The Toronto Stock Exchange reports that Foran Mining Corp. will be delisted at the close on April 15, 2026. According to the TSX, Eldorado Gold Corp. has acquired all of the issued and outstanding Foran Mining shares that it did not already own pursuant to a plan of arrangement.
The TSX reports that holders of Foran Mining shares will receive 0.1128 of an Eldorado Gold share and one cent in cash per Foran Mining share held. No fractional Eldorado Gold shares will be issued to Foran
shareholders. The number of Eldorado Gold shares to be issued to
Foran shareholders will be rounded down to the nearest whole
number of Eldorado Gold shares and no person will be entitled to
any compensation in respect of a fractional Eldorado Gold share.
To receive the consideratoin, Foran Mining shareholders must return the letter of transmittal together with share certificates or DRS statements to Computershare Investor Services Inc. at its principal offices in Toronto.
For more information, see the joint management information circular of Eldorado Gold and Foran Mining, dated March 6, 2026, available on SEDAR+.
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