​On November 21, 2016, Eldorado Gold Corporation (Eldorado) completed the sale of its respective interest in the White Mountain and Tanjianshan mines and the Eastern Dragon development project in China to an affiliate of Yintai Resources Co. Ltd. (Yintai) for US$600 million in cash, subject to certain closing and post-closing adjustments, pursuant to a share purchase agreement executed on May 16, 2016. 

Eldorado is a Canada-based, low-cost gold producer with mining, development and exploration operations in Turkey, Greece, Romania and Brazil. Eldorado is listed on the Toronto and New York Stock Exchanges. 

Yintai Resources Co. Ltd. is engaged primarily in non-ferrous metals mining and is publicly listed on the Shenzhen Stock Exchange. 

Borden Ladner Gervais LLP acted as legal counsel to Eldorado’s Special Committee led by Fred Pletcher and Julie Bogle.