Subsidiary acquisition
December 09 2003 - 8:30AM
UK Regulatory
RNS Number:0120T
Thistle Mining Inc.
09 December 2003
Thistle Mining Inc.'s Subsidiary Acquired Additional Shares
of Eurasia Gold Corp.
Toronto, 9th December 2003 (TSX: THT, AIM: TMG) Thistle Mining Inc. ("Thistle")
wishes to announce that its wholly owned subsidiary, Compagnie Internationale de
Developpement Minier ("CIDEM") has acquired, pursuant to a private agreement
that took place in the United Kindom, 5,720,000 shares of Eurasia Gold Corp.
("Eurasia") (CDNX:EGX) at a purchase price of $0.02 per share. As a result of
this transaction, CIDEM now holds an aggregate of 65,720,000 common shares of
Eurasia. CIDEM has acquired the shares for investment purposes. Both Thistle and
CIDEM may acquire further shares if the price is deemed to be acceptable.
Thistle holds 2,549,253 shares of Eurasia. This brings the aggregate holdings of
CIDEM and Thistle to 68,269,253 shares which represent 57.7% of Eurasia's
outstanding common shares.
-30-
For further information contact:-
Willie McLucas
President and Chief Executive Officer
william.mclucas@thistlemining.com
+44 131 557 6222 or +44 7836 638 912
In Canada
Harvey McKenzie
Chief Financial Officer
harvey.mckenzie@thistlemining.com
+1 416 594 3293
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQUWUBROARURAA