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EUA Eurasia Mining Plc

1.45
-0.025 (-1.69%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eurasia Mining Plc LSE:EUA London Ordinary Share GB0003230421 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025 -1.69% 1.45 1.40 1.50 1.475 1.45 1.475 2,041,046 13:29:31
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 120k -5.84M -0.0020 -7.25 41.54M

Eurasia Mining PLC Replacement of Queeld & Mispare share certificates (5861T)

15/11/2023 12:51pm

UK Regulatory


Eurasia Mining (LSE:EUA)
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TIDMEUA

RNS Number : 5861T

Eurasia Mining PLC

15 November 2023

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS DEFINED IN REGULATION NO. 596/2014 (AS IT FORMS PART OF RETAINED EU LAW AS DEFINED IN THE EUROPEAN UNION (WITHDRAWAL) ACT 2018) AND IS IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 7 OF THAT REGULATION.

15 November 2023

Eurasia Mining Plc

Replacement of Queeld & Mispare share certificates

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold mining company, announces the following regarding the previously notified legal dispute with Queeld Ventures Limited and Mispare Limited,:

Queeld Ventures Limited and Mispare Limited (respectively "Queeld" and "Mispare") are registered shareholders in Eurasia Mining PLC ("Eurasia"). In or about July 2018, Queeld and Mispare applied to Eurasia for the issue of replacement share certificates in respect of their respective shareholdings.

This matter has, since December 2021, been the subject of proceedings in the High Court of England and Wales (Claim No. BL-2021-002213). The proceedings have now been stayed by consent between the parties.

By consent between the parties, an Order has been made in the proceedings. In accordance with the Schedule to that Order, replacement share certificates will be issued to be held by solicitors acting for Queeld and Mispare, to be held by those solicitors until 5 March 2024, at which point the share certificates will be released to Queeld and Mispare.

If you wish to assert that you have any claim to, or interest in, those shares, by reason of which such replacement certificates should not be released to Queeld and Mispare, you should inform the solicitors acting for Queeld and Mispare, and the solicitors acting for Eurasia, in writing, not later than 4 March 2024, indicating the nature of that claim or interest. For the avoidance of doubt, such notification will not be treated as service of proceedings for the purposes of the Civil Procedure Rules, and the contact details provided below do not constitute an agreement by Queeld, Mispare or Eurasia to accept service of proceedings by fax or by email for the purposes of the Civil Procedure Rules.

Relevant contact details are as follows:

Solicitors for Queeld and Mispare: michelle.duncan@jha.com , sam.cheesbrough@jha.com

Solicitors for Eurasia Mining PLC: felix.zimmermann@simmons-simmons.com , stephen.moses@simmons-simmons.com

For further information, please contact:

Eurasia Mining Plc

Christian Schaffalitzky / Keith Byrne

+44 (0)207 932 0418

SP Angel Corporate Finance LLP (Nomad and Broker)

Jeff Keating / David Hignell / Adam Cowl

+44 (0)20 3470 0470

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.

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END

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(END) Dow Jones Newswires

November 15, 2023 07:51 ET (12:51 GMT)

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