Eldorado Gold Announces Update to its Board of Directors and Completion of Redemption of $58.6 million of its Senior Secured...
September 08 2020 - 6:30PM
Eldorado Gold Corporation (“Eldorado” or “the Company”) announces
that Dr. Michael Price will be stepping down from the Company’s
Board effective September 30, 2020. As previously announced
on July 20, 2020, Judith Mosely joined the Board effective
September 1, 2020. This is consistent with Eldorado’s
succession planning at the Board level.
The Company also reports that it has completed
the redemption of $58.6 million of its senior secured notes. The
Company announced that it had issued a redemption notice for these
notes on July 30, 2020.
“On behalf of Eldorado and the Board of
Directors, I would like to thank Mike for his ten years of service
and substantial contributions to the Company. I would also
like to welcome Judith to the Board,” said George Burns, President
and CEO. “We are also pleased to announce the closing of the
redemption of $59 million of our senior secured notes, which
demonstrates our continued commitment to reducing our debt.”
About Eldorado Gold
Eldorado is a gold and base metals producer with
mining, development and exploration operations in Turkey, Canada,
Greece, Romania and Brazil. The Company has a highly skilled and
dedicated workforce, safe and responsible operations, a portfolio
of high-quality assets, and long-term partnerships with local
communities. Eldorado's common shares trade on the Toronto Stock
Exchange (TSX: ELD) and the New York Stock Exchange (NYSE:
EGO).
Contact
Investor Relations
Peter Lekich, Manager Investor
Relations604.687.4018 or 1.888.353.8166
peter.lekich@eldoradogold.com
Media
Louise Burgess, Director Communications &
Government Relations604.601.6679 or 1.888.363.8166
louise.burgess@eldoradogold.com
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