Eldorado Gold Corporation (NYSE:EGO,TSX:ELD) and Foran Mining (TSX:FOM,OTCQX:FMCXF) have agreed to combine in a share-based transaction that would create a larger, diversified gold and copper producer with two major development projects set to enter production in 2026Under the deal, Eldorado Gold will acquire Foran Mining through a court-approved plan of arrangement. Following completion, Eldorado shareholders will own roughly 76 percent of the combined company, with Foran shareholders holding the remaining 24 percent.The combination brings together two fully financed development assets...

https://investingnews.com/eldorado-foran-merge-gold-assets/

#goldinvestingnews