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21 April 2025

Eurasian Resources Group refutes negotiations to sell the Company

In response to a number of media speculations in the course of the last few weeks, including publications about a Mr James Cameron's proposal to buy Eurasian Resources Group (ERG), Mr Shukhrat Ibragimov, Chairman of the ERG Board of Directors and its Chief Executive Officer, stated there are no negotiations on the sale of ERG. He said the company’s management is fully committed to further consistent, sustainable development of the Group. There are no changes to business as usual. At the end of 2024, the Board of Directors adopted a new Strategy aimed at further development and investment in ERG’s enterprises and the Company has been implementing it. ERG's focus on long-term growth and creating value for all stakeholders of the Group remains unchanged.