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#21

28 October 2019
Eurasia Mining plc

Exercise of Warrants

Eurasia Mining PLC, the established producer of palladium, platinum, iridium, rhodium and gold, has received notification from warrant holders to exercise warrants over 16,999,997 shares of 0.1p in the share capital of Eurasia (“the Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £102,000.Application has been made for the Warrant Shares to be admitted to trading on AIM, which is expected to be on or around 1 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company’s total issued share capital upon Admission will be 2,520,805,530 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

Christian Schaffalitzky commented ‘We note the recent share price increase, which has encouraged further exercises by warrant holders, further strengthening the Company’s cash position, which will help us to further scale up production at our West Kytlim Mine.’

https://www.ii.co.uk/news/exercise-of-warrants-rnsLSE20191028173608_14283664


#22

29 October 2019 16:22
Eurasia Mining plc

Exercise of Warrants

Eurasia Mining PLC, the established producer of palladium, platinum, iridium, rhodium and gold, has received notification from warrant holders to exercise warrants over 27,066,666 shares of 0.1p in the share capital of Eurasia (“the Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £162,400.Application has been made for the Warrant Shares to be admitted to trading on AIM, which is expected to be on or around 4 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company’s total issued share capital upon Admission will be 2,547,872,196 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

Christian Schaffalitzky, Chairman, commented: “With the warrants already exercised by today and the cash coming from the refinery in instalments on schedule, the Directors are continuing to keep their Dividend policy under review”.


#23

Thankyou Totally_Wired for posting that info.

Sorry if i am missing things but i can not see anywhere what the exercise price was or the date they expired id be great-full if you could inform me .


#24

Hi Ripley94, give the company a ring.


#25

EUA…
XXX
Thanks …Totally_Wired.
Not transparent then that would put me off .


#26

Okay, your choice.


#27

EUA…
XXX
See it made a big retrace midday almost back to 2p … Bounce back to 2.75p .
Early buyers today spiked around 4p…


#28

16:45
Eurasia Mining PLC
30 October 2019

Exercise of Warrants

Eurasia Mining PLC, the established producer of palladium, platinum, iridium, rhodium and gold, has received notification from warrant holders to exercise warrants over 18,766,668 shares of 0.1p in the share capital of Eurasia (“the Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £112,600.Application has been made for the Warrant Shares to be admitted to trading on AIM, which is expected to be on or around 5 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue.

Christian Schaffalitzky, Chairman, commented: “We appreciate the continued interest and support from our shareholder base and the additional funds raised through the exercise of these warrants, which with further cashflow to be received in December from our mining operations, builds on our cash reserves, and strengthens our position in ongoing negotiations regarding our assets as announced in our recent RNS (dated 24 October 2019)”.

Total voting rights

The Company’s total issued share capital upon Admission will be 2,566,638,864 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

https://www.ii.co.uk/news/exercise-of-warrants-rnsLSE20191030164540_14287478


#29

EUA…
XXX
I’d guess the warrants were under 1 and they would keep selling into anything above that.


#30

17:20
05 November 2019
Eurasia Mining plc

Exercise of Options and Warrants

Eurasia is pleased to announce that it has received notice to exercise warrants over 54,750,002 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence (the “Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £328,500.

In addition, the Company announces it has received a notice of exercise options over 8,257,748 ordinary shares of 0.1 pence in the Company at an exercise price of 0.42 pence per share (the “Option Shares”). The consideration for the exercise of the Option Shares amounts, in aggregate, to a cash value of £34,682. These options were exercised by employees of the Company, not holding positions as directors of the Company or as top management or as advisors to the board.

Christian Schaffalitzky, Chairman added: “The Directors are happy that both revenues from the sale of metals from the West Kytlim operation and the execution of the warrants have significantly improved the cash position of Eurasia and its negotiating position in the ongoing talks”.

Exercise of Options and Warrants:
The Company announces that it has received notification from warrant and options holders to exercise the following warrants and options at the following prices - see table via link at BOP:

Total voting rights

The Company’s total issued share capital upon Admission of the Warrant Shares and the Options Shares will be 2,629,646,614 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

https://www.ii.co.uk/news/exercise-of-options-and-warrants-rnsLSE20191105172017_14295748


#31

8th November 2019 17:34
Eurasia Mining PLC

Exercise of Warrants

Eurasia is pleased to announce that it has received notice to exercise warrants over 13,166,666 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence (the “Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £79,000.

Christian Schaffalitzky, Chairman added: “This brings the total amount raised from recent executions of warrants and options in the Company’s shares to £904,184, with further revenue from the mining operation to be paid later in the year. We are working on an outline of our mining season at West Kytlim as well as on our plans for the mine’s development during 2020, which we will release in due course.”

Total voting rights

The Company’s total issued share capital upon Admission of the Warrant Shares will be 2,642,813,280 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

Shareholders are encouraged to follow the non-regulatory progress at the Company’s mine and Monchetundra Project through the Company’s media channels including:
https://vimeo.com/user71951711
https://twitter.com/eurasiamining
https://www.voxmarkets.co.uk/listings/LON/EUA/

About Eurasia Mining PLC (LSE: EUA)

Eurasia Mining is a long-established palladium, platinum, iridium, rhodium and gold focused production company quoted on the London Stock Exchange AIM market, with an operating PGM mine in the Ural Mountains palladium open pit deposit at Monchetundra. In addition, Eurasia maintain an interest in the Semonovsky Gold in Mine Tailings Project, an asset demonstrating potentially low-cost new-term gold production potential.

Eurasia’s two core projects are:

The West Kytlim operating mine (of which the Company owns 68%), which is the largest alluvial platinum reserve in the world currently, with 2,283 kilograms of raw platinum in reserves, and resources and resource potential to a further 10 tonnes of raw platinum. A single washplant has operated on site during 2018 and 2019, with further increases in production planned from multiple washplants. The mine was previously contracted to generate cashflow from which to finance further capitalisation of the asset. All contractors were retired from the operation in September 2019 and since then Eurasia has been operating on an owner operated (100% of revenue) basis.

The Monchetundra Project (of which the Company owns 80%), has in place (signed October 2016) an EPCF (Engineering Procurement Construction and Financing) contract with Sinosteel, a state-owned Chinese corporation focused on mining. This agreement fully finances the Project through building of the 1.7m tonnes per annum processing facility at the Monchetundra Project.

https://www.ii.co.uk/news/exercise-of-warrants-rnsLSE20191108173403_14301622


#32

11 November 2019
Eurasia Mining plc

New Appointment
Alexander Sushchev appointed as strategic advisor to the board
Strategic Advisor appointment:

Eurasia is pleased to announce the appointment of Alexander Vasilievich Sushchev (PhD in metallurgy) as strategic adviser to the Board. Alexander is a former Chief Executive Officer of SMCM (molybdenum and rhenium metals producer, that he helped sell to a company affiliated with Rusal) as well as former manager of Norilsk Nickel, the world’s largest palladium producer. Alexander will be working closely with the Directors of Eurasia, Mr Alexei Churakov as well as with the banks as the Company is working on a potential disposal of the Company’s assets as announced on 24 October 2019. There can, however, be no guarantee that any transaction will occur.

Alexander will not receive a salary for his role. However, it is noted that Alexander will receive 10% share in Deloan Investments Limited (“Deloan”), a Company owned and controlled by Dmitry Suschov (Director of the Company), which holds a 10.42% interest in the Company. This will help avoid the dilution of the shareholders and will allow the right success oriented motivation of Alexander.

Following this transfer, holdings in Deloan reflect the following:

Dmitry Suschov holds 64.528% of Deloan and accordingly has 6.72% indirect interest in Eurasia through Deloan and with his additional direct holding of 190,270,430 ordinary shares has a 13.92% interest in Eurasia;

Alexei Churakov holds 25.472% of Deloan and accordingly has 2.65% indirect interest in Eurasia through Deloan and with his additional holding of 39,682,774 ordinary shares has a 4.16% interest in Eurasia; and

Alexander Vasilievich Sushchev holds 10% of Deloan and accordingly has an interest of 1.04% indirectly in Eurasia.

Alexander received his PhD degree in metallurgy from Moscow State University of Fine Chemical Technologies named after Lomonosov.

Other:

Queeld Ventures still hold 307,250,000 shares which, following various warrant exercises now represent 11.63% of the issued shares in the Company.

Following the announcement made on 8 November 2019, application has been made for the Warrant Shares to be admitted to trading on AIM, an dealings are expected to commence on or around 14 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue.

The Company’s total issued share capital upon Admission of the Warrant Shares will be 2,642,813,280 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

Christian Schaffalitzky, Chairman added: “I am delighted to formalise our relationship with Alexander, whom I have known for many years. We have been fortunate to have his advice for over 10 years and he has made the tasks of licencing our projects much easier. His contacts and experience working at the top level of the PGM and base metals businesses are important in our ongoing discussions, as we explore strategic opportunities for our assets”

Full RNS via link below:

https://www.ii.co.uk/news/alexander-sushchev-appointed-as-strategic-advisor-rnsLSE20191111142843_14303288


#33

13th November 2019 18:06
Eurasia Mining PLC

Exercise of Options and Warrants and Accelerator Clause Notice

Eurasia is pleased to announce that it has received notice to exercise warrants over 1,666,668 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence (the “Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £7,000.
In addition, the Company announces it has received notice to exercise options over 11,000,000 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence per share (the “Option Shares”). The consideration for the exercise of the Option Shares amounts, in aggregate, to a cash value of £64,200. These options were exercised by employees and ex-employees of the Company, not holding positions as directors of the Company, PDMRs or advisors to the board.

Accelerator Clause

Furthermore, the Company wishes to advise that the accelerator clause governing warrants associated with the May 2018 placing undertaken with clients of the Company’s broker First Equity Limited (See RNS dated 10 May 2018) has now been triggered by the Company. A one-for-one warrant valid to May 2020 was subject to an accelerator clause whereby if the VWAP of the Company’s share price is sustained at greater than 1.8p for ten consecutive days the Company may choose to force execution of the warrants. Tuesday 12th November was the 10th consecutive day satisfying this condition and notice was duly given to warrant holders. Warrants for which notice of execution is not given within 5 business days from the date of notice will be forfeited. The total number of outstanding warrants subject to the clause is 23,349,998, which represents a cash value of £148,600.

Christian Schaffalitzky, Chairman added: “The Directors are happy to exercise our right to remove the remaining warrant overhang that has been a concern to some of our shareholders.”

Application has been made for the Warrant Shares and Option Shares to be admitted to trading on AIM, and dealings are expected to commence on or around 19 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company’s total issued share capital upon Admission of the Warrant Shares and the Options Shares will be 2,655,479,948 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

https://www.ii.co.uk/news/exercise-of-options-warrants-accelerator-clause-rnsLSE20191113180623_14307186


#34

Amendment: Exercise of Options, Warrants & Clause
14th November 2019 12:35
Eurasia Mining PLC

The following amendment has been made to the “Exercise of Options and Warrants and Accelerator Clause Notice” announcement released on 13 November 2019 at 18:06, RNS number: 3430T.
The number of warrants exercised should have read as 1,166,668. Therefore, the total issued share capital upon Admission is 2,654,979,948 ordinary shares.

All other details remain unchanged.

The full amended text is shown below.

Eurasia Mining plc
(“Eurasia” or “the Company”)
Exercise of Options and Warrants and Accelerator Clause Notice (amended)

Eurasia is pleased to announce that it has received notice to exercise warrants over 1,166,668 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence (the “Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £7,000.
In addition, the Company announces it has received notice to exercise options over 11,000,000 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence per share (the “Option Shares”). The consideration for the exercise of the Option Shares amounts, in aggregate, to a cash value of £64,200. These options were exercised by employees and ex-employees of the Company, not holding positions as directors of the Company, PDMRs or advisors to the board.

Accelerator Clause

Furthermore, the Company wishes to advise that the accelerator clause governing warrants associated with the May 2018 placing undertaken with clients of the Company’s broker First Equity Limited (See RNS dated 10 May 2018) has now been triggered by the Company. A one-for-one warrant valid to May 2020 was subject to an accelerator clause whereby if the VWAP of the Company’s share price is sustained at greater than 1.8p for ten consecutive days the Company may choose to force execution of the warrants. Tuesday 12th November was the 10th consecutive day satisfying this condition and notice was duly given to warrant holders. Warrants for which notice of execution is not given within 5 business days from the date of notice will be forfeited. The total number of outstanding warrants subject to the clause is 23,349,998, which represents a cash value of £148,600.

Christian Schaffalitzky, Chairman added: “The Directors are happy to exercise our right to remove the remaining warrant overhang that has been a concern to some of our shareholders.”
Application has been made for the Warrant Shares and Option Shares to be admitted to trading on AIM, and dealings are expected to commence on or around 19 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company’s total issued share capital upon Admission of the Warrant Shares and the Options Shares will be 2,654,979,948 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

https://www.ii.co.uk/news/amendment-exercise-of-options-warrants-clause-rnsLSE20191114123523_14308481


#35

15 November 2019 16:26
Eurasia Mining plc

Exercise of Warrants

Eurasia is pleased to announce that it has received notice to exercise warrants over 9,166,666 ordinary shares of 0.1 pence in the Company at an exercise price of 0.6 pence (the “Warrant Shares”). The consideration for the exercise of the Warrant Shares amounts, in aggregate, to a cash value of £55,000.

Application will be made for the Warrant Shares to be admitted to trading on AIM, and dealings are expected to commence on or around 22 November 2019 (“Admission”). These shares will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company’s total issued share capital upon Admission of the Warrant shares will be 2,664,146,614 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency rules.

https://www.ii.co.uk/news/exercise-of-warrants-rnsLSE20191115162648_14310869