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The Markets
by Proactive
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by Proactive
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General mining & base metals

Eurasia Mining delays replacement share issue

Eurasia Mining PLC (AIM:EUA) said an agreement for replacement share certificates to be issued to Queeld Ventures and Mispare has been stayed.

Subject to court proceedings since December 2021, an agreement was reached in November for replacements to be issued on 5 March 2024 subject to receipt of any claim or interest in the shares from a third party.

Eurasia, which is a neutral party in the matter, said several communications had been received in response to that announcement of 15 November 2023.

Solicitors for Eurasia are now in communication with Queeld and Mispare regarding the appropriate directions to be made by the court in light of those communications.

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