Last checked at 29 Jun 2017 16:55
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")
Result of Annual General Meeting
Eurasia Mining plc, the Russia focused Platinum, PGM and gold production and development company, is pleased to announce that all resolutions were duly approved at today's Annual General Meeting ("AGM")..
Speaking after the formal business of the AGM, incoming interim Chairman Christian Schaffalitzky said:
"Today our chairman Dr Michael Martineau is retiring from the board after many years of service to the Company. Michael was responsible for focusing the business on platinum, initiating a joint venture with Anglo Platinum in 2001 who worked with us for 13 years in Russia, supporting the developments which have led to the production start of the mine at our West Kytlim project and a major palladium, platinum, gold and base metals mine discovery as well as feasibility study and reserves approval at our Monchetundra project.
"We are very grateful for his role in leading Eurasia and we wish him well in his retirement. Now that we are at production stage it is a logical step to hand over the company from Michael's geological hands to production experts and will make the announcements regarding these people joining the board soon."
Enquiries:
Eurasia Mining Plc
Christian Schaffalitzky/Michael de Villiers
+44 (0)207 932 0418
WH Ireland Limited
Katy Mitchell
+44 (0)161 832 2174
Beaufort Securities
Elliot Hance
+44 (0)207 382 8300
Blytheweigh
Tim Blythe/Camilla Horsfall
+44 (0)207 138 3204
Notes to Editors
Eurasia Mining Plc is a the Platinum Group Minerals ("PGM") production, development and exploration company with an exciting portfolio of assets in Russia. It commenced its first full season (May until late October) of production from its West Kytlim mine this year. It is also continuing to develop its asset portfolio, with the Monchetundra project now at Mining Licence application stage.