Eurasia Mining issues corrections to 2024 annual results

Published 01/07/2025, 11:08
Eurasia Mining issues corrections to 2024 annual results

LONDON - Eurasia Mining PLC (AIM:EUA) has issued a replacement announcement for its annual results for the year ended December 31, 2024, correcting several omissions and errors in the original release published earlier on Monday.

The palladium, platinum, rhodium, iridium and gold mining company made four key corrections to its financial statements. The company added previously omitted information regarding a post-year-end private placement that raised net proceeds of £2,813,000.

The replacement announcement also adjusted the consolidated statement of profit or loss to properly include the company’s operating losses, which were £8,506,035 for 2024 and £7,044,981 for 2023.

Additionally, Eurasia Mining corrected omissions in its accounting policies section regarding foreign currency differences on inter-company loans. The company also fixed incorrect comparative figures in the trade and other payables note, which had erroneously referenced 2022 figures instead of 2023 data.

The company emphasized that these changes were purely presentational and did not alter the actual financial results for the year ended December 31, 2024.

Eurasia Mining’s full annual report, including the audited financial statements, will be posted to shareholders who have elected to receive paper notifications, while others can access it digitally on the company’s website. Information about the upcoming Annual General Meeting will be announced separately, according to the statement.

The company noted that the announcement contains inside information as stipulated under UK Market Abuse Regulations. The replacement announcement was dated June 30, 2025, while the original was published on July 1, 2025.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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