Eurasian Minerals Inc. (EMXX) Completes Bullion Monarch Merger, Resulting Company Has Much Stronger Global Footprint

Eurasian Minerals, already spanning a considerable global footprint of exploration programs in some of the planet’s hottest emerging precious mineral frontiers (Turkey, Kyrgyzstan, Haiti, Australia/Asia-Pacific, as well as prime interests in both the U.S. and Europe), reported closing the Bullion Monarch Mining, Inc. (BULM) merger today, with BULM shareholder approval at the August 17 meeting effectively signifying the transition of BULM to the status of a wholly-owned Eurasian Minerals subsidiary.

Bullion Monarch’s domestic interests (which also include properties in Utah and Oregon) are capped off by positions in Nevada’s prolific Carlin trend, including a paying 1% gross smelter return ($5M in fiscal 2012 alone, $20M in the last six years) from major mineral development firm Newmont Mining’s Leeville underground mine and their Four Corners project. BULM also holds the Maggie Property, which is proximal to Newmont’s flagship Gold Quarry open pit that grows closer with each season of mining.

The resulting company is significantly more powerful, with an impressive 145 properties on five continents, bringing a rich diversity of both emerging targets as well established resource areas to the portfolio mix. Eurasian shareholders have moved up into a new class via this milestone merger and while the results of the shareholder meeting must still be certified, the TSX Venture Exchange has already conditionally approved it.

Specific terms of the merger offer the portrait of a very good acquisition premium at around $36.9M in total consideration, with BULM shareholders getting $0.11/share and 0.45 shares of EMXX per share of common stock. In addition, President of BULM, James Morris, has come over to the Eurasian Board of Directors, with Chairman and CEO of BULM, Don Morris, taking up a position on EMXX’s advisory board. BULM will file an SEC Form 15 accordingly and cease obligatory SEC reporting (via 10-K’s and etc.) as the deregistration clears.

This is an exceptional power move for EMXX which should invite a great deal of investor attention, especially as the frenzy of gold buying by central banks and large hedge funds continues apace in a global economic environment still plagued by outstanding, seemingly irresolvable sovereign debt crises. As demand for gold from central banks more than doubled in Q2 2012 from the same quarter last year, smaller mineral developers like EMXX, who have a diverse, global production capability, are becoming increasingly attractive targets in the securities space for savvy investors.

For more information on the merger, or to get a better look at Eurasian Minerals Inc., head on over to the company’s website located at: www.EurasianMinerals.com

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