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Pin to quick picksEurasia Mining Regulatory News (EUA)

Share Price Information for Eurasia Mining (EUA)

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2.50    0.00 (0.00%)
Bid:
2.40
Ask:
2.60
Spread: 0.20 (8.333%)
Market Cap: £73.79m
EUA Live PriceLast checked at - London Stock Exchange

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Issue of Equity

30 Jun 2010 13:32

RNS Number : 5379O
Eurasia Mining PLC
30 June 2010
 



 

Eurasia Mining plc

 

("Eurasia" or the "Company")

 

Completion of Placing

The Company is pleased to announce that it has raised £130,000 by way of a placing of 13,000,000 new ordinary shares of 0.1p each ("Placing Shares") at 1p per share with an additional warrant for every one placing share subscribed for ("Warrant"), through WH Ireland Limited and Loeb Aron & Company Limited (the "Placing").

Application will be made for the Placing Shares to be admitted to AIM and dealings in the Placing Shares is expected to commence on 6 July 2010.

 

It is agreed that the Warrant will be exercisable at any time from the date of issue, for a period of 12 months; at a price of 1p per ordinary share.

 

The total number of issued ordinary shares in the Company, including the issue of Placing Shares, but excluding the issue of the Warrants, will be 395,019,019 Ordinary Shares.

 

The proceeds of the Placing will be used to fund the ongoing exploration activities of the Company.

For more information please contact:

Eurasia Mining

Christian Schaffalitzky / Michael de Villiers

 

Tel: +44 (0) 207 932 0418

 

Katy Mitchell, WH Ireland Limited

Tel: +44 (0) 161 832 2174

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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