
13th Aug 20197:00 amRNSMonchetundra Update Sinosteel EPC H1 2019
24th Jun 201911:12 amRNSIssue of Equity & Directors' Holdings
20th Jun 20192:12 pmRNSResult of AGM
17th Jun 20197:00 amRNSApplication for Tipil license lodged
10th Jun 20197:00 amRNSWest Kytlim Update
3rd Jun 20197:00 amRNSWest Kytlim Production Update
15th May 20197:00 amRNSAnnual Report and Accounts
10th May 201912:36 pmRNSChange of Registered Address
29th Apr 20197:00 amRNSWest Kytlim Update April 2019
18th Apr 20191:44 pmRNSStrategic Placing - Issue of Equity
26th Mar 201911:26 amRNSMonchetundra Update Sinosteel EPC Q1 2019

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.