23rd Feb 2016 09:18
LONDON (Alliance News) - Eurasia Mining PLC on Tuesday said it has issued shares to Sanderson Capital Partners Ltd to cover a loan agreement Sanderson provided.
Eurasia will issue Sanderson 11.4 million shares at 0.55 pence per share to cover the fees owed, totalling GBP62,700.
The miner also has issued 11.2 million shares at the same price to other, unnamed creditors in lieu of fees it owes.
Eurasia shares were down 3.7% to 0.602p on Tuesday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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