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Eurasian Minerals Inc.(TSXV:EMX) announced a new merger with Bullion Monarch Mining, Inc. Both companies closed the merger on August 17, 2012.
As quoted in the press release:
Under the terms of the merger agreement, BULM shareholders receive 0.45 of an EMX common share and US$0.11 in cash for each share of BULM common stock held. The value of the total Merger consideration paid to BULM shareholders is approximately US$36.9 million.
Click here to read the Eurasian Minerals Inc. (TSXV:EMX) press release
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