EURASIA GOLD CORP. (EGX:TSX-V)

[img:05799e2734]http://www.ifa.co.uk/icons/logos/uk_logo.gif[/img:05799e2734] Breaking News : Ample brings you breaking news throughout the day to support your investment decisions. You can also filter by category. (AFX UK Focus) 2004-07-28 15:04 GMT: [b:05799e2734]Thistle Mining subsidiary sells stake in Eurasia Gold[/b:05799e2734] Article layout: raw LONDON (AFX) - Thistle Mining Inc said its wholly owned French subsidiary CIDEM sold its 57.7 pct stake in Eurasia Gold Corporation, for the price equivalent of 0.10 cad per share. The consideration comprises 3.5 mln usd in cash and 1.6 mln usd in shares of Charaltyn, a gold mining and exploration company listed on the Kazakhstan Stock Exchange. The shares represent a 2 pct stake in Charaltyn. TKA Corporation, one of the principal shareholders of Charaltyn, bought the stake in Eurasia. Also, CIDEM and Charaltyn agreed that CIDEM has an option to 25 pct of any new gold exploration and mining projects acquired by the Kazakh company until Dec 31. newsdesk@afxnews.com http://www.ifa.co.uk/shares/?type=news&articleid=5035771&action=articlehttp://www.ifa.co.uk/icons/logos/uk_logo.gif ab [b:05799e2734]Mining in Kazakhstan: Wednesday, July 28, 2004 EURASIA GOLD CORP. and THISTLE MINING INC. Thistle Mining's wholly owned French subsidiary, CIDEM, has sold its entire holding of 68,269,253 common shares of Eurasia Gold,[/b:05799e2734] representing 57.7% of the issued equity, at a price equivalent to 10 cents per share ~ ~ the consideration comprises USD3.5 million in cash and USD1.6 million in shares of Charaltyn, a Kazakhstan Stock Exchange-listed gold mining and exploration company ~ [b:05799e2734]~ CIDEM and Charaltyn have also agreed to a 25% participation agreement, whereby by CIDEM, has an option to earn interest in any new gold exploration and mining projects acquired by Charaltyn.[/b:05799e2734] (Complete Text of Jul 28, 2004 News Release) http://www.infomine.com/countries/kazakhstan.asp [img:05799e2734]http://www.insidertips.nu/images/top.jpg[/img:05799e2734] Joint press release - Completion of 2004-07-29 17:06:09 Joint press release - Completion of transaction to purchase the 57.7% interest in Eurasia held by Compagnie Internationale de Developpement 7/28/04 TORONTO, Jul 28, 2004 (Canada NewsWire via COMTEX) -- Eurasia (TSX-V symbol: EGX) and TKA are pleased to announce the completion of a purchase by TKA of 68,269,253 common shares, representing 57.7% of the issued and outstanding common shares, in Eurasia from CIDEM, a wholly owned subsidiary of Thistle Mining Inc. via private transaction (the "Transaction"). The shares acquired by TKA via the Transaction are the only shares held by TKA in Eurasia. As consideration for the shares, TKA transferred to CIDEM (i) US$3,500,000.00, (ii) 65,644,840 common shares in the capital of JSC Charaltyn representing approximately 2% of the issued and outstanding common shares of JSC Charaltyn, and (iii) a participation right in JSC Charaltyn's future projects in gold exploration or mining. In connection with the Transaction, Thistle Mining Inc., Eurasia and TKA have entered into a management fees release agreement whereby Thistle has agreed to release the management fees owed to it by Eurasia. TKA is one of the principal shareholders of JSC Charaltyn, a publicly listed Joint-Stock Company on the Kazakhstan stock exchange, which is led by Mr Baltabek Mukashev, a former director of Eurasia. TKA intends to hold the shares of Eurasia for investment purposes and has no intention at this time to acquire further shares in Eurasia. Mr. William P. McLucas and Harvey McKenzie resigned from the Board of Directors of Eurasia and as Chairman of the Board and Chief Financial Officer respectively on the completion of the Transaction. Prior to the completion of the Transaction, Mr. Gerry Roe resigned from the Board of Directors of Eurasia to pursue other business interests in the oil industry. The Board of Directors of Eurasia wishes to thank them for their contribution and to also announce that Mr. Richard Lachcik has been appointed as a director of the Eurasia. Mr. Richard Lachcik has been a partner of the law firm Macleod Dixon LLP since August 1998 and prior thereto was a partner of Weir & Foulds. He holds a law degree from Queen's University and was called to the bar in Ontario in April 1983. Mr. Lachcik specializes in the areas of corporate and securities law. He currently serves as a director and/or officer of several other public companies. THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE VIEW ADDITIONAL COMPANY-SPECIFIC INFORMATION: For further information: Eurasia Gold Corporation, Graham Bevan, President, + 44 7789 721952 TKA Corporation, Malik Nishanbayev, + 7 (3272) 581-081 http://ivarkreuger.proboards32.com/index.cgi?board=Eurasia&action=display&num=1091116340 http://www.ivarkreuger.com/gold.htm [/img]

GOLD $451.70 +$2.70 An undervalued stock price creates unbelievable investing opportunity Eurasia Gold Corp came out with a very good Q3 report, earnings up, Comparison chart CA:EGX Eurasia Gold Corp (TSX-V) CA:ABX Barrick Gold Corp (TSX) DJIA Dow Jones Industrial Average [img:1c53f3f34b]http://cbs.marketwatch.com/charts/int-adv.chart?siteid=mktw&symb=CA:EGX&sid=47743&time=9&startdate=&enddate=&freq=1&comp=ca%3Aabx&compidx=DJIA~1643&uf=7168&ma=1&maval=50&type=2&size=2&lf=4&lf2=0&lf3=0&style=1013&mocktick=1&rand=210582911&siteid=mktw[/img:1c53f3f34b] You'll get this one of a lifetime gold mine opportunity at the Toronto Stock Exchange - Symbol EGX http://www.tse.com/HttpController?GetPage=QuotesViewPage&DetailedView=DetailedPrices&Language=en&QuoteSymbol_1=egx&x=23&y=7 Eurasia Gold Corp website http://www.eurasiagold.com imo, Best regards