Eldorado Gold Corporation

Your vote is important. Vote well in advance of the proxy voting deadline on Thursday, April 2^nd, 2026 at 10:00 a.m. (Vancouver time).

Foran Securityholders and Eldorado Shareholders in need of voting assistance are encouraged to contact Laurel Hill Advisory Group by email at assistance@laurelhill.com, or by texting "INFO" to, or calling, 1-877-452-7184 (North American toll-free) or 1-416-304-0211 (outside North America).

VANCOUVER, BC, March 11, 2026 /CNW/ - Foran Mining Corporation (TSX: FOM) (OTCQX: FMCXF) ("Foran" or the "Company") is pleased to announce the mailing of a joint management information circular (the "Circular") for the special meetings of Foran securityholders and shareholders of Eldorado Gold Corporation ("Eldorado") to be held in connection with Foran's previously announced combination with Eldorado (the "Transaction"). In addition to being mailed to Foran securityholders and Eldorado shareholders, the Circular has been posted on the Company's website at www.foranmining.com and filed on SEDAR+ at www.sedarplus.com under the Company's profile.

The Circular provides detailed information regarding the Transaction, including background on the combination, and matters to be voted on by securityholders of Foran and shareholders of Eldorado in connection with the Transaction.

The board of directors of Foran unanimously recommends that Foran securityholders vote in favour of the Arrangement Resolution (as defined in the Circular).

Benefits of the Transaction for Foran Securityholders:

• Peer-leading near-term growth. Following completion of the Transaction, Eldorado is expected to be positioned to deliver a leading growth profile, underpinned by two fully financed development projects, the Skouries Project and the McIlvenna Bay Project, which are advancing towards commercial production expected in Q4 2026 and mid-2026, respectively.
  
  
  
  
• Substantial EBITDA & free cash flow. Following completion of the Transaction, Eldorado is expected to generate approximately $2.1 billion of EBITDA¹ and $1.5 billion in free cash flow² in 2027, the robust long-term cash flow is expected to fund growth initiatives, strengthen the balance sheet of Eldorado and support continued shareholder returns through dividend and share buyback programs, while maintaining financial flexibility through commodity cycles.
  
  
  
  
• Long-life, diversified asset base. Following completion of the Transaction, Eldorado's portfolio is expected to deliver balanced gold-copper exposure (~77% gold, ~4% silver, ~15% copper and ~4% other metals) across attractive mining jurisdictions in Canada, Greece and Türkiye, providing jurisdictional and commodity diversification.
  
  
  
  
• Significant exploration upside. Following completion of the Transaction, Eldorado will continue to accelerate high-value organic growth opportunities, including advancing Foran's high-grade polymetallic Tesla Zone and other drill ready targets as well as maximizing the exploration potential surrounding Foran's McIlvenna Bay Project, and Eldorado's existing operating and development assets.
  
  
  
  
• Compelling re-rate opportunity. As a result of increased scale and trading liquidity, near-term growth and enhanced Canadian exposure, the Transaction is expected to support a positive valuation re-rate opportunity.
  
  
  
  
• Sustainability-focused operation. Eldorado and Foran's strong alignment across sustainability principles, carbon efficient practices and a shared commitment to responsible mining will enable Eldorado, following completion of the Transaction, to focus on transparent sustainability performance and continued advancement in greenhouse gas ("GHG") emission mitigation.

Voting and Assistance

Foran securityholders are encouraged to vote as early as possible.

Foran securityholders who are registered holders may vote by completing and returning the form of proxy in accordance with the instructions provided (including available mail, fax, telephone and internet voting options). Non-registered Foran shareholders should submit voting instructions using the voting instruction form provided by their intermediary.

If you need assistance or have questions about how to vote, please contact Foran's proxy solicitation agent, Laurel Hill Advisory Group:

• Toll-free in North America: +1 877 452 7184
• Collect call outside of North America: +1 416 304 0211
• Email: assistance@laurelhill.com
• Text: "INFO" to +1 877 452 7184 or +1 416 304 0211

About Foran Mining Corporation

Foran Mining is a near-term critical minerals producer committed to supporting a greener future and empowering communities while creating value for our stakeholders. The McIlvenna Bay project is located within the documented traditional territory of the Peter Ballantyne Cree Nation, comprises the infrastructure and works related to development and advanced exploration activities of the Company, and hosts the McIlvenna Bay Deposit and Tesla Zone.

The McIlvenna Bay Deposit is a copper-zinc-gold-silver rich deposit intended to be the centre of a new mining camp in a prolific district that has already been producing for 100 years. The McIlvenna Bay Property sits just 65 km West of Flin Flon, Manitoba, and is part of the world class Flin Flon Greenstone Belt that extends from Snow Lake, Manitoba, through Flin Flon to Foran's ground in eastern Saskatchewan, a distance of over 225 km.

The Company's head office is located at 409 Granville Street, Suite 904, Vancouver, BC, Canada, V6C 1T2. Common Shares of the Company are listed for trading on the TSX under the symbol "FOM" and on the OTCQX under the symbol "FMCXF".

About Eldorado Gold Corporation

Eldorado is a gold and base metals producer with mining, development and exploration operations in Canada, Greece and Türkiye. Eldorado has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).

CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS

This news release contains certain forward-looking information and forward-looking statements, as defined under applicable securities laws (collectively referred to herein as "forward-looking statements"). These statements relate to future events or to the future performance of Foran Mining Corporation and reflect management's expectations and assumptions as of the date hereof or as of the date of such forward looking statement. Such forward-looking statements include, but are not limited, statements regarding Eldorado and Foran's intention to complete the Transaction; approval of the Transaction by Foran securityholders and Eldorado shareholders and the strategic rationale for the Transaction and expected benefits of the Transaction, including that Eldorado will deliver a leading growth profile following completion of the Transaction, that Eldorado will generate approximately $2.1 million of EBITDA, that Eldorado's profile is expected to deliver balanced gold-copper exposure across attractive mining jurisdictions, Eldorado will continue to accelerate high-value organic growth opportunities, the Transaction is expected to support a positive valuation re-rate opportunity and the combined entity will focus on transparent sustainability performance and continued advancement of GHG emission mitigation.  All statements other than statements of historical fact are forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement.

Inherent in forward-looking statements are known and unknown risks, estimates, assumptions, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this news release. These factors include management's belief or expectations relating to the following and, in certain cases, management's response with regard to the following: the risk that the Transaction may be varied, accelerated or terminated in certain circumstances; risks relating to the outcome of the Transaction, including the risks associated with approval at the meeting of Foran Securityholders; the risk that the closing conditions under the Transaction may not be satisfied, or to the extent permitted, waived and the additional risks identified in our filings with Canadian securities regulators on SEDAR+ in Canada (available at www.sedarplus.ca). The forward-looking statements contained in this news release reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include the satisfaction of the closing conditions in respect of the Transaction; the approval of the Transaction by Foran Securityholders and Eldorado Shareholders and completion of the Transaction on anticipated terms and timing, or at all. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended.

Readers are cautioned not to place undue reliance on forward-looking statements and should note that the assumptions and risk factors discussed in this press release are not exhaustive. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward looking statements contained in this press release. All forward-looking statements herein are qualified by this cautionary statement. The Company disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements, unless required by law. Additional information about these assumptions, risks and uncertainties is contained in our filings with securities regulators on SEDAR+ in Canada (available at www.sedarplus.ca).

Non-IFRS Measures

This news release contains certain forward-looking non-IFRS financial measures, including earnings before interest, taxes, depreciation and amortization ("EBITDA") and free cash flow. The historical non‑IFRS financial measures that are equivalent to such forward‑looking non‑IFRS financial measures, and the most directly comparable IFRS financial measures, together with reconciliations between such measures and explanations of their composition, are disclosed in the section entitled "Non‑IFRS and Other Financial Measures and Ratios" in the annual management discussion and analysis of Eldorado for the financial year ended December 31, 2025, which is available under Eldorado's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.

SOURCE Foran Mining Corporation

Issued on behalf of GoldHaven Resources Corp.

USANewsGroup.com News Commentary 

VANCOUVER, BC, Feb. 11, 2026 /CNW/ -- Tungsten prices have tripled since early 2024, with ammonium paratungstate hitting a record $1,125 to $1,150 per metric tonne unit in China and $1,100 in Rotterdam as Beijing's 2026 Catalogue of Dual-Use Items throttled exports to allied nations^[1]. The supply shock has accelerated a broader policy response, with Secretary of State Marco Rubio hosting delegations from over 50 countries at the inaugural Critical Minerals Ministerial at the beginning of the month, where Washington signed eleven new bilateral frameworks and committed more than $30 billion in strategic mineral financing^[2]. Against that backdrop, GoldHaven Resources (CSE: GOH), American Tungsten (CSE: TUNG), NGEx Minerals (TSX: NGEX), Eldorado Gold (NYSE: EGO) and Foran Mining (TSX: FOM) are advancing critical mineral assets across North and South America.

Analysts at J.P. Morgan project a refined copper deficit of roughly 330,000 metric tonnes in 2026 as mine disruptions and constrained project pipelines collide with rising electrification demand^[3]. That structural tightness is reinforcing what a White & Case industry survey found: two-thirds of mining sector respondents expect copper and gold to be the top-performing commodities this year, fueling a policy-driven M&A cycle where majors are racing to lock in development-stage assets^[4].

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) has confirmed anomalous tungsten mineralization at its Magno Property in northwestern British Columbia. The company's 2025 surface exploration program identified a previously undocumented tungsten zone at the Vines Lake showing, where assays returned up to 6,550 parts per million tungsten. These results validate historical tungsten data at the Kuhn and Dead Goat showings while expanding the known footprint across multiple structurally controlled skarn zones spanning approximately 1.3 kilometers of strike length.

"These results represent a meaningful step forward in defining Magno as a large, zoned, intrusion-related mineral system," said Robert Birmingham, President and CEO of GoldHaven. "The confirmation of high-grade silver-lead-zinc mineralization, extensive tungsten, elevated copper within intrusive rocks, and strong bismuth-tellurium pathfinder anomalies reinforces our interpretation of a porphyry-driven system at depth. The emerging geological and metal zonation patterns share important similarities with Coeur Mining's Silvertip district, while Magno's broader critical-metal footprint highlights the potential for a multi-commodity discovery with district-scale upside."

The tungsten discovery comes at a strategically important time for Western economies. China implemented strict export controls on tungsten throughout 2025, and the country controls over 80% of global tungsten supply. The metal possesses the highest melting point of any element, making it essential for cutting tools, defense applications including ammunition and armor, semiconductor manufacturing, and energy infrastructure. These export restrictions have elevated tungsten to critical mineral status across North America and Europe.

The 2025 program at Magno successfully verified historical showings while discovering tungsten at Vines Lake where previous sampling had not documented the metal. Results from 357 samples revealed bonanza silver grades up to 2,370 grams per tonne alongside lead values exceeding 20% and zinc reaching 3.8% at the Magno and D-Zone carbonate replacement occurrences. Forty-five samples returned over 100 grams per tonne silver. The discovery of indium adds another strategic dimension, with values up to 334 parts per million. Indium is used in electronics and renewable energy technologies.

GoldHaven has also completed its inaugural diamond drilling program at the Copeçal Gold Project in Brazil. Nine holes totaling 1,085.7 meters tested priority targets and discovered bornite, which suggests potential for a substantial gold-copper system. The company also confirmed high-grade copper mineralization at its Three Guardsmen Project, with surface sampling returning grades up to 15.85% copper.

GoldHaven now controls 133,186.16 hectares across proven mining jurisdictions with multiple projects advancing simultaneously and assay results pending from Copeçal. All projects are supported by a comprehensive 43-101 Technical Report.

CONTINUED… Read this and more news for GoldHaven Resources at:  

https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-exploration-in-historically-productive-districts/ 

In other industry developments and happenings in the market include:

American Tungsten (CSE: TUNG) (OTCQB: TUNGF) reported significant tungsten-silver results from initial underground drilling at its IMA Mine in Lemhi County, Idaho, with all four holes intersecting meaningful mineralization. Highlights included 31 feet grading 0.48% WO3 and 1.84 oz/t silver in hole AT25-01, 11.1 feet grading 1.08% WO3 and 2.05 oz/t silver in AT25-02, and 16.3 feet grading 0.54% WO3 and 1.79 oz/t silver in AT25-03.

"These results show strong grades over significant widths, underscoring the high-quality nature of the IMA Tungsten asset, which has never been systematically targeted with modern exploration methods," said Ali Haji, CEO of American Tungsten. "They will support the definition of a Mineral Resource--an important step toward bringing the mine online."

Drilling operations continue from the D Level with seven additional holes planned totaling approximately 2,600 feet, while development of the first drill station on the Zero Level is complete with up to 20 holes totaling approximately 10,000 feet planned. American Tungsten holds an exclusive option to acquire full ownership of the historic past-producing IMA Mine situated on 22 patented claims with significant infrastructure already in place.

NGEx Minerals (TSX: NGEX) (OTC: NGXXF) has reported drill results from its Phase 4 program at the Lunahuasi copper-gold-silver project including 1,246.50 metres at 0.86% copper equivalent from hole DPDH049 and 131.00 metres at 5.09% copper equivalent including 5.00 metres at 29.05% copper equivalent from hole DPDH057. The drill campaign with over 17,000 metres completed to date continues to demonstrate both broad stockwork mineralization and high-grade massive sulphide vein systems across the 100%-owned Argentine project.

"These latest results highlight two of the mineralization types occurring at Lunahuasi, a broad zone of stockwork and disseminated mineralization with an intersection over a kilometer in length, and very high-grade massive sulphide vein mineralization," said Wojtek Wodzicki, President and CEO of NGEx Minerals. "Both styles of mineralization are important at Lunahuasi and demonstrate the size, strength, and optionality of the mineralized system."

The company's drilling program remains ahead of schedule with fifteen holes completed and eight underway including larger step-outs and blue-sky exploration targets. NGEx Minerals continues to extend the boundaries of the mineralized envelope while building confidence in its geological model ahead of additional results expected over the coming months.

Eldorado Gold (NYSE: EGO) (TSX: ELD) and Foran Mining (TSX: FOM) (OTCQX: FMCXF) entered a definitive agreement for Eldorado Gold to acquire all outstanding shares of Foran Mining in a transaction valued at approximately C$3.8 billion. The combination brings together two fully financed development assets--Skouries in Greece and McIlvenna Bay in Saskatchewan--both on budget and schedule to achieve commercial production in mid-2026, creating a sector-leading gold-copper producer expected to generate approximately 900,000 gold equivalent ounces in 2027.

"This combination creates a stronger gold and copper growth company, defined by near-term cash flow generation and multiple catalysts," said George Burns, CEO of Eldorado Gold. "With Skouries and McIlvenna Bay scheduled to come online in 2026, the combined business is positioned for a step-change in production, cash flow, and global relevance."

"This transaction gives McIlvenna Bay the scale and financial strength to fully realize its potential, including the ability to accelerate phased expansion opportunities over time," said Dan Myerson, Executive Chair and CEO of Foran Mining. "Having advanced through the risk curve associated with development, the company is fast approaching an inflection point towards enhanced free cash flow and production growth."

Under the arrangement, Foran Mining shareholders will receive 0.1128 Eldorado Gold shares and $0.01 cash per share, with existing shareholders owning approximately 76% and 24% of the combined company respectively. The pro-forma entity is expected to generate approximately $2.1 billion in EBITDA and $1.5 billion in free cash flow in 2027, with the transaction anticipated to close in Q2 2026 following shareholder approvals expected by April 14.

Article Source: https://usanewsgroup.com/goh-profile/ 

CONTACT:

USA NEWS GROUP

info@usanewsgroup.com

(604) 265-2873

DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca Media Corp. ("BAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for GoldHaven Resources Corp. advertising or digital media, but the owner/operators of MIQ also co-owns BAY. There may also be 3rd parties who may have shares of GoldHaven Resources Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by GoldHaven Resources Corp. The scientific and technical information disclosed in this document have been reviewed and approved by two Qualified Persons (QPs). The Copeçal Technical Report identifies Jean-Marc Lopez, B.Sc., FAusIMM, as the Qualified Person responsible for the report. The report "GoldHaven Resources Completes Summer Exploration Programs" states that the technical information has been reviewed and approved by Jonathan Victor Hill, B.Sc. Hons, FAusIMM, an independent Qualified Person and Country Manager of GoldHaven. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

SOURCES:

1. https://www.kitco.com/news/off-the-wire/2026-01-29/tungsten-price-rises-record-highs-export-curbs-turn-supply-heat
2. https://www.state.gov/releases/office-of-the-spokesperson/2026/02/2026-critical-minerals-ministerial
3. https://www.jpmorgan.com/insights/global-research/commodities/copper-outlook
4. https://www.whitecase.com/insight-our-thinking/mining-metals-2026-adapting-policy-driven-business-cycle

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