Warrant Update

RNS Number : 9974T

Eurasia Mining PLC

16 June 2009

 



Eurasia Mining plc

(the 'Company')

Extension of Warrant Application Period

Further to the announcement of 10 June 2009 the Company confirms that it has extended the period by which eligible shareholders can apply for the Shareholders Warrants (defined below) offered as part of the proposals to restructure the Company conditional on approval of the proposed resolutions at the Company's upcoming Annual General Meeting.  

The Shareholders Warrants are offered on the basis of one warrant  to subscribe for one new ordinary  share of 0.1p  exercisable at 1p within a period of nine months for each three existing ordinary shares of 5p each in the capital of the Company held on the Warrant Record Date (being 29 June 2009) (the 'Shareholders Warrants').

The original date for returning the application form for the Shareholder Warrants, as set out in the announcement dated 10 June 2009, was 26 June 2009. However, by a letter dispatched to all shareholders today, the Company confirmed that the date for returning the application forms for the Shareholder Warrants has been extended to 29 June 2009.

For further information, please contact:

Eurasia Mining

Christian Schaffalitzky / Michael de Villiers        Tel: [phone]

WH Ireland Ltd

Katy Mitchell                                                    Tel: [phone]

 

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