Eldorado Gold Announces Closing of Share Consolidation
December 27 2018 - 5:45AM
Eldorado Gold Corporation (“Eldorado” or “the Company”) reports
that it has filed its articles of amendment effective December 27,
2018 in respect of the previously announced 5:1 consolidation of
the common shares of the Company. The Company expects that,
effective at the opening of trading on December 31, 2018,
Eldorado’s common shares will commence trading on the Toronto Stock
Exchange and the New York Stock Exchange on a post consolidated
basis. The new CUSIP number for the Company’s common shares is
284902509 and the new ISIN for the Company’s common shares is
CA2849025093. Following the share consolidation, Eldorado has
158,801,722 issued and outstanding shares.
About Eldorado Gold
Eldorado is a gold and base metals producer with
mining, development and exploration operations in Turkey, Canada,
Greece, Romania, Serbia, and Brazil. The Company has a highly
skilled and dedicated workforce, safe and responsible operations, a
portfolio of high-quality assets, and long-term partnerships with
local communities. Eldorado's common shares trade on the
Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange
(NYSE: EGO).
Contact
Investor RelationsPeter Lekich,
Manager Investor Relations604.687.4018 or
1.888.353.8166 peter.lekich@eldoradogold.com
MediaLouise Burgess, Director
Communications and Government Relations604.601.6679 or
1.888.353.8166louiseb@eldoradogold.com
Cautionary Note about Forward-looking Statements and
InformationCertain of the statements made herein may
contain 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, but not
always, forward-looking statements and forward-looking information
can be identified by the use of words such as “plans”, “expects”,
“is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates”, or “believes” or the negatives thereof or
variations of such words and phrases or statements that certain
actions, events or results “may”, “could”, “would”, “might” or
“will” be taken, occur or be achieved. Forward-looking statements
or information herein include, but are not limited, to statements
or information with respect to the Company’s Share
Consolidation.
Forward-looking statements and forward-looking information by
their nature are based on assumptions and involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking
statements or information. We have made certain assumptions about
the forward-looking statements and information, including the
expected number of common shares issued and outstanding following
the Share Consolidation; and the date on which the common shares
are expected to start trading on the NYSE and the TSX on a
consolidated basis.
Although our management believes that the assumptions made and
the expectations represented by such statements or information are
reasonable, there can be no assurance that the forward-looking
statements or information will prove to be accurate. Furthermore,
should one or more of the risks, uncertainties or other factors
materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those described in
forward-looking statements or information. These risks,
uncertainties and other factors include, among others, the
following: the ability to acquire shares through the NCIB; the
impact of the Company’s proposed share consolidation (if
completed); share price volatility; as well as those factors
discussed in the sections entitled “Forward-Looking Statements” and
"Risk Factors" in the Company's Annual Information Form & Form
40-F dated March 29, 2018.
There can be no assurance that forward-looking statements or
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Accordingly, you should not place undue reliance on the
forward-looking statements or information contained herein. Except
as required by law, we do not expect to update forward-looking
statements and information continually as conditions change and you
are referred to the full discussion of the Company's business
contained in the Company's reports filed with the securities
regulatory authorities in Canada and the U.S.
All forward-looking statements and information contained in this
News Release are qualified by this cautionary statement.
PDF
available: http://resource.globenewswire.com/Resource/Download/ddbe8ff1-9a5c-4849-93e4-acd8402d0446
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