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Eldorado and Foran urge shareholders to vote FOR merger plan combining gold and copper assets.

Company Fundamentals
01 Apr 2026
GlobeNewsWire
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Bullish
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Eldorado Gold Corporation and Foran Mining Corporation are urging their shareholders to vote in favor of a proposed arrangement that will merge Foran into Eldorado as a wholly-owned subsidiary. The merger aims to combine Eldorado's established operations and financial strength with Foran's copper growth projects, including near-term production from Skouries and McIlvenna Bay. The combined company expects significant EBITDA and free cash flow in 2027, diversified assets across Canada, Greece, and Türkiye, and enhanced exploration potential. Shareholder meetings are scheduled for April 7, 2026, with voting deadlines on April 2, 2026, and both boards unanimously recommend approval of the arrangement.

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