Eurasia Mining (LON: EUA) shares are on the decline Tuesday after it revealed it has actively explored the potential benefits of a dual listing.
The announcement by the company follows recent media speculation about a listing of its shares on the Moscow Exchange while retaining its listing on AIM.
“The Board has actively explored the potential benefits of a Dual Listing, including provision of an opportunity for Russian investors to have easier access to a facility for the trading of shares in the Company, but no decision has been made yet,” said Eurasia.
Christian Schaffalitzky, Executive Chairman of Eurasia, commented: “While the Directors see the benefits of a Dual Listing, our priority is to execute on our strategy as announced.”
Eurasia Mining shares are 2.4% at 24.4p at the time of writing after initially hitting a low of 23.02p.
Last week, Eurasia shares gained after revealing that it had secured another license at West Kytlim.
Should you invest in Eurasia Mining shares?
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