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LONDON - Eurasia Mining PLC announced Wednesday the appointment of SQIF Capital Joint Stock Company as its market maker for its upcoming dual listing on the Astana International Exchange (AIX) in Kazakhstan.
The mining company, which focuses on iridium, osmium, palladium, platinum, rhodium, ruthenium, and gold, has obtained all necessary approvals for the listing and has signed a legally binding pre-listing agreement with AIX, according to a press release statement.
SQIF Capital, a licensed participant in Kazakhstan’s securities market, will also initiate research coverage on Eurasia. The firm operates on both the Kazakhstan Stock Exchange and AIX, with a team that has over 200 years of cumulative experience in financial services.
Trading of Eurasia’s shares on AIX will run concurrently with its London trading. The market maker will have access to the CREST trading system, enabling the purchase of shares on AIM and their transfer to AIX to maintain appropriate liquidity.
The company had previously announced its intention to dual list on AIX on April 17, 2025.
"The Directors are glad to appoint SQIF as its market maker in relation to Eurasia’s dual listing on Astana International Exchange in Kazakhstan, which is now imminent," said Christian Schaffalitzky, Executive Chairman of Eurasia Mining, in the press release.
Eurasia Mining is preparing to sign the final listing agreement after having paid the required fee to AIX.
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