Newmont Mining Corporation of Canada Limited Acquires 2,000,000 Shares of
Eurasian Minerals Inc. Through Private Placement


    



    
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<p><span class="xn-location">DENVER</span>, <span class="xn-chron">June 7</span> /CNW/ -- Newmont Mining Corporation (NYSE:   NEM; "Newmont") announced today that its wholly owned subsidiary, Newmont Mining Corporation of <span class="xn-location">Canada</span> Limited, acquired 2,000,000 common shares ("Shares") of Eurasian Minerals Inc. ("Eurasian") by way of private placement at a price of Cdn <span class="xn-money">$2.20</span> per Share for aggregate gross proceeds to Eurasian of Cdn <span class="xn-money">$4,400,000</span>.</p>
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<p>After giving effect to the private placement, Newmont beneficially owns and controls approximately 10.18% of the Shares (calculated based on 36,348,522 current outstanding Shares).</p>
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<p>The Shares were issued pursuant to the terms of a subscription agreement and reliance is made upon the exemption noted in Section 2.3 of National Instrument 45-106 - Prospectus and Registration Exemptions.</p>
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<p>The Shares were acquired for investment purposes.  In the future, Newmont and its affiliates may increase or decrease their ownership in the securities of Eurasian depending on the business and prospects of Eurasian as well as market conditions.</p>
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<p>Further information (including a copy of the report to be filed with Canadian securities regulators in connection with this transaction) can be obtained by contacting:</p>
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    Newmont Mining Corporation
    6363 Fiddlers Green Circle
    Greenwood Village, CO 80111
    United States





    

For further information: For further information: Investor Relations, John Seaberg, +1-303-837-5743, john.seaberg@newmont.com, or Karli Anderson, +1-303-837-6049, karli.anderson@newmont.com, or Monica Brisnehan, +1-303-837-5836, monica.brisnehan@newmont.com, or Media Relations, Omar Jabara, +1-303-837-5114, omar.jabara@newmont.com, all of Newmont Mining Corporation Web Site: http://www.newmont.com

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