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Eurasia Mining PLC is an international mining and mineral exploration company, focused on Russia. The company s stated objective is to produce and explore for platinum group metals (PGMs) and gold through self-funded exploration targets and joint venture partnerships with strategic operators and local partners. Projects are subject to an initial evaluation for viability and once this is established further exploration work is carried out to feasibility study level. It is then the company s intention to either proceed to develop the project to production or partner the project with a suitable operator. How it is doing 13 May 2021 Eurasia Mining PLC (LON:EUA), a platinum group metals and gold producer, said it has received several proposals including one from a credible party for the potential acquisition of substantially all of the company s assets. ....
Eurasia Mining announces potential asset sale We are delighted to have received a proposal from a credible party that could allow us to pay a significant dividend to all shareholders,” said executive chairman Christian Schaffalitzky Eurasia Mining PLC (LON:EUA), a platinum group metals and gold producer, said it has received several proposals including one from a credible party for the potential acquisition of substantially all of the company s assets. It added that it has now concluded its strategic review and formal sale process. Since launching the formal sale process in July 2020, Eurasia and its advisers have engaged with a wide range of parties, and received non-binding offers in respect of both a possible acquisition of the company as well as other transaction structures, the Russia-focused company announced on January 14 2021. ....