22nd Apr 2005 07:02
Eurasia Mining PLC22 April 2005 Eurasia plc ("the Company") Notice of Extraordinary General Meeting The Company announces that it is in the process of reviewing, and potentiallybidding for, interests in both prospective mineral ground and advanced stageprojects. In seeking to capitalise on these opportunities, the directors believethat the Company must maximize the options available to allow the business toexpand, including the option of using cash to secure important acquisitions atrelatively short notice. The Company has accordingly convened an Extraordinary General Meeting ("EGM") tobe held at the Company's offices 14/16 Regent Street, London, SW1Y 4PH at 10amon Monday 16 May 2005. At the EGM, resolutions will be proposed to:- • authorise the Directors pursuant to Section 80 of the Companies Act 1985 ("the Act") to allot relevant securities up to an aggregate nominal value of £2,000,000; and • authorise the Directors pursuant to Section 95 of the Act to allot equity securities (as defined in the Act) for cash outside the Shareholders' statutory pre-emption provisions up to 40,000,000 (being a nominal value of £2,000,000). For further information, please contact: Christian Schaffalitzky / Michael de Villiers Eurasia Mining Plc Tel: 020 7976 1222David Youngman, W.H. Ireland Limited Tel: 0161 832 2174 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Eurasia Mining