British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Sunday, May 28, 2006

BVI company acquires 38.1 million shares or 25% of Eurasia Gold

Short information on latest acquirings of BVI companies.

A British Virgin Islands company Ansley Financial Holdings Ltd. has acquired nearly 25 per cent of Canada based mining company Eurasia Gold Corp. Thus BVI company again enlarged its share in the company JSV Charaltyn, a gold producer in Kazakhstan.

This is quite a interesting business combination as far as BVI company recently already was a major shareholder in JSV Charaltyn and made 100 million US$ share swap deal in which Eurasia Gold Corp. acquired this gold producing company.

After Eurasia Gold was halted on the Toronto Stock Exchange on May 25 2006, the British Virgin Islands company Ansley Financial Holdings Ltd. announced it had acquired 38.1 million Class A shares of the mining company. This makes almost 25 per cent of the company. As many large deals it made a positive impact on the stock prise. Eurasia Gold stock rose $2.82 to $3.10 on Toronto Stock Exchange on the same day.

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