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Eurasia Mining ( (GB:EUA) ) has provided an update.
Eurasia Mining PLC has announced a further drawdown of £150,000 from its loan agreement with Sanderson Capital Partners Limited to support general corporate purposes. Additionally, the company has issued new ordinary shares and warrants to Sanderson, with shares granted at a premium over the current market price, signaling confidence in its market positioning. The issuance of 14,821,739 new ordinary shares is set for admission to trading on AIM, and following this, the company will have a total of 2,879,381,734 ordinary shares in issue, impacting shareholder calculations and interest notifications.
More about Eurasia Mining
Eurasia Mining PLC is a company engaged in the exploration and mining of precious metals, including palladium, platinum, rhodium, iridium, and gold. The company is focused on leveraging these resources within the mining industry.
YTD Price Performance: -3.66%
Average Trading Volume: 8,419,367
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £56.58M
Find detailed analytics on EUA stock on TipRanks’ Stock Analysis page.