Eurasia Mining PLC Statement re Broker (5704G)
March 02 2018 - 8:32AM
UK Regulatory
TIDMEUA
RNS Number : 5704G
Eurasia Mining PLC
02 March 2018
Eurasia Mining plc (AIM: EUA)
("Eurasia" or the "Company")
Statement re Beaufort Securities Limited
The Company notes the announcement today regarding Beaufort
Securities Limited ("BSL") and Beaufort Asset Clearing Services
Limited ("BACSL") being placed into administration and that the
Financial Conduct Authority (the "FCA") has imposed requirements on
BSL and BACSL to cease all regulatory activity. As a result, the
London Stock Exchange has suspended BSL's membership of the London
Stock Exchange pending clarification of the firm's position.
BSL is a joint broker to the Company pursuant to the AIM Rules
for Companies (the "AIM Rules"). As a result of the suspension of
its membership to the London Stock Exchange, BSL will no longer be
able to provide broking services to the Company in accordance with
the AIM Rules.
WH Ireland Limited, the Company's NOMAD and other joint broker,
will continue to provide broking services to the Company.
Shareholders should note that the company has signed a financial
public relations agreement with Credit Suisse and is in discussions
with other groups regarding project finance for its projects in
Russia.
- Ends -
Enquiries:
Eurasia Mining Plc
Christian Schaffalitzky/Keith Byrne
+44 (0)207 932 0418
WH Ireland Limited
Katy Mitchell/James Sinclair-Ford
+44 (0)161 832 2174
This information is provided by RNS
The company news service from the London Stock Exchange
END
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