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Eldorado Gold Corp. completes acquisition of Integra Gold Corp.

Date closed: 7/10/2017

Value: See below

On July 10, 2017, Eldorado Gold Corp. (TSX: ELD, NYSE:EGO) (Eldorado) completed the plan of arrangement (the Arrangement) involving Integra Gold Corp. (TSXV: ICG) (Integra). Pursuant to the Arrangement, Integra shareholders will collectively receive, for all the issued common shares of Integra that Eldorado did not already own, approximately C$129 million cash and 77 million common shares of Eldorado (representing approximately 10% of the total issued common shares of Eldorado, post-completion of the Arrangement).

Integra will continue as a wholly-owned subsidiary of Eldorado and Integra common shares will be delisted from the TSXV as soon as practicable.

Eldorado, headquartered in Vancouver, British Columbia, is a gold producer with mining, development and exploration operations in Turkey, Greece, Serbia, Romania and Brazil.

Integra, headquartered in Vancouver, British Columbia, is a junior gold exploration company advancing the Lamaque project in Val-d'Or, Québec.

BLG is acting for Raymond James Ltd., as financial advisor to Integra, with a team led by Andrew Powers and including William Jones and Joe DiPonio.