Brief: Eldorado To Buy Foran In Deal Valued At About C$3.8 Billion

Foran Mining

02/02/2026 11:28

Feb 2 (Reuters) - Eldorado Gold Corp ELD.TO:

ELDORADO AND FORAN COMBINE TO CREATE A LEADING GOLD AND COPPER PRODUCER

ELDORADO GOLD CORP: FORAN SHAREHOLDERS WILL RECEIVE 0.1128 COMMON SHARES OF ELDORADO AND $0.01 IN CASH FOR EACH FORAN SHARE

ELDORADO GOLD CORP: PROPOSED DEAL FOR EQUITY VALUE FOR FORAN OF APPROXIMATELY C$3.8 BILLION

ELDORADO GOLD: ELDORADO AND FORAN SHAREHOLDERS WILL OWN APPROXIMATELY 76% AND 24% OF COMBINED COMPANY

ELDORADO GOLD CORP: DURING 2026 BOARD WILL EMBARK ON A PROCESS SPECIFICALLY TO ADVANCE ITS BOARD SUCCESSION PROGRAM

Source text: ID:nGNX6C8lMY

Further company coverage: ELD.TO

 ((Reuters.Briefs@thomsonreuters.com;))