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Published on 3/15/2010 in the Prospect News PIPE Daily.

New Issue: Eurasian Minerals concludes C$5.27 million private placement of units

By Devika Patel

Knoxville, Tenn., March 15 - Eurasian Minerals Inc. said it completed a C$5.27 million private placement of units.

The company sold 2,559,510 units at C$2.06 apiece to IFC. Each unit consists of one common share and 0.75 of a warrant. Each whole warrant is exercisable at C$2.88 for three years.

Based in Vancouver, B.C., Eurasian is a mineral exploration company.

Issuer:Eurasian Minerals Inc.
Issue:Units of one common share and 0.75 of a warrant
Amount:C$5,272,591
Units:2,559,510
Price:C$2.06
Warrants:0.75 of a warrant per unit
Warrant expiration:Three years
Warrant strike price:C$2.88
Investor:IFC
Settlement date:March 15
Stock symbol:TSX Venture: EMX
Stock price:C$2.12 at close March 12
Market capitalization:C$59.1 million

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