EMX ROYALTY CORPORAT

EMX
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EMX Royalty : Eurasian Minerals Completes Final Tranche of CAD $17.875 Million Private Placement

02/23/2021 | 02:48pm

March 21, 2011

Vancouver, British Columbia, March 21, 2011 (TSX Venture: EMX) - Eurasian Minerals Inc. (the 'Company' or 'EMX') is pleased to announce the completion of the final tranche of its CAD $17.875 million private placement by the sale of 3,039,000 units for proceeds of CAD $9,876,750. Each unit, priced at CAD $3.25, consisted of one common share and one-half of one common share purchase warrant. Each full warrant entitles the warrant holder to purchase one additional common share of EMX until March 18, 2013 at a purchase price of CAD $4.00.

The Company issued to finders a total of 126,920 units (being 5% of the number of units issued to investors introduced by finders) and 126,920 finder warrants (being 5% of such units). Each finder warrant is exercisable for two years to acquire one common share for CAD $3.50.

The shares, including the shares issuable on exercise of warrants, are subject to restrictions on transfer until July 19, 2011.

For further information contact:

David M. Cole
President and Chief Executive Officer
Phone: (303) 979-6666
Email:dave@eurasianminerals.com
Website:www.eurasianminerals.com

Valerie Barlow
Corporate Secretary
Phone: (604) 688-6390
Email:valerie@eurasianminerals.com

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Disclaimer

EMX Royalty Corporation published this content on 23 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2021 19:47:01 UTC.

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