Eurasia Gold Inc. to obtain secondary listing
www.tsx.com/...&Market=T&Language=en&QuoteSymbol_1=egx&x=0&y=0
THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE OR
DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO A US PERSON.
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA OR JAPAN./
LONDON, Feb. 26 /CNW/ - Eurasia Gold Inc. ("Eurasia" or, the "Company")
(TSX: EGX) is announcing today its intention to seek a secondary listing on
the Main Market of the London Stock Exchange and to proceed with an offer of
ordinary shares to institutional investors (the "Global Offer"), as disclosed
in its press release of February 12, 2007.
The Global Offer will comprise an institutional only offer of new
US$-denominated ordinary shares in the UK and certain other jurisdictions. The
Global Offer will not be made available in Canada or to Canadian residents.
There will be an over-allotment option of existing ordinary shares of up to
15 per cent of the Global Offer to be provided by the controlling shareholder.
Eurasia is engaged in the exploration, mining and production of gold and
other minerals in Kazakhstan. The Company is acquiring two new development
assets: a gold - copper project in Kyrgyzstan and a silver project in
Tajikistan (the "Central Asian Assets"). These acquisitions represent a major
step in the Company's strategy to become one of the leading companies in the
Central Asian metals and mining sector.
The Company intends to use the proceeds raised in the Global Offer to,
among other things, develop its current deposits in Kazakhstan and the Central
Asian Assets, as well as to expand its ongoing geological exploration
programmes.
It is currently anticipated that the Global Offer will be completed
during March 2007.
Eurasia has appointed Nomura International and URALSIB Financial
Corporation as its advisors in the listing process.
This news release contains forward-looking statements contained that are
not historical facts. Forward-looking statements involve risks, uncertainties
and other factors that could cause actual results, performance, prospects and
opportunities to differ materially from those expressed or implied by such
forward-looking statements. Forward looking statements in this news release
include, but are not limited to, completion of the listing. Factors that could
cause actual results to differ materially from these forward-looking
statements include those risks set out in Eurasia's public documents filed on
SEDAR. Although Eurasia believes that the assumptions and factors used in
preparing the forward-looking statements are reasonable, undue reliance should
not be placed on these statements, which only apply as of the date of this
news release, and no assurance can be given that such events will occur in the
disclosed time frames or at all. Eurasia disclaims any intention or obligation
to update or revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
These materials are not for distribution, directly or indirectly, in or
into the United States, Australia, or Japan. This document does not constitute
an offer of securities for sale in the United States, nor may any securities
be offered or sold in the United States absent registration or an exemption
from registration as provided in the US Securities Act of 1933, and the rules
and regulations thereunder. No securities are being registered for offer or
sale in the United States and no public offering of any securities in the
United States will be made.
The information contained herein does not constitute an offer to sell or
the solicitation of an offer to buy nor shall there by any sale of any
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration, exemption of registration or qualification
under the securities laws of any such jurisdiction.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.
For further information: Baltabek Mukashev, President and CEO, + 7 3272
37 83 06, baltabek.mukashev@almaty.eurasiagold.com; Eurasia Gold Inc., (416)
504-2899, info@eurasiagold.com
http;//www.eurasiagold.com
www.tsx.com/...&Market=T&Language=en&QuoteSymbol_1=egx&x=0&y=0
www.tsx.com/...&Market=T&Language=en&QuoteSymbol_1=egx&x=0&y=0
THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE OR
DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO A US PERSON.
NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA OR JAPAN./
LONDON, Feb. 26 /CNW/ - Eurasia Gold Inc. ("Eurasia" or, the "Company")
(TSX: EGX) is announcing today its intention to seek a secondary listing on
the Main Market of the London Stock Exchange and to proceed with an offer of
ordinary shares to institutional investors (the "Global Offer"), as disclosed
in its press release of February 12, 2007.
The Global Offer will comprise an institutional only offer of new
US$-denominated ordinary shares in the UK and certain other jurisdictions. The
Global Offer will not be made available in Canada or to Canadian residents.
There will be an over-allotment option of existing ordinary shares of up to
15 per cent of the Global Offer to be provided by the controlling shareholder.
Eurasia is engaged in the exploration, mining and production of gold and
other minerals in Kazakhstan. The Company is acquiring two new development
assets: a gold - copper project in Kyrgyzstan and a silver project in
Tajikistan (the "Central Asian Assets"). These acquisitions represent a major
step in the Company's strategy to become one of the leading companies in the
Central Asian metals and mining sector.
The Company intends to use the proceeds raised in the Global Offer to,
among other things, develop its current deposits in Kazakhstan and the Central
Asian Assets, as well as to expand its ongoing geological exploration
programmes.
It is currently anticipated that the Global Offer will be completed
during March 2007.
Eurasia has appointed Nomura International and URALSIB Financial
Corporation as its advisors in the listing process.
This news release contains forward-looking statements contained that are
not historical facts. Forward-looking statements involve risks, uncertainties
and other factors that could cause actual results, performance, prospects and
opportunities to differ materially from those expressed or implied by such
forward-looking statements. Forward looking statements in this news release
include, but are not limited to, completion of the listing. Factors that could
cause actual results to differ materially from these forward-looking
statements include those risks set out in Eurasia's public documents filed on
SEDAR. Although Eurasia believes that the assumptions and factors used in
preparing the forward-looking statements are reasonable, undue reliance should
not be placed on these statements, which only apply as of the date of this
news release, and no assurance can be given that such events will occur in the
disclosed time frames or at all. Eurasia disclaims any intention or obligation
to update or revise any forward-looking statement, whether as a result of new
information, future events or otherwise.
These materials are not for distribution, directly or indirectly, in or
into the United States, Australia, or Japan. This document does not constitute
an offer of securities for sale in the United States, nor may any securities
be offered or sold in the United States absent registration or an exemption
from registration as provided in the US Securities Act of 1933, and the rules
and regulations thereunder. No securities are being registered for offer or
sale in the United States and no public offering of any securities in the
United States will be made.
The information contained herein does not constitute an offer to sell or
the solicitation of an offer to buy nor shall there by any sale of any
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration, exemption of registration or qualification
under the securities laws of any such jurisdiction.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.
For further information: Baltabek Mukashev, President and CEO, + 7 3272
37 83 06, baltabek.mukashev@almaty.eurasiagold.com; Eurasia Gold Inc., (416)
504-2899, info@eurasiagold.com
http;//www.eurasiagold.com
www.tsx.com/...&Market=T&Language=en&QuoteSymbol_1=egx&x=0&y=0
