Eldorado Gold Mails Circular, Leadership Update

Eldorado Gold Corporation has announced the mailing of a joint management information circular for the upcoming meetings of Eldorado and Foran Mining Corporation shareholders. These meetings are in connection with Eldorado's proposed combination with Foran. The circular provides detailed information about the transaction, including its background and matters for shareholder votes. The Eldorado board unanimously recommends that its shareholders vote in favor of the transaction. The company highlights several benefits of the transaction, including significant near-term growth, substantial expected EBITDA and free cash flow, a diversified and long-life asset base, and exploration upside. Additionally, Eldorado announced a senior leadership transition plan: George Burns, the current CEO, will retire in Q3 2026, and Christian Milau, the current President, will assume the CEO role. Steven Reid, the Chair of the Board, intends to retire in 2027. Dan Myerson, CEO of Foran, will be appointed to the Eldorado Board as Deputy Chair following the transaction's completion. Shareholders are encouraged to vote on the transaction as soon as possible.