NEWS ROUNDUP — Euro-Nevada issues special warrants

Pursuant to a previous agreement, Euro-Nevada Mining (TSE) has issued two million special warrants at $25 each to raise $50 million.

Each special warrant is convertible into a common share and a warrant. Two warrants entitle the holder to buy an additional common share of Euro-Nevada for five years at $32 per share.

Euro-Nevada holds gold royalties on 30 properties in the foremost gold producing regions of North America including the Carlin Trend, Hemlo and Eskay Creek. Ten properties are in production.