Moscow Exchange Dual Listing Plans

RNS Number : 1923T

Eurasia Mining PLC

23 November 2021

 

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 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.

23 November 2021

Eurasia Mining Plc

Moscow Exchange Dual Listing Plans

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company notes recent media speculation about a listing of the ordinary share capital of Eurasia on the Moscow Exchange, while retaining its listing on AIM ("Dual Listing").

The Board has actively explored the potential benefits of a Dual Listing, including provision of an opportunity for Russian investors to have easier access to a facility for the trading of shares in the Company, but no decision has been made yet.

The Company will make a further announcement, when appropriate.

Christian Schaffalitzky, Executive Chairman of Eurasia commented: " While the Directors see the benefits of a Dual Listing, our priority is to execute on our 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	[phone]
Christian Schaffalitzky / Keith Byrne
SP Angel (Nominated Advisor and Joint Broker) Ewan Leggat / David Hignell / Adam Cowl	[phone]
Optiva Securities (Joint Broker) Christian Dennis	[phone]

About Eurasia Mining Plc

Eurasia Mining plc is a palladium, platinum, rhodium, iridium and gold producing company, operating the established West Kytlim Mine in the Urals, and also the operator of the Monchetundra Project comprising two predominantly palladium and nickel 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.

 

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