Has anyone heard anything about this firm regarding newsflow?

24 March 2017
 Eurasia Mining plc (AIM: EUA)
 
Company Update
 
Eurasia is pleased to update shareholders on the three projects currently being worked by the Company.
 
Highlights
 
·    Production work has commenced at the Malaya Sosnovka Area within the West Kytlim Alluvial Platinum and Gold Mine. An increase in the reserves for the Malaya Sosnovka area has also been submitted for approval
 
·    First review and additional information has been completed by the Reserves Committee assessing the Feasibility Study and Reserves Report for Monchetundra in Kola
 
·    Discussions on project finance underway for the Semenovsky Tailings and exclusivity period extended
 
 
West Kytlim
 
Site preparation for the coming mining season proceeds at pace, with 2 Komatsu 355 bulldozers, 2 Komatsu (350 and 400) excavators and an additional diesel power plant delivered to site. The small wash plant is operational. The large wash plant is being upgraded now and the upgrade is expected to be completed in April 2017.
 
Excavating and stockpiling commenced at the Malaya Sosnovka deposit, continuing from where work stopped at the end of the previous mining season. Exploration drilling commenced on 4 March 2017 at the adjacent Bolshaya Sosnovka deposit. 206m have been completed to date of approximately 1,400m planned for 2017 at both the Bolshaya Sosnovka and Kluchiki deposits.
 
As per standard practice under the Russian system, a technical report must be written for each new area to be mined. This report is then assessed by the relevant authority which issues a Mining Allotment for that area and the extraction of the reserves therein. A Technical Design Report for the first-stage of mining at the Kluchiki deposit has been approved by the authorities and a Mining Allotment was issued in March 2017. This is for a design volume of 645,000m3 of stripping and 362,000m3 of gravels containing 108kg of raw platinum. These reserves are scheduled for development in 2018.
 
In addition, as a result of new information resulting from mining work in 2016 at the Malaya Sosnovka deposit, an increase to the reserves at Malaya Sosnovka has been submitted for approval to the Reserves Commission. It is expected this will increase the previously approved reserves by approximately 15% at this open pit deposit.
 
Monchetundra
 
At the end of 2016 the Company submitted its documentation for a TEO (Feasibility Study) and reserves approval at Monchetundra. The Reserves Committee (GKZ) responded in February 2017, meeting with the Company's team to discuss the reports in detail. The Company has provided answers to all additional queries and awaits final approval. When the TEO and the reserves are approved, the next step will be the award of the Discovery Certificate that allows the Company to receive the production licence.
 
 
Semenovsky Tailings Project (STP)
 
The main activity on this project is looking at the optimal route to mining, using project finance or else a (risk-free for Eurasia) revenue-sharing structure similar to that in place at West Kytlim. In order to provide time for this process the owner has agreed to a further extension of the exclusivity period, previously announced on 22nd December 2016 until 31 May 2017.
 
 
Commenting on progress, Managing Director Christian Schaffalitzky said: "We are pleased with progress in all three projects which are advancing as planned. At West Kytlim we have just started the production work for the year. At Monchetundra the project is coming to fruition and we expect the approval of the TEO and the reserves. At STP, we are seeking a financing structure that would avoid dilution for Eurasia shareholders.

In the view of the Board, we are happy that the Company is steadily securing its future and making a platform for further development of Eurasia for our shareholders. 

Eurasia will be attending two investors conferences in the coming weeks; Master Investors Show on Saturday 25th March 2017 and the UK investor show on April 1st 2017. We would be pleased to discuss these updates in person at these upcoming events.".

http://www.moneyam.com/action/news/showArticle?id=5518742

Eurasia Mining "steadily securing its future"
07:35 24 Mar 2017

With its diverse portfolio of precious metals assets in Russia at various stages of development, Eurasia says it's "steadily securing its future"

http://www.proactiveinvestors.co.uk/companies/news/173323/eurasia-mining-steadily-securing-its-future--173323.html

Another very good update. Plenty of potential on all fronts.

29 March 2017 
Eurasia Mining plc (AIM: EUA)

Sanderson Partners facility drawdown
 
Eurasia Mining plc, the PGM mining and exploration company (the "Company"), announces that it has executed a further drawdown of its loan facility with Sanderson Capital Partners (see RNS dated 21 December 2016).

A drawdown of £100,000 was executed on the 20 March 2017. The drawdown fees of £15,000 is to be satisfied by the issue of 2,857,143 ordinary shares in the Company's share capital, at a price of £0.00525 per share, being the mid price at open on Friday 17 March 2017.

Accordingly the Company has today issued a total of 2,857,143 Ordinary Shares (the "New Shares") and dealings in these shares are expected to commence on the 04 April 2017.

Following the issue of the New Shares the total number of issued ordinary shares in the Company will be 1,531,024,173 ordinary shares and consequently the total number of voting rights in the Company will be 1,531,024,173. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

http://www.moneyam.com/action/news/showArticle?id=5521886

UK Investor Show 1st APRIL 2017


Christian Schaffalitzk will be speaking at this event:

https://www.ukinvestorshow.com/

https://www.ukinvestorshow.com/companies/

https://www.ukinvestorshow.com/speakers/

03 April 2017 
Eurasia Mining plc (AIM: EUA)

Monchetundra Project - Feasibility Study Approval

Eurasia Mining plc, the PGM mining and exploration company, is pleased to announce that the Feasibility Study for the Monchetundra Project, submitted in late December 2016 (see RNS dated 22 December 2016) has been approved by the State Commission on Mineral Reserves ("GKZ").

An official protocol confirming this decision will now be issued by GKZ who then send the document for final approval to Rosnedra.

The Feasibility Study describes the economic extraction of reserves identified at two open pit targets on Eurasia's 80% owned Monchetundra License.

Two open pittable targets have been identified at Loipishnune and at West Nittis occurring approximately two kilometers apart.

Further details will be released when the reserves are officially released by Roznedra, which is the final stage for their approval under the Russian Standard.

http://www.moneyam.com/action/news/showArticle?id=5525377

I'll watch later but here is the video from the UK Investor Show last Saturday:

https://www.youtube.com/watch?v=cgzhWI6oFYU&feature=youtu.be

Latest Presentation

http://www.eurasiamining.co.uk/~/media/Files/E/Eurasia-Mining/reports-and-presentations/EUA%20UKIS%20Mar%2017.pdf

Ah yes driver, that was the presentation slides they gave at the UK Investor Show last Saturday.

Proactive Investors One2One Investor Forum - London

Rainbow Rare Earths Limited | Eurasia Mining plc | Mariana Resources Ltd. | Anglo Asian Mining Plc

May 9th 2017, 6.00 pm - Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair

http://www.proactiveinvestors.co.uk/register/event_details/92

From Mining Investment Asia 2017 28th-31st March 2017

Interview with Dmitry Suschov, Member of Board of Directors (Eurasia Mining, UK)

https://www.youtube.com/watch?v=cD_TpcdXuz8

https://mobile.twitter.com/eurasiamining

26 April 2017 
Eurasia Mining plc (AIM: EUA)
 
Sanderson Partners facility drawdown
 
Eurasia Mining plc, the PGM mining and exploration company, announces that it has executed the final drawdown of its loan facility with Sanderson Capital Partners (see RNSs dated 21 December 2016 and 29 March 2017).

The final drawdown of £50,000 was executed on 21 April 2017. The drawdown fee of £7,500 is to be satisfied by the issue of 1,500,000 ordinary shares in the Company's share capital, at a price of £0.005 per share, being the mid-price at open on 21 April 2017.

Accordingly, the Company has today issued a total of 1,500,000 Ordinary Shares (the "New Shares") and dealings in these shares are expected to commence on the 3 May 2017.

Following the issue of the New Shares the total number of issued ordinary shares in the Company will be 1,532,524,173 ordinary shares and consequently the total number of voting rights in the Company will be 1,532,524,173. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.

http://www.moneyam.com/action/news/showArticle?id=5538038

A little reminder of tomorrow's event:

****************************************************
Proactive Investors One2One Investor Forum - London

Rainbow Rare Earths Limited | Eurasia Mining plc | Mariana Resources Ltd. | Anglo Asian Mining Plc

May 9th 2017, 6.00 pm - Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair

http://www.proactiveinvestors.co.uk/register/event_details/92

09 May 2017 
Eurasia Mining plc (AIM: EUA)
 
Company Update
 
Eurasia is pleased to update shareholders on the three projects currently being worked by the Company.
 
Highlights
 
·    Today is Victory Day in Russia - The contractor at West Kytlim has commenced production for 2017
 
·    Following the statutory approval of the Feasibility Study and the Reserves Report at Monchetundra, the Company is preparing documentation for the Discovery Certificate application
 
·    Company increases its interest option in the Semenovsky Tailings Project to 67%
 
 
West Kytlim
 
Detailed site preparation work has continued since our latest update on 24 March 2017. The main washplant has been delivered to site and assembly work nears completion. The small washplant is also ready for operation. The main ore zones in Malaya Sosnovka are prepared for mining. Snow melt is well advanced, resulting in the filling of the reservoir ponds to provide water for the washplants.
 
The contractor has selected 9 May as the official start date for production, being the anniversary of the end of World War 2, celebrated in Russia as Victory Day. Further updates will follow as production gets underway.
 
Monchetundra
 
As announced on 3 April, the Reserves Report and the Feasibility Study for the Monchetundra Project were approved by the State Commission on Mineral Reserves ("GKZ"). The next step is for the Company to file an application for a Discovery Certificate and the documentation is being prepared.
 
 
Semenovsky Tailings Project (STP)
 
Work continues on financing plans for STP, using project finance or else a (risk-free for Eurasia) revenue-sharing structure similar to that in place at West Kytlim. In parallel, Metal Tiger plc, in line with its new strategic objectives, will not continue with this project which was financed 50:50 in joint venture with Eurasia. As a result Eurasia now has the right to acquire 67% of the project under the exclusivity agreement with the owner, recently extended to 31 May 2017. The joint venture commenced in November 2015 (See RNS dated 16th November 2015) and significantly advanced the project through to state approval of maiden reserves of 3.9 tonnes of gold and 49.3 tonnes of silver (see RNS dated 31st August 2016). The joint venture also funded a metallurgical sampling program which tested the direct cyanide recovery of gold and silver from the tailings sediments.
 
Commenting on progress, Managing Director Christian Schaffalitzky said: "We are pleased to resume production at West Kytlim and look forward to a productive year. We are excited by the prospects for Monchetundra and shortly will file the application for the Discovery. As for STP, now that Metal Tiger will no longer be with us, we are in a better position to negotiate project finance with a third party, as we revert to a potential 67% interest".

http://www.moneyam.com/action/news/showArticle?id=5545276

Had some more at .4 early today..


("Eurasia" or the "Company")

Unaudited preliminary results

for the year ended 31 December 2016

http://www.moneyam.com/action/news/showArticle?id=5550052

Looking good here now, Sanderson will soon be out and a new loan in place onward and upwards..

only just seen the second RNS, will have a good read tonight

Was worried for a while but now i see a bright future again!!!

From yesterday:

Eurasia Mining looks at new loan as production picks up
15:35 16 May 2017

A loan arrangement with third parties and Dmitry Suschov, a director of the company, for £1.6mln will repay the existing Sanderson loan arrangement,



Eurasia Mining plc (LON:EUA) is looking to refinance with a director’s loan as it steps up production at the West Kytlim alluvial platinum mine in Russia.

A loan arrangement with third parties and Dmitry Suschov, a director of the company, for £1.6mln will repay the existing Sanderson loan arrangement, though the details have yet to be confrmed.

Eurasia posted first revenues of £140,00 in 2016 as it produced its first platinum at West Kytlim. Currency movements helped it post profits of £994,000 (£1.69mln loss).
This year at West Kytlim, Eurasia expects a full season of production and if development of a second area at Kluchiki goes to schedule a second plant may also come on stream before the end of the field season. 

At Monchetundra, a major compilation effort combined with new hydrogeological and metallurgical work, culminated in a feasibility study being lodged in December 2016 as an application for the approval of reserves under the Russian classification system
This study had been approved and the company is waiting for the formal registration of these reserves.

Eurasia said the next step is the application for a Discovery Certificate and then a production licence for a 25-year term. A development plan for two deposits will then follow.

At the Semenovsky tailings project, several project finance options are being considered with the aim to minimise shareholder dilution.

The company added that Michael Martineau is also standing down as chairman with Christian Schaffalitzky to take over as Executive Chairman and acting CEO.

Philip Whiterow

19 May 2017 
Eurasia Mining plc (AIM: EUA)

Up to US$ 2 million Loan Facility and Issue of Equity
Related Party Transaction
Transaction by a PDMR

Eurasia announces that it has entered into new funding facilities for approximately US$ 2 million with three parties, including its existing funding provider Sanderson Capital Partners ('Sanderson'), a consortium of investors arranged through London based institution Riverfort Global Capital Ltd ('Riverfort') including Cuart Growth Capital Fund I ('Cuart') and YA II PN ('YA'), and finally, a further investment from the Company's non-executive director Dmitry Suschov
 
Highlights:
 
·    All obligations regarding a previous Sanderson loan (see RNS dated 21 December 2016) have now been settled.
·    This comprehensive financing package of more than US$2 million has been designed to provide the Company with sufficient working capital, and
·    integrated with cashflow from the Company's operating mine at West Kytlim will allow the Company to carry out its 2017 objectives.
 
Christian Schaffalitzky, Managing Director said: 'We feel our finances are now well arranged, especially in light of income from production at our West Kytlim Mine this year, in 2018 and for its projected 12-year life.'
 
Further details:
 
Sanderson Capital Partners financing
 
The loan agreement, entered into with Sanderson on 21 December 2016 (see RNS dated 21 December 2016) for a principal of £1 million has been repaid and a new facility comprising a principal amount of £250,000 has now been arranged with Sanderson Capital Partners Limited over a twelve-month term (the "Sanderson Loan Agreement"). The Sanderson Loan agreement is interest fee and has a repayment date of 12 May 2018  
 
Eurasia has applied for immediate drawdown of the Sanderson Loan, and accordingly a drawdown fee of 15%, and a 5% legal and documentation fee for a total of £50,000 are now due. This is to be satisfied by the issue of 10,526,316 ordinary shares at a price of £0.00475.
 
Under the terms of the Sanderson Loan Agreement the loan must be used for working capital purposes and Sanderson has the right (but not the obligation) to convert all or part of the loan into Ordinary Shares of the Company at a price of 0.475p per Ordinary Share.
 
 
 
Loan Agreement arranged by Riverfort Global Capital
 
The Company has also executed a loan agreement with YA II PN Limited, on behalf of a consortium of investors arranged by London based Riverfort Global Capital Ltd for US$1,250,000, with a repayment date of 15 May 2018 although this can be extended, by mutual agreement, for a further 6 months for a fee of 6% of the then outstanding principal (the "Riverfort Loan"). The loan agreement was executed with YA as the lead investor with a participation by Cuart Growth Capital Fund ('The Investors').
 
Eurasia has arranged for immediate drawdown of the whole Riverfort Loan.
 
Interest applies on the loan at a rate of 14% although with a three-month repayment holiday on both interest and principal. An implementation fee of US$100,000 is immediately deductible from the principal amount on transfer of funds.
 
 The Investors may elect, at their discretion, to convert all or part of the loan repayments (interest and principal) into shares in the Company, at, the lower of a share price of £0.006 and, 90% of the Company's lowest daily volume weighted average price('VWAP') during the five days prior to conversion.
 
In addition, the agreement includes the issue of Warrants to YA (and any affiliated party of YA), at 50% cover of the principal amount, and at a 20% premium to the VWAP in the 30 days preceding the agreement. Consequently the Company has today issued 80,749,333 warrants at an exercise price of £0.006 per warrant. The warrants issued shall have a subscription period of three years.
 
Loan Agreement with Dmitry Suschov
 
The Company today has executed an agreement with Dmitry Suschov for a convertible loan of up to US$500,000 (the "Suschov Loan Agreement").  The Suschov Loan is convertible at any time into Ordinary Shares in the Company, at a price of 0.475p per Ordinary Share.
 
Under the terms of the Suschov Loan Agreement US$500,000 will be immediately drawn down by the Company. Interest accrues on the Suschov Loan at a rate of 15% which is to be satisfied by either cash payments or the issue of equity at a price of 0.475p per Ordinary Share.
 
In addition, Dmitry Suschov will be issued with a warrant to subscribe, at any time for the next three years, for 10,000,000 Ordinary Shares in the Company at an exercise price of 1p, i.e. 217% of the current market share price.
 
Following this transaction, and assuming full conversion of the loan and exercise of warrants, Dmitry Suschov would be interested in 391,031,912 Ordinary Shares in the Company, representing 23.71% of the issued share capital.
 
The directors of the Company consider, having consulted with the Company's Nominated Adviser WH Ireland Limited, that the terms of the transaction are fair and reasonable insofar as the shareholders are concerned.
 
Issue of Equity
 
Following the execution of the Sanderson Loan Agreement, the Company has today issued and allotted new shares in lieu of the Sanderson drawdown and legal fees. The total number of shares issued amounts to 10,526,316 at a share price of £0.00475 ("Sanderson Shares").
 
Accordingly, application has been made for the Sanderson Shares to be admitted to trading on AIM and Admission is expected to become effective on 26 May 2017. The Sanderson Shares will rank pari passu in all respects with the Company's existing Ordinary Shares in issues.
 
 
Total Voting Rights
For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following the allotment of the New Shares consists of 1,543,050,489 Shares with voting rights attached (one vote per Share). There are no Shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, Eurasia under the DTRs.

http://www.moneyam.com/action/news/showArticle?id=5552429