Eldorado Gold Corporation (“Eldorado” or “the Company) acquired 15,041,746 common shares (the “Shares”) of Probe Metals Inc. (“Probe”) at a price of $1.575 per share for an aggregate purchase price of $23,690,749.95.
Prior to such acquisition, Eldorado did not own any Shares of Probe and following such acquisition, Eldorado owns 11.5% of the outstanding Shares of Probe. The Shares were acquired pursuant to a private transaction.
Fasken advised Eldorado Gold with a team led by Georald Ingborg, and included Samuel Li (M&A).
Jurisdiction
- British Columbia