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VANCOUVER, British Columbia, July 21, 2021 (GLOBE NEWSWIRE)
Eldorado Gold Corporation ( Eldorado or the Company) announces that today it 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.
Eldorado advises that the securities have been acquired for investments purposes. Eldorado may, depending on the market and other conditions, increase or decrease its beneficial ownership of Probe s securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.
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Cautionary Note about Forward-looking Statements and Information
Certain of the statements made and information provided in this press release are forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as plans , expects , is expected , budget , continue , projected , scheduled , estimates , forecasts , intends , anticipates , or believes or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results may , could , would , might or will be taken, occur or be achieved.
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