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Eldorado Gold Corp T.ELD

Alternate Symbol(s):  EGO

Metals & Mining Gold
Eldorado Gold Corporation is a Canada-based gold and base metals producer with mining, development and exploration operations in Turkiye, Canada, Greece and Romania. The Company’s operations include Lamaque, Olympias, Efemcukuru and Kisladag. The Lamaque is an underground gold mine in Val-d’Or, Quebec. The Olympias operation is a gold-silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece. Efemcukuru is an underground operation located in Izmir Province in western Turkiye. Kisladag is located in Usak Province in western Turkiye. Its Skouries project is a world-class asset located on the Halkidiki Peninsula in northern Greece. The Certej project is a non-core gold asset in Romania. Its other operations include Perama Hill and Stratoni. Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece. Perama Hill is an epithermal gold-silver deposit located in the Thrace region of northern Greece.


TSX:ELD - Post by User

Eldorado Gold Corp
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(1956)
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Post by Betteryear2on May 30, 2023 10:59pm
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Post# 35471576

Eldorado Gold Announces C$81.5 Million Strategic Investment

Eldorado Gold Announces C$81.5 Million Strategic InvestmentVANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or the “Company”) is pleased to announce it has entered into agreements with respect to a C$81.5 million strategic investment in Eldorado by the European Bank for Reconstruction and Development (the "EBRD"). The investment is to be effected by way of a private placement whereby the EBRD will subscribe for 6,269,231 shares at a price of C$13.00 per share. (the “Private Placement”). The proceeds of the Private Placement will be invested in the Skouries project in Northern Greece, and will be credited against the Company’s 20% equity funding commitment per the terms of the project financing facility that closed on April 5, 2023.

Eldorado Gold Announces C$81.5 Million Strategic Investment (globenewswire.com)
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