Foran Mining Acquired by Eldorado Gold | Industrials M&A Deal

Eldorado Gold has completed the acquisition of Foran Mining, a manufacturing other business in British Columbia, for $X. Eldorado Gold acquires Foran Mining to add the McIlvenna Bay asset to its portfolio, expanding long-life mining exposure in a premier mining jurisdiction. Foran Mining operations support industrials M&A objectives by increasing copper exposure, a critical mineral, and strengthening exploration potential for future growth. The merger acquisition is a strategic acquisition by a strategic buyer, and Eldorado Gold acquisitions are expected to result in delisting of Foran shares from TSX and OTCQX and termination of Foran’s public reporting obligations.