26th Oct 2016 10:03
LONDON (Alliance News) - Eurasia Mining PLC on Wednesday said it has drawn down another GBP100,000 from its loan with Sanderson Capital Partners Ltd.
Eurasia has issued 1.1 million shares to Sanderson at 0.87 pence per share under the agreement to cover the draw down fee.
Eurasia also has issued 391,608 shares to broker Beaufort Securities Ltd in lieu of fees. Those shares were issued at 0.55p apiece.
Shares in Eurasia were down 3.5% to 0.70p on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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