Eurasia Mining PLC (LON:EUA) said it has appointed a new nominated adviser (Nomad) and a non-executive director as well as updating on the status of its shares, which are currently suspended from trading on AIM.
The company said it has appointed SP Angel as its nomad and joint broker with immediate effect, and added that qualified lawyer and experienced corporate financier Iain Rawlinson will join the board as a non-executive director.
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Meanwhile, the company said it will make a further announcement in due course regarding the status of CITIC Merchant Co Limited’s role and strategic options in its current mining assets, and that its shares will remain suspended pending further notification.
"The directors are pleased to engage with SP Angel, a leading adviser to mining companies on the AIM market of the London Stock Exchange, as well as appropriately qualified with in-house mining sector expertise”, Eurasia’s executive chairman Christian Schaffalitzky said in a statement.
“We are also delighted to welcome Iain to the Board, who as a qualified lawyer and M&A practitioner will strengthen our execution team, while we are making progress on our M&A plans", he added.