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Eldorado Gold acquires Foran Mining Corporation

PUBLIC · EGOAug 12, 2026about 3 hours ago

Acquiring Company

Eldorado Gold

Acquired Company

Foran Mining Corporation

VancouverVancouverMiningPrecious MetalsMineralEnergyOil And GasFinancial ServicesReal EstateEventsHealth CareMedicalMiningMineral

Description

Eldorado Gold completed the acquisition of Foran Mining Corporation on April 14, 2026, through a court-approved plan. Shareholders received Eldorado shares and cash in exchange for their Foran securities. Following the acquisition, Foran's shares were delisted from the Toronto Stock Exchange. The integration of Foran's leadership into Eldorado's governance was signaled by the appointment of former Foran CEO Dan Myerson to Eldorado's board.

Company Information

Company

Eldorado Gold

Location

Vancouver, Washington, United States

About

Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkiye, Canada and Greece. 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).

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Foran Mining Corporation?

Foran Mining Corporation was acquired by Eldorado Gold, based in Vancouver. The deal was reported on August 12, 2026. Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkiye, Canada and Greece. Eldorado Gold is publicly traded (EGO) and operates in Mining.

When did Eldorado Gold acquire Foran Mining Corporation?

Eldorado Gold's acquisition of Foran Mining Corporation was reported on August 12, 2026. Eldorado Gold completed the acquisition of Foran Mining Corporation on April 14, 2026, through a court-approved plan. Shareholders received Eldorado shares and cash in exchange for their Foran securities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Foran Mining Corporation do?

It is privately held, operating in Energy, and is based in Vancouver.

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