Eldorado Gold Announces C$81.5 Million Strategic Investment By The European Bank For Reconstruction And Development (Ebrd) And Concurrent C$135 Million Bought Deal Financing
Amount Raised
C$81.5 Million
Round Type
Corporate Round
Description
Eldorado Gold Corporation (“Eldorado” or the “Company”) is pleased to announce it has entered into agreements with respect to a C$81.5 million strategic investment in Eldorado by the European Bank for Reconstruction and Development (the "EBRD"). The investment is to be effected by way of a private placement whereby the EBRD will subscribe for 6,269,231 shares at a price of C$13.00 per share. (the “Private Placement”). The proceeds of the Private Placement will be invested in the Skouries project in Northern Greece, and will be credited against the Company’s 20% equity funding commitment per the terms of the project financing facility that closed on April 5, 2023.
Quick answer
Eldorado Gold raised C$81.5 Million in a Corporate Round round, dated May 30, 2023.
- How much did Eldorado Gold raise?
- Eldorado Gold raised C$81.5 Million in a Corporate Round round on May 30, 2023.
- What does Eldorado Gold do?
- About Eldorado Gold Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkiye, Canada and Greece.
- Where is Eldorado Gold based and how big is it?
- Fundz records about 5,000 employees.
- Who are the decision-makers at Eldorado Gold?
- Fundz holds 2 contacts at Eldorado Gold, including the Executive Vice President. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Precious Metals around the same time
Companies in the same sectors as Eldorado Gold that raised within 45 days of this round, from Fundz verified event records.
- Marimaca Copper raised $16M (Corporate Round) on July 12, 2023.
- Stillwater Critical Minerals Corp. raised an undisclosed amount on June 30, 2023.
- Luca Mining raised $808K (Seed) on June 27, 2023.
- Granite Creek Copper Ltd raised $1.4M (Seed) on June 5, 2023.
- Luca Mining raised $78K (Seed) on June 2, 2023.
- STLLR Gold raised $1.9M (Seed) on May 17, 2023.
Who to call at Eldorado Gold, and when
A new round usually means Eldorado Gold is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Eldorado Gold raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Eldorado Gold, from your own LinkedIn network
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Related People
Eldorado Gold raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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