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Eurasian Minerals Inc. (TSXV:EMX,NYSE:EMXX) acquired 8,000,000 units in a non-brokered private placement financing of Iron Creek Capital Corp. (TSXV:IRN) at a price of $0.06 per unit, for total consideration paid of $480,000.
As quoted in the press release:
Each Unit consists of one common share in the capital of Iron Creek (a “Share”) and one-half of a non-transferrable common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase an additional Share at $0.10 until June 10, 2015.
As a result of its participation in this private placement, Eurasian now holds 8,000,000 Shares, representing approximately 15.06% of Iron Creek’s issued and outstanding Shares. All of these 8,000,000 Shares are held directly by Eurasian and are being held for investment purposes.
Click here to read the Eurasian Minerals Inc. (TSXV:EMX,NYSE:EMXX) press release
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