Eldorado Gold Reports Voting Results from Special Meeting of Shareholders

• On April 7 2026 Eldorado Gold announced that shareholders approved the issuance of common shares needed to complete the arrangement with Foran Mining Corp.
• Approval: 84.21% of votes cast in favour; 149,602,115 shares voted (≈75.3 % of all outstanding).
• The vote clears a key condition; court hearing scheduled for April 9 2026 with expected closing on or about April 14 2026.
• Management highlighted strategic fit and long‑term value creation from adding the McIlvenna Bay gold‑copper asset.

• The vote outcome was in line with prior expectations: ISS had already recommended a FOR vote, the board unanimously supported the deal, and the transaction terms were disclosed in February 2026.
• Approval removes a major uncertainty but does not alter the fundamental economics of the combination; the implied equity value (~C$3.8 bn) and projected 2027 EBITDA (~$2.1 bn) remain as previously guided.
• Consequently, the news is routine‑positive – it confirms progress toward a previously announced transaction but does not constitute a material surprise or game‑changer.

• Eldorado Gold Corp. is a mid‑tier gold and base‑metals producer with operating assets in Canada (Lamaque Complex, Kisladag), Greece (Olympias, Skouries) and Turkey.
• Flagship development projects:
• Skouries (Greece) – copper‑gold concentrate plant; first concentrate expected Q1 2026, commercial production Q4 2026. Fully funded via a €680 m term facility (drawn).
• McIlvenna Bay (Saskatchewan, Canada) – gold‑copper deposit to be acquired via the Foran Mining arrangement; expected commercial production mid‑2026 post‑close.
• The company also advances Perama Hill (Greece) as a high‑grade gold‑silver project with EIA submitted Dec 2025, targeting construction start ~2027.