LONDON, UK / ACCESSWIRE / July 12, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Eldorado Gold Corp. (NYSE: EGO) ("Eldorado"), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/?symbol=EGO. The Company announced on July 10, 2017, that it has completed the acquisition of Integra Gold Corp.("Integra"), a Canada-based junior exploration company, by the way of a plan of arrangement, which was originally announced on May 15, 2017. Integra will continue to operate as a wholly-owned subsidiary of Eldorado. For immediate access to our complimentary reports, including today's coverage, register for free now at:

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George Burns, President and Chief Executive Officer of Eldorado, stated:

"This is a very important transaction for Eldorado and we are pleased with the votes of support from Integra's shareholders. Eldorado is looking forward to expanding our growing business to Canada. Our experience in building and operating mines, combined with the experience from our new team in Quebec, will enhance our long-term growth profile and value proposition for all stakeholders."

Terms of the Arrangement

Following the completion of the Arrangement, Integra's shareholders will collectively receive around CAD$129 million cash and 77 million common shares of Eldorado, that represents approximately 10% of the total issued common shares of Eldorado, for all the issued common shares of Integra that Eldorado did not already own.

Approval by Shareholders

The shareholders of Integra unanimously approved the arrangement on July 04, 2017, and received around 85.92% votes in favor of the arrangement. The proposed plan received the consent from the Supreme Court of British Columbia on July 07, 2017.

Eldorado offered the shareholders of Integra the flexibility to receive the consideration either in cash or in shares, or a combination of both.

Firms' Support to the Agreement

Glass, Lewis & Co., LLC, an independent proxy advisory firm, had suggestedIntegra to vote in favor of the proposed plan of arrangement. Another leading independent proxy advisory firm, Institutional Shareholder Services Inc. ("ISS"), also gave positive recommendations, as the arrangement will grant financial and strategic benefits to the shareholders of Integra. Also, the Board of Directors of Integra provided the same recommendations.

About Eldorado Gold Corporation

Headquartered in Vancouver, Canada, Eldorado is a leading gold exploration, development, and mining company. The Company has operations and ongoing exploration and development projects in Turkey, Greece, Romania, Brazil, and Serbia. Eldorado has more than 20 years of experience of building and operating gold mines in Europe, Asia, and South America.

About Integra Gold Corp.

Integra (formerly known as Kalahari Resources Inc.) is a junior exploration company engaged in the acquisition and exploration of mineral properties in Canada. The Company's main focus is exploring and advancing Lamaque South Project. Integra acquired the Sigma Mill and Sigma and Lamaque Mines, a property that complemented Integra's high-grade, low-cost project across the Lamaque South Project, in 2014. Integra is headquartered in Vancouver, Canada.

Last Close Stock Review

On Tuesday, July 11, 2017, Eldorado Gold's stock closed the trading session flat at $2.43. A total volume of 6.38 million shares was exchanged during the session. Shares of the Company have a PE ratio of 173.57 and have a dividend yield of 1.23%. The stock currently has a market cap of $1.76 billion.

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