Eldorado Gold Corporation (“Eldorado”) is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece, Romania, Serbia, and Brazil.
Fasken acted as Canadian counsel to Eldorado in connection with the filing of its base shelf prospectus dated August 26, 2019 (the “Shelf Prospectus”) with the securities regulatory authorities in all provinces of Canada and the filing of a registration statement on Form F-10 (including a prospectus) (the “Registration Statement”), which will allow Eldorado to offer up to US$750 million of common shares, debt securities, convertible securities, warrants, rights, subscription receipts, units or any combination thereof, from time to time over the 25-month period.
Fasken also advised Eldorado on the establishment of an at-the-market equity program (the “ATM Program”) with BMO Nesbitt Burns Inc., as Canadian agent, and BMO Capital Markets Corp., as US agent. The ATM Program will allow Eldorado to issue up to US$125 million worth of common shares from treasury under the Shelf Prospectus and Registration Statement to the public from time to time at prevailing market prices through the Toronto Stock Exchange and the New York Stock Exchange.
