Evrima Plc Interim Results For The Six Months Ended 30 June 2023

 
TIDMEVA 
 
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY EVRIMA PLC TO 
CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION 
(EU) NO. 596/2014, AS AMENDED ("MAR"). ON THE PUBLICATION OF THIS ANNOUNCEMENT 
VIA A REGULATORY INFORMATION SERVICE ("RIS"), THIS INSIDE INFORMATION IS NOW 
CONSIDERED TO BE IN THE PUBLIC DOMAIN. 
 
29 September 2023 
 
Evrima PLC 
 
("Evrima" or the "Company") 
 
AQSE: EVA 
 
Interim Results For The Six Months Ended 30 June 2023 
 
Evrima plc the investment issuer focused on opportunities within the 
commodities, mineral exploration and development sectors is pleased to announce 
its unaudited interims results for the six months ended 30 June 2023. 
 
As of 30 June 2023, Evrima Plc maintains a diverse portfolio of both listed and 
private investments across various sectors. These investments align with the 
Company's strategic focus on opportunities within the commodities, mineral 
exploration, and development industries. 
 
Evrima's holdings in listed investments encompass a range of publicly traded 
companies, reflecting its commitment to capitalising on opportunities in the 
ever-evolving global financial markets. These investments are selected with a 
view towards maximizing returns in the current economic landscape. 
 
Additionally, the Company's portfolio includes private investments in companies 
that exhibit substantial growth potential within their respective niches. These 
investments are carefully chosen after rigorous due diligence and align with its 
long-term vision for sustained profitability and value creation. 
 
Evrima Plc remains dedicated to actively managing and nurturing these holdings, 
seeking opportunities to optimise returns and unlock value for its shareholders. 
The Company's investment strategy is rooted in its ability to adapt to the 
dynamic economic and geopolitical environment while maintaining a prudent and 
forward-looking approach 
 
Evrima continues to monitor the performance and developments of its holdings, 
striving to capitalise on favourable market conditions and seize opportunities 
as they arise. The Company's commitment to maintaining a well-balanced and 
strategically diversified investment portfolio remains unwavering. 
 
Please note that detailed information regarding individual investments, 
including specific holdings, can be found in the Company's financial reports and 
statements. 
 
The Company looks forward to providing further updates on its investment 
portfolio's performance and any notable developments in future reports. 
 
The half-yearly financial report has not been audited or reviewed by the 
Company's auditors. 
 
The Directors of the Company, who have issued this RIS announcement after due 
and careful enquiry, accept responsibility for its content. 
 
REGULATORY ANNOUNCEMENT ENDS 
 
Enquiries: 
 
Company: 
Burns Singh Tennent-Bhohi (CEO & Director) 
[e-mail] 
Simon Grant-Rennick (Executive Chairman) 
[e-mail] 
Novum Securities Limited (Corporate Adviser): 
 
David Coffman / George Duxberry: + 44 (0) 20 7399 9400 
 
Peterhouse Capital Limited (Corporate Stockbroker): 
 
Lucy Williams: [phone] 
 
Income Statement for the 6 months ended 30 June 2023 
 
                       30 June 2023    31 December 2022    30 June 2022 
 
                       Unaudited       Audited             Unaudited 
                       £               £                   £ 
Revenue                5,000           10,250              5,250 
 
Administrative         (88,537)        (166,997)           (84,379) 
expenses 
Fair value movement    (189,811)       (253,032)           (19,206) 
Loss on sale of        (51,614)        -                   - 
fixed asset 
investment 
Interest payable       -               (129)               - 
and similar expense 
 
Profit/(loss)          (324,962)       (409,908)           (98,335) 
before taxation 
 
Taxation               -               81,178              - 
 
Profit/(Loss) for      (324,962)       (328,730)           (98,335) 
the period 
 
Basic earnings per     (0.001)         (0.5)               (0.001) 
share 
Diluted earnings       (0.001)         (0.3)               (0.001) 
per share 
 
Balance Sheet as at 30 June and 31 December 
 
                           30 June      31 December        30 June 
                           2023         2022           2022 
                           Unaudited    Audited        Unaudited 
                           £            £              £ 
Fixed Assets 
Tangible assets            -            -              - 
Investments                870,973      886,884        2,172,417 
                           870,973      886,884        2,172,417 
 
Current assets             741,630      1,046,355      39,133 
Investments 
Trade and other            32,353       13,710         27,784 
receivables 
Cash and cash              172          44,386         1,307 
equivalents 
                           774,155      1,104,451      68,224 
 
Creditors: amounts         (140,395)    (161,640)      (89,419) 
falling due within one 
year 
Deferred tax               (54,780)     (54,780)       (135,958) 
Total Assets less          1,449,953    1,774,914      2,015,264 
current liabilities 
 
Capital and reserves 
Called up share capital    244,068      244,068        244,068 
Share premium account      1,360,029    1,360,029      1,360,029 
Other reserves             44,100       44,100         44,100 
Profit and loss reserve    (198,244)    126,717        367,068 
Total equity               1,449,953    1,774,914      2,015,264 
 
Statement of Changes in Equity as at 30 June 2023 
 
            Share    Share      Other     Profit and loss 
capital     premium  Reserves   Reserves  Total 
            £        £          £         £                £ 
 
Balance at  244,068  1,360,029  44,100    455,447          2,103,644 
1 January 
22 
Issue of    -        -          -         -                - 
share 
capital 
Other       -        -          -         -                - 
income 
Loss for    -        -          -         (328,730)        (328,730) 
the period 
Balance at  244,068  1,360,029  44,100    126,717          1,774,914 
31 Dec 22 
 
Balance at 1 January 22  244,068  1,360,029  44,100  126,717    1,774,914 
Issue of share capital   -        -          -                  - 
Loss for the period      -        -          -       (324,962)  (324,962) 
Balance at 30 June 2023  244,068  1,360,029  44,100  (198,244)  1,449,953 
 
Evrima Plc Material Investment Position as at 30 June 2023 
Listed Investments 
Company                                       Shares     Share Price (CAD$)1 
Premium Nickel Resources Limited (TSXV:PNRL)  822,787    $1.380 
Canadian Critical Minerals Inc (TSXV:CCMI)    1,400,000  $0.040 
Spark Energy Minerals Inc (CSE:EMIN)          500,000    $0.025 
Transition Metals Corp (TSXV:XTM)             625,000    $0.070 
Unlisted Investments 
Company                                       Shares     Share Price (CAD + £)2 
Kalahari Key Mineral Exploration Pty          3,802      £53.82 
Eastport Ventures Inc                         3,596,623  $0.30 
 
 1. Share price at 30 June 2023 
 2. Fair value assessment as at 30 June 2023 
 
 
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https://mb.cision.com/Main/22563/3844283/2326491.pdf Evrima PLC - Interims-Jun-23 FINAL 
 
 
END 
 
 

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September 29, 2023 02:00 ET (06:00 GMT)