Eurasian Minerals Announces US$5.0 Million Investment Proposal by IFC

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Vancouver, British Columbia, December 8, 2009 (TSX Venture: EMX) – Eurasian Minerals Inc. (the “Company” or “EMX”) is pleased to announce a US$5.0 million investment proposal by IFC (International Finance Corporation), the member of the World Bank Group focused on private sector investments in developing countries. IFC’s proposed investment would bring EMX’s treasury position to approximately CDN$14 million in cash and tradable securities, placing the Company in a strong position to further advance its current projects, while pursuing additional new business opportunities. EMX is privileged for the opportunity to have IFC as a long-term partner with access to finance, influential incountry support, and expert advice in managing environmental, social, and regulatory issues.

Terms of the Agreement. IFC plans to make a US$5 million private placement investment in EMX that would call for the issuance of 2,498,859 EMX units consisting of one common share and three-quarters of a common share purchase warrant. The number of common shares issued is equal in value to US$5 million, as determined using the twenty trading day volume weighted average price of CDN$2.11 per share, and the average Bank of Canada exchange rate for the same period. Under the proposal, IFC would also receive three-quarters of a common share purchase warrant for each share so determined. Each whole common share purchase warrant would entitle IFC to acquire a common share at an exercise price of CDN$2.95 for a period of three years from the date of initial drilling at the La Mine or Treuil project areas in Haiti, or five years, whichever comes first. Closing of the investment is subject to certain conditions, including completion of IFC’s due diligence, approval by IFC’s Board of Directors, approval of the TSX Venture Exchange, and the execution of definitive agreements. The securities issued pursuant to this financing will be subject to applicable resale restrictions under Canadian and United States securities law.

The proceeds from IFC’s proposed private placement are primarily to be used to fund the Company’s prospecting and exploration expenditures in Haiti, Turkey, and the Kyrgyz Republic, but may also be used to fund activities in other countries in which EMX is actively exploring, and which are included in IFC’s approved country list.

About IFC. IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives. IFC 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. New IFC investments totaled $14.5 billion in fiscal 2009, helping channel capital into developing countries during the financial crisis. For more information, visit

About EMX. EMX is a TSX Venture 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 flagship program is in Haiti, with over 2,800 square kilometers of exploration ground in a new, emerging gold belt. EMX’s Haiti program, established in 2006, 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, Asia-Australia, 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.

For further information contact:

David M. Cole
President and Chief Executive Officer
Phone: (303) 979-6666 

Kim C. Casswell
Corporate Secretary
Phone: (604) 688-6390


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

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 EMX’s 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.