CAPITAL MARKETS

Barclays for Eureka

EUREKA Mining has engaged Barclays Capital to act as adviser in relation to financing the development of the Chelyabinsk copper-gold project in Southern Russia, with a scoping study due for completion in the current quarter.

Michael Quinn
Barclays for Eureka

For its efforts, Barclays will be issued 600,000 Eureka warrants, valid for five years at a strike price of £1.45. In addition 200,000 warrants will be available to be exercised if the share price is...

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