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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: diddlysquatz	2/23/2009 6:09:13 PM
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Eldorado Gold plans to raise $275-million 2009-02-23 16:42 ET - News Release Mr. Earl Price reports ELDORADO GOLD ANNOUNCES PUBLIC OFFERING OF COMMON SHARES Eldorado Gold Corp. intends to raise approximately $275-million through a public offering of common shares. In connection with the offering, the company has filed a preliminary short-form prospectus with the securities regulatory authorities in each of the provinces of Canada and a registration statement with the United States Securities and Exchange Commission. The offering will be underwritten by Macquarie Capital Markets Canada Ltd. The number of common shares to be distributed and the price of each common share will be determined in the context of the market with final terms to be determined at the time of pricing. The company will grant the underwriter an overallotment option to purchase additional common shares in an amount up to 15 per cent of the offering, exercisable at any time up to 30 days from (and including) the closing of the offering.

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