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Eldorado Gold acquires shares of Probe Metals Inc.

Fasken
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Overview

Client

Eldorado Gold Corporation

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

Team

  • Georald Ingborg, Partner, Vancouver, BC, +1 604 631 3225, gingborg@fasken.com
  • Samuel Li, Partner, Vancouver, BC, +1 604 631 4890, sli@fasken.com