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Eurasia Mining Plc: Kola Mining LLC Incorporation
Home / Client News / Eurasia Mining Plc: Kola Mining LLC Incorporation

Eurasia Mining Plc (“Eurasia” or the “Company”), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that Eurasia has incorporated a 100% beneficially owned subsidiary, Kola Mining LLC to carve out Eurasia’s PGM assets into a separate entity from the nickel assets being consolidated into the already incorporated Kola Nickel LLC as announced via RNS on 14 January 2022.

Christian Schaffalitzky, Executive Chairman of Eurasia commented: The Directors are pleased that our structuring is approaching completion, as we work hard with DLA Piper and our other legal advisers. As announced on 8 February, we are making good progress despite the current geopolitical context and a separate announcement will be provided. Contrary to speculations, the Directors and the Officers of Eurasia have not sold any shares and, as the largest shareholder group, are focused on the liquidity event along with all shareholders“.


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