Eurasia Gold Corp. Gold in Kazakstan


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Ivar Kreuger:

Eurasia Gold Corp. Gold in Kazakstan

 
08.10.04 17:55
Eurasia Gold Corp. is a gold producing company incorporated in Canada and headquartered in Toronto, Ontario. The company operates two gold mines in the Republic of Kazakhstan

Kazakhstan was one of the major mineral producing republics of the former Soviet Union and is well endowed with large resources in a wide range of minerals, including gold.
www.ivarkreuger.com/gold.htm

Eurasia is a tier 1 company and trades under the symbol "EGX" on the Canadian Venture Exchange and under the symbol "EAGCF" on Nasdaq.
Toronto Stock Exchange
www.tse.com/...edPrices&Language=en&QuoteSymbol_1=egx&x=20&y=6

www.eurasiagold.com/
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Ivar Kreuger:

Reverse Takeover coming

 
22.05.05 21:12
From Aton brokerage in Moscow:

Charaltyn. Kazakhstan gold miner plans Toronto IPO

Kazakh mining company Charaltyn plans to consolidate its assets
with Canada's Eurasia Gold Corp. ahead of a Toronto IPO later
this year, Reuters reports this morning.

Charaltyn President Baltabek Mukashev said the consolidation
would be carried out through a reverse takeover of Eurasia Gold,
followed by a new share issue, but did not specify its size.

Mukashev gave not further details of the flotation, but said proceeds
would be used to expand gold ore production in Kazakhstan.

At the start of the year, Mukashev had said the company planned to
raise $30mn-$40mn on Western capital markets.

Charaltyn and Eurasia have a joint shareholder, TKA Corp., which in
July 2004 acquired 57.7% of Eurasia, operator of gold mining assets
in eastern Kazakhstan.

Charaltyn has two gold mines in the same area and one silver deposit,
while its Andas-Altyn subsidiary is developing two neighboring gold mines.

Charaltyn has estimated combined gold reserves of 85.5 tons and increased
gold production by 10% y-o-y in 2004 to 2.5 tons.

Eurasia Gold Website
www.eurasiagold.com

Symbol: EGX @ Toronto Exchange
www.tse.com/...edPrices&Language=en&QuoteSymbol_1=egx&x=38&y=3
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