Result of AGM

Eurasia Mining PLC

15 November 2024

 

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 2024

Eurasia Mining PLC

Result of AGM

Eurasia Mining PLC ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold mining company, announces the results of its Annual General Meeting held earlier today, where all resolutions were passed.

The votes were cast as follows:

Resolution	Votes for	% for	Votes against	% against	Votes withheld
1 - To receive and consider the audited accounts for the period ended 31 December 2023 together with the Directors' and the auditors' reports therein	1,149,127,007	78.64	312,208,998	21.36	576,084
2 - To authorise the Directors to appoint the Grant Thornton LLP as auditors to the Company	1,149,360,284	78.67	311,609,107	21.33	942,698
3 - To authorise the Directors to determine the remuneration of the auditors of the Company	1,146,767,844	78.50	314,101,257	21.50	1,042,988
4 - To re-appoint Tamerlan Abdikeev as a Director, who retires for reappointment in accordance with Article 47.1.2 of the Company's Articles of Association	1,138,407,304	77.98	321,401,580	22.02	2,103,205
5 - To re-appoint Kotaro Kosaka as a Director, who retires in accordance with Article 47.1.2 of the Company's Articles of Association	1,446,076,176	99.09	13,310,890	0.91	2,525,023
6 - That, in accordance with section 551 of the Companies Act 2006, the Directors be generally and unconditionally authorised to allot shares in the Company or grant rights to subscribe for or to convert any security into shares in the Company ("Rights") up to an aggregate nominal amount of £300,000	1,139,047,205	78.02	320,973,302	21.98	1,891,582
7 - That the Directors be given the general power to allot equity securities pursuant to section 570 (as defined by section 560 of the 2006 Act) for cash, either pursuant to the authority conferred by resolution 6 or by way of a sale of treasury shares, as if section 561(1) of the 2006 Act did not apply to any such allotment, provided that this power shall be limited to the allotment of equity securities up to an aggregate nominal amount of £300,000	1,131,740,545	77.53	328,092,180	22.47	2,079,364
8 - To authorise the Directors, in accordance with the Company's Articles of Association, to call a general meeting of the Company, other than an annual general meeting, on not less than 14 clear days' notice	1,148,580,906	78.61	312,546,308	21.39	784,875

Update regarding Queeld and Mispare share certificates

At a court hearing on Friday, 8 November 2024, a judgement was found in favour of Queeld and Mispare in the transfer of reissued share certificates to these parties. The shares are held in escrow and are to be transferred on 24 January 2025.

Christian Schaffalitzky, Chairman, commented: "I want to thank our shareholders for their continued support for our work and strategy. We are confident that our patience and persistence will bear fruit, as we continue to seek new options to generate value from our assets. I also observe that with a turnout of more than 50% on all resolutions, we are confident in that support."

For further information, please contact:

Eurasia Mining Plc

Christian Schaffalitzky

[phone]

SP Angel Corporate Finance LLP (Nomad and Broker)

Jeff Keating / David Hignell / Adam Cowl

[phone]

Yellow Jersey PR (Financial PR) 

Charles Goodwin / Shivantha Thambirajah                              

[phone]

[e-mail]

 

END