Thats $1.25 per share based on Eurasians current stock price... Im thinkin that Eurasian could be on the up and up right now, which will make our holdings worth a lot more.
I bet the insiders of BULM were privy to info that made them see the deal as being a lot sweeter than us common holder see yet... They have had this company in the family for decades and all their grand kids, etc have shares. They are looking at the bigger picture imo, Eurasian is well funded and positioning themselves to see a MUCH higher market cap. Possibly in the billions... 145 properties (several being bonanza grade potential) is a massive holding for a market cap as low as Eurasians
Food for thought,... In the past year Eurasian has traded as high as 3.77, which would equate to 1.66 per share for BULM + the .11 kicker = 1.76 per... With Eurasian moving back over the 200MA, im thinkin its preparing to trend higher... Nice to see them working to increase market exposure as well...
January 25, 2012 Eurasian Minerals Lists on the NYSE Amex under the Symbol "EMXX" Vancouver, British Columbia, January 25, 2012 (TSX Venture: EMX) - Eurasian Minerals Inc. (the "Company" or "Eurasian Minerals") is pleased to announce that its common shares have been approved for listing on the NYSE Amex beginning on January 30, 2012 under the ticker symbol "EMXX". The common shares will continue to be listed on the TSX Venture Exchange under the ticker symbol "EMX".
The listing of its common shares on the NYSE Amex is a significant milestone for Eurasian Minerals, and will provide the Company with broader exposure to investors in the United States and world-wide. Eurasian Minerals has a global exploration portfolio, and this broader market exposure reflects the Company's growth and will increase liquidity for its shareholders.
"We welcome Eurasian Minerals to the NYSE Euronext family of listed companies and onto the NYSE Amex," said Scott Cutler, Executive Vice President, NYSE Euronext. "The NYSE Amex helps companies like Eurasian Minerals and its shareholders benefit from our superior trade execution, our relationships with institutional investors and our extensive suite of investor relations services. We look forward to building a strong and lasting relationship with Eurasian Minerals' management and shareholders."
About Eurasian Minerals. Eurasian Minerals is a global gold and copper exploration company utilizing a partnership business model to explore the world's most promising and under-explored mineral belts. Eurasian Minerals currently has projects in ten countries on four continents, and generates wealth via grassroots prospect generation, strategic acquisition, royalty growth and merchant banking.
For further information contact:
David M. Cole President and Chief Executive Officer Phone: (303) 979-6666 Email: dave@eurasianminerals.com Website: www.eurasianminerals.com
This news release contains certain forward-looking statements regarding the anticipated listing of the Company's common shares on the NYSE Amex and the anticipated consequences thereof. Actual events or results may differ materially from those contained in these forward-looking statements. Among the important factors that could cause future events or results to vary from those addressed in the forward-looking statements include without limitation, risks and uncertainties arising from the completion of the Company's listing on the NYSE Amex. In addition, please refer to the documents that the Company files with Canadian securities regulatory authorities and the United States Securities and Exchange Commission. The filings by the Company identify and address other important factors that could cause events and results to differ materially from those contained in the forward-looking statements set forth in this news release and the Company's other filings. The Company is under no duty to update any of the forward-looking statements after the date of this news release to conform to actual results.
The NYSE Amex, TSX Venture Exchange and Investment Industry Regulatory Organization of Canada do not accept responsibility for the adequacy or accuracy of this release.
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