IN BRIEF: Eurasia Mining seeks trade finance loan until asset sale

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Eurasia Mining PLC - palladium, platinum, rhodium, iridium and gold miner - Says it is in talks with a lender for a trade finance loan, as it currently has a cash runway in the UK only until November. The loan is intended to cover Eurasia’s working capital needs until it can sell its inventory of platinum group metals concentrate or the company’s assets. Eurasia says it is focused on the sale of the company’s assets as its first priority. Meanwhile, the audit of Eurasia’s 2023 accounts is ‘progressing towards completion’. Eurasia Mining shares have been suspended from trading on AIM in London since July 1 after failing to publish its annual results on time.

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