Issue of Equity

RNS Number : 0624Y

Eurasia Mining PLC

26 August 2009

 



Eurasia Mining plc

('Eurasia' or the 'Company')

Issue of Equity

The Company is pleased to announce that it has raised £50,000 by way of a placing of 5,000,000 new ordinary shares of 0.1p each ('Placing Shares') at 1p per share (the 'Placing').

Application will be made for the Placing Shares to be admitted to AIM and dealings in the Placing Shares are expected to commence on 4 September 2009.

The total number of issued ordinary shares in the Company, including the Placing Shares, will be 302,560,964 Ordinary Shares. 

The proceeds of the Placing will be used to fund the ongoing exploration activities of the Company.

For more information please contact:

Eurasia Mining
Christian Schaffalitzky / Michael de Villiers	Tel: [phone]
Katy Mitchell, WH Ireland Limited	Tel: [phone]

 

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