Eurasia Gold completes US$168 million acquisition of Bozymchak and Akjilga Projects

On March 30, 2007, Eurasia Gold Inc. announced that it had completed the acquisition of 100% of the rights to the Bozymchak Gold-Silver-Copper Project in Kyrgyzstan and to the Akjilga Silver Project in Tajikistan for a purchase price of US$167,806,739 which was paid by issuing 169,249,163 shares of Eurasia. The assets were acquired from companies controlled by Mr. Kumar Mukashev, a director of Eurasia. The acquisition was previously approved by shareholders at a special meeting of shareholders held on March 13, 2007 and was also the subject of a formal valuation prepared by Haywood Securities Inc. in accordance with applicable Canadian securities law requirements.

Georges Dubé and Bozidar Crnatovic of Fasken Martineau advised Haywood Securities in connection with its mandate to provide the special committee of directors with a valuation of the material assets being acquired.