Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Eldorado -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Lefebvre who wrote (453)	8/11/1999 2:10:00 PM
From: Alex	Read Replies (1) \| Respond to of 527

Hi Dennis. I'm presently showing 200,000 shares bid at .63 cents with gold up $2.80. I've long been convinced that this horse can fly if only it could get a little co-operation from the pog. Lets' hope this mini rally turns into something more substantial for gold. Regards, Alex

To: Dennis Lefebvre who wrote (453)	10/19/1999 11:03:00 AM
From: Scripts	Respond to of 527

Hi. I haven't looked at Eldorado for a few years. Could someone explain what "rolled over" means in the following ?? ...The company now has 510,000 ounces hedged, representing 100 per cent of production for the next three years, at an average price of $297 per ounce. The hedged ounces are all in instruments that enable them to be rolled over, should spot prices exceed the strike price....

To: Dennis Lefebvre who wrote (453)	1/17/2000 2:34:00 PM
From: Alex	Read Replies (1) \| Respond to of 527

Eldorado Announces $8,550,000 Million Financing Business Wire - January 17, 2000 09:43 VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 17, 2000-- (CDNX:ELD.) (TSE:ELD.) Eldorado Gold Corporation ("Eldorado") is pleased to announce that it has entered in to an agreement with National Bank Financial Corp. ("National Bank") pursuant to which National Bank will place up to 9,500,000 special warrants of Eldorado ("Special Warrants") on a best efforts basis at a price of $0.90 per Special Warrant. Each Special Warrant may be exercised without payment of additional consideration for a unit (a "Unit") consisting of one common share of Eldorado and one half of a share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder to acquire an additional common share of Eldorado for a period of two years following the closing of the sale of the Special Warrants (the "Closing Date") at a price of $1.10 per common share until the second anniversary of the Closing Date, after which time the Warrants will expire and may not be exercised. The Closing Date is expected to occur on or about February 1, 2000, and is subject to receipt by Eldorado of all necessary regulatory approvals. Eldorado will file a prospectus in each Canadian province in which Special Warrants are sold to qualify the distribution of the Units upon exercise of the Special Warrants. If final receipts for the prospectus are not obtained within 120 days after the Closing Date from the securities commissions of each such province, each Special Warrant will thereafter be exercisable for 1.1 Units. In consideration for acting as Eldorado's Agent in respect of the sale of the Special Warrants, National Bank will receive a cash commission, and an option to acquire Common Shares in the amount of 5% of the number of Special Warrants issued. Such options will be exercisable up until the second anniversary of the Closing Date at an exercise price of Cdn. $1.10. The distribution of shares upon the exercise of the Agent's Option will also be qualified by the prospectus. The net proceeds received by Eldorado from the sale of the Special Warrants will be used for exploration and development of existing properties, to fund capital expenditures at existing operations, and for general corporate purposes. The Company is extremely pleased to have the financial support of its major shareholder, Gold Fields Limited, in the financing and views this participation as further endorsement of Eldorado's strategy to continue building a company based on low cost, long-lived mining assets with a strong financial base. ON BEHALF OF ELDORADO GOLD CORPORATION "Paul Wright" Paul N. Wright President and Chief Executive Officer This and other news releases complete with graphic attachments are available at the Company's website or may be acquired by fax or mail upon request Eldorado Gold Corporation's shares (Symbol:ELD) trade on the Toronto Stock Exchange ("TSE") and the Canadian Venture Exchange ("CDNX"). Neither the TSE, nor the CDNX have approved or disapproved the form or content of this release. Website Address: www.eldoradogold.com Suite 920 - 1055 West Hastings Street, Vancouver, British Columbia, Canada V6E 2E9 CONTACT: Eldorado Gold Corporation Investor Relations: 604/687-4018 1-888-ELD-8166 Fax: 604/687-4026 E-mail: info@eldoradogold.com eldoradogold.com go2net.newsalert.com