The Shares and any shares issued on exercise of the Warrants are subject to restrictions on transfer for a period of four months from closing.
The proceeds from the private placement will be used to fund further property acquisitions and exploration expenditures in Serbia, Turkey and Kyrgyz Republic, as well as general working capital purposes.
For further information contact:
David M. Cole
President and Chief Executive Officer
Phone: (303) 979-6666
Kim C. Casswell
Phone: (604) 688-6390
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Eurasian Minerals Inc. Actual results may differ materially from those currently anticipated in such statements.