New Issue: Eurasian settles C$5.28 million stock placement with C$880,000 tranche

By Devika Patel

Knoxville, Tenn., June 9 - Eurasian Minerals Inc. said it has completed the second and final tranche of a C$5.28 million private placement of stock for C$880,000. The deal priced May 18, and the company raised C$4.4 million in the initial tranche on June 7.

The company sold 2.4 million common shares at C$2.20 per share. It sold 2 million shares in the first tranche to Newmont Mining Corp. and 400,000 shares in this one.

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

Issuer:	Eurasian Minerals Inc.
Issue:	Common shares
Amount:	C$5.28 million
Shares:	2.4 million
Price:	C$2.20
Warrants:	No
Investor:	Newmont Mining Corp. (for C$4.4 million)
Pricing date:	May 18
Settlement date:	June 7 (for C$4.4 million), June 9 (for C$880,000)
Stock symbol:	TSX Venture: EMX
Stock price:	C$2.20 at close May 17
Market capitalization:	C$60.5 million

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