Eurasia Gold completes C$20 million private placement



    /THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE OR
    DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO A US PERSON.
    NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA OR JAPAN./

    TORONTO, March 29 /CNW/ - Eurasia Gold Inc. ("Eurasia" or, the "Company")
(TSX: EGX) is announcing today that it has completed the previously announced
private placement of 16,637,551 common shares (approximately 10.9% of its
pre-placement outstanding shares) to TKA Corporation, at a price of C$1.2021
per share. TKA Corporation is controlled by Mr. Kumar Mukashev, a director of
Eurasia. As a result of the placement, Mr. Mukashev currently owns or has
control or direction over an aggregate of 100,636,706 shares of Eurasia
representing 59.3% of the 169,767,746 outstanding common shares.

    These materials are not for distribution, directly or indirectly, in or
into the United States, Australia, or Japan. This document does not constitute
an offer of securities for sale in the United States, nor may any securities
be offered or sold in the United States absent registration or an exemption
from registration as provided in the US Securities Act of 1933, and the rules
and regulations thereunder. No securities are being registered for offer or
sale in the United States and no public offering of any securities in the
United States will be made.

    The information contained herein does not constitute an offer to sell or
the solicitation of an offer to buy nor shall there by any sale of any
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration, exemption of registration or qualification
under the securities laws of any such jurisdiction.

    No stock exchange, securities commission or other regulatory authority
    has approved or disapproved the information contained herein.




For further information:

For further information: Baltabek Mukashev, President and CEO, + 7 3272
37 83 06, baltabek.mukashev@almaty.eurasiagold.com; Eurasia Gold Inc., (416)
504-2899, info@eurasiagold.com

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EURASIA GOLD INC.

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