Business
Intention to Collaborate
Intention to Collaborate.
About this update from Eurasia Mining Plc
[{"type":"text","content":"\n RNS Number : 1338W Eurasia Mining PLC 12 November 2010 \n \n\n \nEurasia Mining plc\n \n(\"Eurasia\" or the \"Company\")\n \nIntention to Collaborate\n \nThe Company is pleased to announce it has agreed in principle to collaborate with Premier Management Holdings plc (\"Premier\") in its proposed mineral exploration and development strategy in Central Asia.\n \nPremier is an AIM quoted investment company which is developing a new mineral resources strategy. Its stated objection is to create value for its shareholders through the acquisition of early stage mining projects. It is the intention of Premier and Eurasia that, for a fee yet to be determined, Eurasia will provide ongoing technical support and management to Premier in the implementation of this strategy.\n \nChristian Schaffalitzky, the Chief Executive Officer of Eurasia, has from today also been appointed as a non-executive director of Premier to assist with this approach.\n \nA further announcement will be made if any agreements relating to this arrangement are executed.\n \nChristian Schaffalitzky commented \"We believe this is an exciting opportunity for Eurasia which will enable Premier to utilise our skill set whilst potentially creating an interesting diversification of Eurasia's exploration strategy.\" \n \nFor more information please contact:\n \n\n\n\n\nEurasia Mining\n\n\n \n\n\n\n\nChristian Schaffalitzky / Michael de Villiers\n \n\n\nTel: +44 (0) 207 932 0418\n\n\n\n\nKaty Mitchell, WH Ireland Limited\n\n\nTel: +44 (0) 161 832 2174\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCKKBDPABDDQDD \n ","length":3129,"tagName":"div"}]