GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full 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: 1.85
Bid: 1.80
Ask: 1.90
Change: -0.10 (-5.13%)
Spread: 0.10 (5.556%)
Open: 1.925
High: 1.925
Low: 1.70
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

No impact from the new Sanctions

25 Feb 2022 07:00

RNS Number : 7864C
Eurasia Mining PLC
25 February 2022
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

 

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.

 

25 February 2022

 

Eurasia Mining Plc

 

No impact from the new Sanctions

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company announces that the Company has reviewed the UK, EU and US sanctions (the "Sanctions") as of this morning UK time. There is no impact on Eurasia's operations or activities. No individual or entity identified in the Sanctions is associated with the Company in any way. The Directors would like to highlight the following:

· Eurasia has no bank accounts with Russian state-owned banks.

 

· The Company also has no relationship with any Russian state-owned banks.

 

· Eurasia's production (palladium, platinum, rhodium, iridium and gold) from the operating mines is sold in the domestic market at prices with a market discount to the LME prices fixed in USD, while the costs are mainly fixed in Roubles, whereby a weakening Rouble exchange rate has a positive impact on the bottom line of the Company.

 

· The Sanctions do not prevent the Company from executing on its strategy as announced.

 

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.

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCTIMBTMTBTTRT
Date   Source Headline
26th Jun 20134:03 pmRNSResult of AGM
5th Jun 20137:00 amRNSCommencement of Drilling at Kola
29th May 20131:08 pmRNSFinal Results
10th May 20137:00 amRNSDrilling results update: West Kytlim
12th Apr 20131:23 pmRNSReplacement: Exploration Update
12th Apr 201312:47 pmRNSExploration Update: Russian Platinum Projects
4th Jan 201311:09 amRNSExtension of Monchetundra Licence
23rd Nov 20127:00 amRNSProgress Report on West Kytlim Exploration
27th Sep 20127:00 amRNSHalf Yearly Report
29th Jun 20123:12 pmRNSResult of AGM
28th May 201211:20 amRNSFinal Results
4th Apr 20123:02 pmRNSIssue of Equity
4th Jan 20124:15 pmRNSShare Price Movement
30th Nov 20117:00 amRNSTotal Voting Rights
7th Nov 20114:45 pmRNSIssue of Equity
28th Sep 20117:00 amRNSCompletion of Placing
12th Sep 20114:02 pmRNSExploration Update - West Kytlim
12th Sep 201112:00 pmRNSExploration Update: West Kytlim - Replacement
9th Sep 20117:00 amRNSHalf Yearly Report
8th Sep 20112:26 pmRNSExploration Update: West Kytlim
2nd Aug 201112:59 pmRNSTotal Voting Rights
5th Jul 20113:12 pmRNSIssue of Equity
30th Jun 20112:07 pmRNSResult of AGM
30th Jun 20117:00 amRNSTotal Voting Rights
6th Jun 20117:00 amRNSFinal Results
20th May 20113:03 pmRNSIssue of Equity
19th Apr 201110:03 amRNSExercise of Warrants
31st Mar 201112:00 pmRNSTotal Voting Rights
29th Mar 201111:13 amRNSDrilling Update
14th Mar 201110:55 amRNSIssue of Equity
14th Mar 20117:51 amRNSUpdate: Kamushan
1st Mar 201112:13 pmRNSIssue of Equity
2nd Feb 20113:53 pmRNSDirector/PDMR Shareholding
31st Jan 201112:36 pmRNSTotal Voting Rights
27th Jan 20117:41 amRNSDirector/PDMR Shareholding
19th Jan 20111:49 pmRNSIssue of Equity
17th Jan 20117:31 amRNSExecution of Memorandum of Understanding
11th Jan 20119:23 amRNSIssue of Equity
31st Dec 20108:42 amRNSTotal Voting Rights
21st Dec 201012:59 pmRNSIssue of Equity - Replacement
21st Dec 201010:52 amRNSIssue of Equity
15th Dec 20102:00 pmRNSLicence Extension and Drilling Update
30th Nov 20109:58 amRNSTotal Voting Rights
17th Nov 20108:16 amRNSIssue of Equity
12th Nov 20104:57 pmRNSIntention to Collaborate
3rd Nov 201010:38 amRNSIssue of Equity
29th Oct 20101:04 pmRNSTotal Voting Rights
29th Oct 201010:52 amRNSExtension of West Kytlim Licence
6th Oct 20109:01 amRNSIssue of Equity
24th Sep 20101:03 pmRNSHalf Yearly Report

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.