VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/28/12 — Eurasian Minerals Inc. (TSX VENTURE: EMX)(NYSE MKT: EMXX)(NYSE Amex: EMXX) (the „Company“ or „EMX“) is pleased to announce promotions within, and additions to, the Company-s management. These changes reflect EMX-s successful execution of the prospect generation business model, and the resulting growth in the Company-s exploration and royalty property portfolios. The staff additions consist of corporate leadership positions, as well as management positions for multiple business units and a new exploration initiative in Southeast Asia.
Management Promotions and Additions. A summary of the management changes is given below, with more information on the Company-s website ().
EMX-s team of exploration and mining professionals is at the core of the Company-s prospects for ongoing success. Along these lines, a concerted effort to engage a younger generation of talented exploration leaders to help manage the Company-s continued growth resulted in four of the recent hires.
EMX-s exploration partners, which include Newmont Mining Corporation, Antofagasta S.A., Vale Exploration Canada, and Freeport-McMoRan, have indicated that they expect to invest approximately $20 million this year building value on the Company-s property portfolios in Haiti, Sweden and the western U.S. Further, the Company has cash and marketable securities, as well as prospects for near-term royalty cash flows, that ensure the Company-s sustainable growth into the future.
About EMX. Eurasian is a global gold and copper exploration company utilizing a partnership business model to explore the world-s most promising and underexplored mineral belts. Eurasian currently has projects in ten countries on four continents, and generates wealth via grassroots prospect generation, strategic acquisition and royalty growth.
Forward-Looking Statement
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, 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 three-month period ended March 31, 2012 (the „MD&A“) and most recently filed Annual Information Form for the nine-month period ended December 31, 2011 (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 .
The NYSE MKT, TSX Venture Exchange and the Investment Industry Regulatory Organization of Canada do not accept responsibility for the adequacy or accuracy of this release.
Contacts: Eurasian Minerals Inc. David M. Cole President and Chief Executive Officer (303) 979-6666
Eurasian Minerals Inc. Valerie Barlow Corporate Secretary (604) 688-6390 (604) 688-1157 (FAX)
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