Response to speculation

3 November 2023

Eurasia Mining Plc

Response to speculation

Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold mining company, provides an update following speculation resulting from service of a winding up notice on or around 25 October 2023 by Gowling WLG (UK) LLP, the Company's former legal advisers.

The Company confirms that it received the winding up petition today.  The matter relates to unpaid invoices, amounting to approximately £108,000 that are in dispute, and hopes that the matter can be resolved amicably and without recourse to further legal proceedings. The Company is taking legal advice in relation to the matter and further updates will be provided as appropriate.

For further information, please contact:

Eurasia Mining Plc

Christian Schaffalitzky/ Keith Byrne

+44 (0)207 932 0418

SP Angel Corporate Finance LLP (Nomad and Broker)

Jeff Keating / David Hignell / Adam Cowl

+44 (0)20 3470 0470