Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Eurasia Mining falls on winding up petition from former legal adviser

3rd Nov 2023 17:27

(Alliance News) - Eurasia Mining PLC on Friday confirmed that it has received a winding up petition from its former legal adviser, Gowling WLG LLP.

Eurasia Mining is a London-headquartered, mining and mineral exploration company formerly focused on Russia. Its shares closed down 23% to 2.08 pence each in London on Friday.

The company said the winding up petition relates to unpaid invoices, amounting to approximately GBP108,000 that are in dispute.

It hopes that it "can be resolved amicably and without recourse to further legal proceedings."

"The company is taking legal advice in relation to the matter and further updates will be provided as appropriate," Eurasia said.

By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.

FTSE 100 Latest
Value8,215.73
Change43.58