Eurasian Minerals Provides Corporate Update
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/25/15 -- Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE: EMX)(NYSE MKT: EMXX) is pleased to provide an update on the Company's recent corporate developments. EMX's diversified portfolio spans five continents and totals more than 1.7 million acres of mineral property exposure. Eurasian's mineral property assets provide revenue from royalty and other payments, exposure to exploration success from partnered funded projects, and upside from timely strategic investments in unrecognized or under-valued exploration opportunities. The Company is taking proactive steps to maximize revenue, minimize expenditures, and identify new early-stage opportunities to further build portfolio value.
Royalty and Portfolio Update. The Company's mineral property interests include the Leeville royalty in Nevada's Northern Carlin Trend, a royalty on Reservoir Minerals Inc.'s discovery at Cukaru Peki in Serbia, ongoing programs in Turkey, the western U.S., Scandinavia, Australia-New Zealand and Haiti, and a strategic investment in IG Copper LLC.
Please see the attached map and for more information.
Management and Advisory Board Update. EMX's team of exploration and mining professionals is at the core of the Company's prospects for success. Dr. M. Stephen Enders has been a key member of the executive team since 2009 when he joined the Company's Board of Directors, becoming the Chairman in 2010. Subsequently, he took on the responsibilities of Chief Operating Officer ("COO"), and in that role he made significant and broad ranging contributions to EMX with a seasoned combination of management wisdom and technical expertise. As Eurasian rebalances its business, Dr. Enders has elected to continue contributing to the Company on the Advisory Board and in a consulting capacity, and to resign from his Board of Directors and COO positions. Eurasian is thankful for his many contributions to the Company, which were always distinguished with a mark of excellence and professionalism, and is enthusiastic to work with Dr. Enders in his new roles.
Also joining the Advisory Board is Mr. Paul H. Stephens, a leading figure in U.S. west coast asset management and investment banking for over forty years. Mr. Stephens has been a strong supporter of EMX with a total of 14.37% of the Company's currently issued and outstanding shares (on a non-diluted basis) through direct ownership of 7,613,647 shares and 2,934,220 shares held by Stephens Investment Management. He is Partner and Chairman of Stephens Investment Management, and was co-founder and Managing Director of RS Investments, a San Francisco-based mutual fund group. He is a past Chairman and board member of the Haas Business School Advisory Board at the University of California at Berkeley, and in 2002 was named a Berkeley Fellow. The Company is pleased to have such an accomplished business professional as Mr. Stephens serving as a member of its Advisory Board.
The addition of Dr. Enders and Mr. Stephens further strengthens EMX's Advisory Board, which also includes Rael Lipson, and the University of Arizona's Mark Barton and Eric Seedorff. Dr. Lipson was Gold Fields Exploration, Inc.'s Chief Geologist for 36 years. Dr. Barton is the Associate Director of the Lowell Institute for Mineral Resources at the U of A, and Dr. Seedorff holds the Lowell Chair in Economic Geology. The Company is delighted to have these distinguished individuals on its Advisory Board, and looks forward to their support as the Company continues to advance its worldwide royalty and mineral property portfolio.
About EMX. Eurasian Minerals leverages asset ownership and exploration insight into partnerships that advance our mineral properties, with EMX retaining royalty interests. EMX complements its generative business with strategic investment and third party royalty acquisition.
Mr. Dean D. Turner, CPG, a Qualified Person as defined by National Instrument 43-101 and consultant to the Company, has reviewed, verified and approved the disclosure of the technical information contained in this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release may contain "forward-looking statements" that reflect the Company's current expectations and projections about its future results. When used in this news release, words such as "estimate", "intend", "expect", "anticipate", "will" and similar expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company's future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause Eurasian's actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and factors may include, but are not limited to: unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased regulatory compliance costs, expectations of project funding by joint venture partners and other factors.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company's MD&A for the nine-month period ended September 30, 2014 (the "MD&A") and most recently filed Annual Information Form for the year ended December 31, 2013 (the "AIF"), actual events may differ materially from current expectations. More information about the Company, including the MD&A, the AIF and financial statements of the Company, is available on SEDAR at and on the SEC's EDGAR website at .
To view the map accompanying this press release, please visit the following link:
Contacts:
David M. Cole
President and Chief Executive Officer
Phone: (303) 979-6666
Email:
Scott Close
Director of Investor Relations
Phone: (303) 973-8585
Email:
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Unternehmensinformation / Kurzprofil:
Datum: 25.02.2015 - 12:30 Uhr
Sprache: Deutsch
News-ID 374056
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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