Certain of the statements made and information provided in this presentation forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as "anticipates", "believes", "budget", "continue", "estimates", "expects", "forecasts", "guidance", "intends", "plans", "projected" or "scheduled" ...

Eldorado Gold agreed to acquire Foran Mining for approximately 3.8 billion Canadian dollars, or US$2.79 billion, including debt. ...

Combination strengthens Eldorado’s exceptional growth profile Pro-Forma Company to generate sector-leading free cash flow and profit margins Long-life assets with near-term organic expansion and scale Diversifies portfolio with addition of a project of Canadian national importance Dan Myerson to join Board of Directors (All amounts expressed in U.S. dollars unless otherwise noted) VANCOUVER, British Columbia, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX:ELD) (NYSE:EGO) (“Eldorado”) and ...

Core Viewpoint - Eldorado Gold Corporation is acquiring Foran Mining Corporation to create a leading gold-copper mining company with significant growth potential, strong cash flow, and a diversified asset portfolio, benefiting from robust metal prices and demand for critical minerals [1][3]. Transaction Overview - Eldorado will acquire all outstanding common shares of Foran, offering shareholders 0.1128 Eldorado shares and $0.01 in cash per Foran share, representing an 8.0% premium to Foran's 20-day volume-weighted average trading price [2]. - The transaction values Foran at approximately C$3.8 billion, with existing Eldorado and Foran shareholders owning approximately 76% and 24% of the combined company, respectively [2]. Strategic Rationale - The combined entity is expected to produce approximately 900,000 gold equivalent ounces in 2027, generating around $2.1 billion in EBITDA and $1.5 billion in free cash flow [3]. - The asset base will provide balanced exposure with approximately 77% gold, 15% copper, and 8% other metals across Canada, Greece, and Türkiye, enhancing jurisdictional and commodity diversification [3][4]. - Eldorado aims to accelerate organic growth opportunities, including advancing Foran's high-grade polymetallic Tesla zone [3]. Leadership Commentary - Eldorado's CEO emphasized the transaction's potential to create a stronger growth company with significant cash flow generation and multiple catalysts, supported by long-life assets and exploration upside [5]. - Dan Myerson from Foran highlighted the transaction's ability to provide scale and financial strength to the McIlvenna Bay project, positioning Eldorado for enhanced free cash flow and production growth [5]. Government Support - The Premier of Saskatchewan noted that the transaction reinforces the province's position as a leading destination for responsible resource development, with McIlvenna Bay expected to deliver jobs and long-term economic benefits [6]. Canadian Headquarters and Economic Benefits - The combined business will be headquartered in Vancouver and intends to expand investment in Canadian exploration and development activities, with McIlvenna Bay recognized as a project of national interest [7]. Transaction Approvals and Timing - The transaction is expected to close in Q2 2026, pending court and regulatory approvals, as well as shareholder votes from both Eldorado and Foran [8][10][14].

Core Insights - Eldorado Gold Corporation has announced the discovery of four new high-grade zones at the Lamaque Complex and the initiation of studies for potential expansion [1][3] - The company has identified a new high-grade gold and silver zone, the NW Zone, and high-grade extensions of the West Flats Zone at Olympias, along with a gold-copper skarn system along the Stratoni Fault [1][3] Exploration Highlights - At the Lamaque Complex in Quebec, high-grade mineralization has been confirmed across multiple deposits, with significant intercepts including: - Ormaque South-East: 13.5 m at 13.59 g/t Au and 4.1 m at 15.65 g/t Au [3] - Ormaque West extension: 1.0 m at 338.66 g/t Au and 1.2 m at 81.98 g/t Au [3] - Garnet Zone: 5.0 m at 7.31 g/t Au and 1.7 m at 10.05 g/t Au [3] - Historic Lamaque Mine extensions: 4.2 m at 8.02 g/t Au and 1.7 m at 34.77 g/t Au [3] Greece Exploration - The Olympias NW Zone has been identified within 200 meters of mine infrastructure, with notable drill results including: - 7.55 m at 18.93 g/t Au, 123.15 g/t Ag, 3.17% Pb, and 0.43% Zn [3] - 23.4 m at 22.30 g/t Au, 331.19 g/t Ag, 11.74% Pb, and 9.70% Zn in the West Flats area [3] - The Stratoni Skarn has shown promising results with intercepts such as 42.75 m at 0.83 g/t Au and 0.49% Cu [3][40] Future Plans - The company plans to increase its exploration budget for 2026 to between $75 million and $85 million, focusing on resource conversion and expansion drilling [7][52] - Approximately 80,000 to 90,000 meters of drilling is planned across the Lamaque-Bourlamaque property, targeting extensions of existing resources and new opportunities [26][27] Strategic Partnerships - Eldorado is pursuing early-stage exploration opportunities through partnerships with junior exploration companies and local entities, enhancing its exploration footprint [49][50] Investment in Exploration - Total exploration spending increased to approximately $51 million in 2025, with a projected increase to $75 million to $85 million in 2026, reflecting the company's commitment to organic discovery and resource expansion [51][52]

Key Points Eldorado Gold announced progress at its project in Greece. The company announced the start of a dividend program. Investors interested in gold stocks and dividend stocks have other options besides Eldorado Gold. 10 stocks we like better than Eldorado Gold › Beginning the shortened trading week on a positive note, Eldorado Gold (NYSE: EGO) stock ended Tuesday's trading session about 6% higher from the close of Friday's session. And the gold stock's momentum continued over the next coupl ...

Core Viewpoint - Eldorado Gold Corporation has announced the initiation of a dividend program, marking a significant milestone in delivering value to shareholders and reflecting the company's strong financial position and growth strategy [1][2]. Dividend Announcement - The initial quarterly dividend is set at US$0.075 per common share, payable on March 13, 2026, to shareholders of record as of February 27, 2026 [1]. - The dividend is classified as an "eligible dividend" for Canadian income tax purposes, with payments made in US dollars for shareholders outside Canada, while Canadian residents will receive their dividends in Canadian dollars [3]. Financial Performance and Shareholder Returns - The introduction of the dividend highlights the company's confidence in the Skouries project as it transitions into production and begins generating significant cash flow [2]. - In 2025, the company repurchased and canceled approximately US$204 million in common shares, demonstrating a commitment to disciplined capital returns alongside the new dividend program [2]. Future Dividend Considerations - Future dividends will be subject to the discretion of the Board of Directors and will depend on the company's financial performance, capital requirements, and business conditions [4].

Group 1 - The mining industry is categorized into established producers with diversified portfolios and limited growth potential, and developers of single-asset projects that focus on specific opportunities [1] - The focus on consumer products highlights the importance of strong brand recognition, solid financials, and growth potential in identifying investment opportunities [1] Group 2 - The article emphasizes the significance of understanding consumer trends for successful investment in the consumer products sector [1] - The mining industry dynamics suggest a contrast between stability in established companies and the growth potential in single-asset project developers [1]

Core Viewpoint - Eldorado Gold Corporation is advancing its high-quality growth projects in Greece, which are expected to deliver significant production growth, improved margins, and enhanced cash flow starting in 2026 [1] Group 1: Skouries Project - The Skouries Project is on track for first concentrate production by the end of Q1 2026, with commercial production anticipated in mid-2026 [5][8] - As of December 31, 2025, overall project progress is 90% for phase 1 and 78% for phase 2, with significant advancements in underground development and open pit mining [5][13] - The project is expected to generate an average annual production of 140,000 ounces of gold and 67 million pounds of copper over a 20-year mine life [7] Group 2: Olympias Expansion - The Olympias expansion project is progressing towards increasing processing capacity from 500,000 tonnes per annum to 650,000 tonnes per annum, with completion expected in Q3 2026 [4][39] - Improved concentrate off-take terms starting in 2026 are expected to enhance cash flow significantly, with higher payability and lower treatment charges compared to 2025 [41] Group 3: Perama Hill Development - The Perama Hill project is expected to produce approximately 100,000 ounces of gold annually over an initial eight-year mine life, with potential for extension [42] - The Environmental Impact Assessment (EIA) was submitted in December 2025, marking a key step towards project development [6][42] - Community consultation processes are set to begin, ensuring stakeholder engagement and transparency [43] Group 4: Financial and Operational Highlights - The capital cost estimate for the Skouries Project is revised to $1.06 billion, with the project fully funded [10] - Accelerated operational capital costs are expected to increase by approximately $24 million to support pre-commercial mining activities [11] - As of December 30, 2025, there are approximately 1.2 million tonnes of ore stockpiled, containing about 47.3 thousand ounces of gold and 12.5 million pounds of copper [31]

Core Viewpoint - Eldorado Gold Corporation is advancing its growth projects in Greece, particularly Skouries, Olympias Expansion, and Perama Hill, which are expected to significantly enhance production, margins, and cash flow starting in 2026 [1][6]. Skouries Project - The Skouries Project is on track for first concentrate production by the end of Q1 2026, with commercial production anticipated by mid-2026 [5][8]. - As of December 31, 2025, overall project progress is reported at 90% for phase 1 and 78% for phase 2, with significant advancements in underground development and open pit mining [13][32]. - The project is expected to yield an average annual production of 140,000 ounces of gold and 67 million pounds of copper over a 20-year mine life [7]. Olympias Expansion - The Olympias Expansion is progressing towards increasing processing capacity from 500,000 tonnes per annum to 650,000 tonnes per annum, with completion expected in Q3 2026 and ramp-up in Q4 2026 [4][40]. - Improved concentrate off-take terms starting in 2026 are anticipated to enhance cash flow significantly, with higher payability and lower treatment charges compared to 2025 [42]. Perama Hill - Perama Hill is projected to produce approximately 100,000 ounces of gold annually over an initial eight-year mine life, with the Environmental Impact Assessment submitted in December 2025 [43][44]. - Community engagement processes are set to begin, ensuring stakeholder participation and transparency [44]. Financial and Operational Highlights - The capital cost estimate for the Skouries Project is revised to $1.06 billion, fully funded with a total of approximately $137 million spent in Q4 2025 and $475 million for the entire year [10][11]. - Accelerated operational capital costs are expected to increase by approximately $24 million to support pre-commercial mining activities [11][12]. - As of December 30, 2025, there are approximately 1.2 million tonnes of ore stockpiled, containing about 47.3 thousand ounces of gold and 12.5 million pounds of copper [32][47].