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Issue of Equity

14th Sep 2009 10:00

RNS Number : 9882Y
Eurasia Mining PLC
14 September 2009
 



Eurasia Mining plc

("Eurasia" or the "Company")

Issue of Equity

The Company is pleased to announce that it has raised £25,000 by way of a placing of 2,500,000 new ordinary shares of 0.1p each ("Placing Shares") at 1p per share (the "Placing").

Application will be made for the Placing Shares to be admitted to AIM and dealings in the Placing Shares is expected to commence on 17 September 2009.

The total number of issued ordinary shares in the Company, including the Placing Shares, will be 330,204,007 Ordinary Shares .

The proceeds of the Placing will be used to fund the ongoing exploration activities of the Company.

For more information please contact:

Eurasia Mining

Christian Schaffalitzky / Michael de Villiers

Tel: +44 (0) 207 932 0418

Katy Mitchell, WH Ireland Limited

Tel: +44 (0) 161 832 2174

This information is provided by RNS
The company news service from the London Stock Exchange
 
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