Last checked at 18 May 2022 07:00
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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN EU REGULATION NO. 596/2014, INCORPORATED INTO UK LAW BY THE EUEOPEAN UNION (WITHDRAWAL) ACT 2018 AND IS IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 7 OF THAT REGULATION.
18 May 2022
Eurasia Mining Plc
New Director Appointed
Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company is pleased to announce that Artem Matyushok has been appointed as an independent Non-Executive Director of Eurasia with immediate effect.
Highlights:
· Artem Matyushok served in senior M&A roles with major Natural Resource companies: total value of M&A deals executed is over $100bn
· Mr. Matyushok has 20 years' experience in Energy & Natural Resources
· He is PhD and CIMA (UK) qualified, with strong appreciation of Corporate Governance and diversity skills obtained through various assignments
· Mr. Matyushok is a former Shell alumnus, where he participated in several development projects and later was involved in Shell's incipient Energy transition initiative including hydrogen and ammonia
AIM Disclosures
The following details in relation to the appointment of Mr Artem Vladimirovich Matyushok, aged 41, are disclosed in accordance with Schedule 2(g) of the AIM Rules:
Current directorships or partnerships | Previous directorships or partnerships in the last 5 years |
H2Transition Capital LLP | OOO Ecco Ros |
Mav Capital Ltd | China Carbon Neutral Development Group Ltd |
OOO Mav Solyushens | |
H2Transitions Capital Holdings Ltd | |
H4Transition Energy Limited |
Mr Matyushok holds no ordinary shares or options in the Company.
Christian Schaffalitzky, Executive Chairman commented: "The Directors are pleased that Artem Matyushok, a high profile M&A professional has agreed to join Eurasia. The experience of Artem and his knowledge of Eurasia can significantly speed up our Russian assets sale process".
James Nieuwenhuys, CEO and Managing Director of Eurasia commented: "We welcome Artem Matyushok on board to progress our M&A journey".
A copy of this announcement is also available on Eurasia's website at:
https://www.eurasiamining.co.uk/investors/news-announcements.
For further information, please contact:
Eurasia Mining Plc
Christian Schaffalitzky/ Keith Byrne
+44 (0)207 932 0418
SP Angel Corporate Finance LLP (Nomad and Joint Broker)
Ewan Leggat / David Hignell / Adam Cowl
+44 (0)20 3470 0470
Optiva Securities (Joint Broker)
Christian Dennis
Tel: +44 (0) 20 3137 1902
About Eurasia Mining Plc
Eurasia Mining plc is a PGM and battery metals producing company, operating the established West Kytlim Mine in the Urals, and also being the operator of the Monchetundra Project comprising two predominantly palladium open pit deposits located 3km away from Severonickel, one of Norilsk Nickel's largest base metals and PGM processing facilities, near the town of Monchegorsk on the Kola Peninsula.
Eurasia's project portfolio also includes Nittis-Kumuzhya-Travyanaya (NKT), Tier-1 scale Nickel mine formerly operated by Norilsk Nickel.
A parallel business development strategy based on the Hydrogen Economy forms a new development arm of the Company.