Eurasian Minerals Completes Purchase of NSR Royalties for the Maggie Creek and Afgan Gold Properties, Nevada
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/07/16 -- Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE: EMX)(NYSE MKT: EMXX) is pleased to announce that the purchase of net smelter return ("NSR") royalty interests has been completed for the Maggie Creek and Afgan gold properties from Golden Predator US Holding Corp. ("Golden Predator"), a wholly owned subsidiary of Till Capital Ltd., after receiving approvals from the TSX Venture and NYSE MKT exchanges (see EMX news release dated February 23, 2016). The purchase includes a 2% NSR royalty on precious metals and 1% NSR royalty on all other minerals from the Maggie Creek property, as well as a 1% NSR royalty on the Afgan property. EMX has issued 250,000 shares to Golden Predator as consideration for the purchase. The addition of these two royalty assets further strengthens EMX's growing Nevada gold 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.
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, 2015 (the "MD&A") and most recently filed Annual Information Form for the year ended period ended December 31, 2014 (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 .
Contacts:
Eurasian Minerals Inc.
David M. Cole
President and Chief Executive Officer
(303) 979-6666
Eurasian Minerals Inc.
Scott Close
Director of Investor Relations
(303) 973-8585
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Datum: 07.03.2016 - 13:00 Uhr
Sprache: Deutsch
News-ID 455569
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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