Eldorado Gold elects directors, approves auditor appointment at 2026 meeting

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Reviewed by
Jubin VScanX News Team
Key Highlights

Eldorado Gold Corporation elected all nine director nominees at its Annual Meeting of Shareholders on June 23, 2026. Patrick Godin joined the Board, replacing outgoing directors Stephen Walker and Hussein Barma. Shareholders also approved the appointment of independent auditors, the authorization of auditor pay, and an advisory resolution on executive compensation.

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Eldorado Gold Corporation elected all director nominees at its Annual Meeting of Shareholders held on June 23, 2026, strengthening its governance structure as it advances key growth projects. The election included the appointment of Patrick Godin, who brings over 40 years of mining industry experience to the Board. Shareholders also approved the appointment of independent auditors, authorized the Board to set the auditor’s remuneration, and passed an advisory resolution on executive compensation.

Steven Reid, Chair of the Board, highlighted the company's progress, noting that Skouries is approaching first concentrate production and the Olympias expansion is advancing. He also pointed to the recent acquisition of Foran Mining, which added McIlvenna Bay to the portfolio, enhancing both near-term growth and long-term development pipelines. These milestones are expected to drive growth in production and free cash flow.

The Board expressed gratitude to Stephen Walker and Hussein Barma for their contributions. Patrick Godin was welcomed as a new director, bringing deep operational and leadership expertise, including executive roles in mine construction, operations, safety, and corporate growth.

Election of Directors

All nominees listed in the Management Proxy Circular dated May 7, 2026, were elected. The voting results for the directors are detailed below:

Directors Votes For Votes Against Outcome
Carissa Browning 143,691,267 Shares
80.46%
34,892,763 Shares
19.54%
Elected
George Burns 167,431,769 Shares
93.76%
11,152,262 Shares
6.24%
Elected
Teresa Conway 167,703,813 Shares
93.91%
10,880,217 Shares
6.09%
Elected
Samantha Espley 162,636,991 Shares
91.07%
15,947,040 Shares
8.93%
Elected
Sally Eyre 167,233,642 Shares
93.64%
11,350,390 Shares
6.36%
Elected
Patrick Godin 178,374,984 Shares
99.88%
209,046 Shares
0.12%
Elected
Judith Mosely 170,379,555 Shares
95.41%
8,204,477 Shares
4.59%
Elected
Daniel Myerson 178,333,374 Shares
99.86%
250,658 Shares
0.14%
Elected
Steven Reid 151,171,423 Shares
84.65%
27,412,608 Shares
15.35%
Elected

Additional Approvals

Beyond the director elections, shareholders ratified three key resolutions. The appointment of independent auditors was approved, along with the authorization for the Board of Directors to determine the auditor’s compensation. Additionally, the advisory resolution regarding executive compensation received shareholder approval. Detailed voting results for these resolutions are available in the company’s final Report on Voting Results filed on SEDAR+.

What is the anticipated timeline for Skouries to achieve first concentrate production and reach commercial capacity?

How will the capital allocation strategy shift following the Foran Mining acquisition to balance Olympias expansion with McIlvenna Bay development?

What specific free cash flow generation targets has management set for the next 12 to 24 months as these projects come online?

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Eldorado Gold named to Best 50 Corporate Citizens in Canada

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Reviewed by
Anirudha BScanX News Team
Key Highlights

Eldorado Gold Corporation has been named to Corporate Knights’ Best 50 Corporate Citizens in Canada for 2026. The ranking evaluates companies on ESG criteria, including sustainability and resource management. CEO George Burns highlighted the company's focus on responsible operations and long-term value creation.

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Eldorado Gold Corporation has been named to Corporate Knights’ Best 50 Corporate Citizens in Canada for 2026. The annual ranking evaluates leading Canadian companies on a broad range of environmental, social, and governance (ESG) criteria, recognizing organizations that demonstrate strong performance across sustainability, resource management, corporate governance, and social impact.

The Best 50 Corporate Citizens in Canada are evaluated on up to 25 ESG indicators, including board diversity, resource efficiency, financial management, sustainable revenue, and sustainable investment. The inclusion in the list underscores Eldorado Gold's commitment to integrating responsible practices into its strategy as it advances a pipeline of long-life assets and delivers disciplined, sustainable growth.

George Burns, Chief Executive Officer of Eldorado Gold, stated that the recognition reflects the consistent efforts of the company's workforce across its global operations. He emphasized that sustainability is embedded across the business, from exploration through development and operations, guided by a focus on safe, inclusive workplaces, responsible production, environmental stewardship, and meaningful engagement with host communities.

Eldorado Gold is a gold and base metals producer with mining, development, and exploration operations in Canada, Greece, and Türkiye. The company's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).

Key Details
Company Name
Recognition
Evaluator
Key Criteria
Operations

How will this ESG recognition influence Eldorado Gold's ability to attract institutional investors focused on sustainability?

What specific new sustainability targets does Eldorado Gold plan to implement to maintain its ranking in 2027?

Could this recognition lead to partnerships with governments or communities in Greece and Türkiye for future projects?

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