Eurasian Minerals Inc.
TSX VENTURE : EMX

Eurasian Minerals Inc.

March 15, 2010 07:00 ET

Eurasian Minerals Closes US$5 Million Placement With IFC

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 15, 2010) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE:EMX) is pleased to announce the closing of the approximately US$5 million private placement by IFC, a member of the World Bank Group.

EMX issued 2,559,510 units to IFC, each unit consisting of one common share and three-quarters of a share purchase warrant, at a unit price of C$2.06. Each whole warrant entitles IFC to purchase a further common share for C$2.88 until the earlier of (a) three years from the date on which drilling commences on EMX's Treuil-La Mine property in Haiti, or (b) February 19, 2015. The shares, and any shares issued on the exercise of the warrants, are subject to a restricted resale period under Canadian securities law expiring on July 15, 2010.

About IFC. The IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives. It fosters sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments. The IFC's new investments totalled US$14.5 billion in fiscal 2009, helping channel capital into developing countries during the financial crisis. For more information, visit www.ifc.org.

About EMX. EMX is a TSX Venture Exchange Tier 1 company exploring and investing in a mineral property portfolio located in some of the most prospective, but under-explored mineral belts of the world. EMX's Haiti program is focused on over 2,800 square kilometres of exploration ground in a new, emerging gold belt that was established in 2006. To date, the program has led to new gold-silver-copper discoveries, as well as the acquisition of properties with historic mineral resources. EMX has Joint Venture and Regional Exploration Alliance agreements in Haiti with Newmont Ventures Limited. The Company also has business units exploring in Turkey, the Kyrgyz Republic, Europe, the Asia-Pacific, and western North America. EMX follows the prospect generation business model, with many properties being explored and funded under royalty, joint venture, lease/option, and exploration alliance agreements.

This press release is not an offer of securities for sale or solicitation of an offer of securities for sale in the United States. The Company's securities have not been, nor will be, registered under the United States Securities Act of 1933, as amended, (the "US Securities Act") or state securities laws and may not be offered or sold in the United States or to US persons absent registration under the US Securities Act and state securities laws or applicable exemptions from the registration requirements of such laws.

Certain disclosure in this release, including the completion and closing of the private placement, management's assessment of EMXs plans and projects, constitutes forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to EMX's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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