EX-99.1 2 ego_ex991.htm PRESS RELEASE ego_ex991.htm

 

                                                                                                                      

EXHIBIT 99.1

 

NEWS RELEASE                                                                                                                                

TSX: ELD  NYSE: EGO 

June 10, 2022

 

Eldorado Gold Announces Election of Directors and Voting Results from Annual Meeting of Shareholders

 

VANCOUVER, BC – Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to announce that all director nominees, as listed in the Management Proxy Circular dated April 25, 2022, were elected as directors of Eldorado at the Company’s Annual Meeting of Shareholders (the “Meeting”) held on June 9, 2022.

 

“On behalf of the Board, we would like to thank our shareholders for their ongoing feedback and support for the governance efforts and the strategic direction we have undertaken,” said Steven Reid, Chair of Eldorado Gold’s Board of Directors.

 

“Further, we would like to thank George Albino, who did not stand for re-election this year, for his sound counsel and guidance during his tenure,” continued Mr. Reid. “During his five-and-a-half-years of service, George served on numerous key Board committees and was Chair during three transformative years at Eldorado, from 2018 to 2021. His guidance during this time was invaluable to the Board and Eldorado’s leadership team, and he will be greatly missed.”

 

“In addition, we are pleased to welcome Stephen Walker. Mr. Walker has over 35 years of experience in capital markets, focused on the mineral resource industry. Prior to his retirement from his 20-year tenure at the Royal Bank, he held varying roles, including Managing Director and Head of Global Mining Research from 2007 to 2020. Please join me in welcoming Stephen to the Board,” said Steve Reid.

 

Election of Directors

 

Directors

Votes For

Votes Withheld

Outcome

George Burns

103,419,297 Shares

98.74%

1,324,684 Shares

1.26%

Elected

Carissa Browning

103,522,457 Shares

98.83%

1,221,524 Shares

1.17%

Elected

Teresa Conway

103,528,735 Shares

98.84%

1,215,246 Shares

1.16%

Elected

Catherine Farrow

102,452,323 Shares

97.81%

2,291,658 Shares

2.19%

Elected

Pamela Gibson

103,250,114 Shares

98.57%

1,493,867 Shares

1.43%

Elected

Judith Mosely

103,525,326 Shares

98.84%

1,218,655 Shares

1.16%

Elected

Steven Reid

103,559,500 Shares

98.87%

1,184,481 Shares

1.13%

Elected

Stephen Walker

103,566,654 Shares

98.88%

1,177,327 Shares

1.12%

Elected

John Webster

103,262,945 Shares

98.59%

1,418,036 Shares

1.41%

Elected

 

 
1

 

 

At the Meeting, shareholders of the Company also approved:

 

 

·

The appointment of auditors;

 

 

 

 

·

Setting the auditor’s pay; and

 

 

 

 

·

The advisory resolution on executive compensation.

 

Voting results on each resolution are detailed below and can also be found in the Company’s final Report on Voting Results as filed on SEDAR (www.sedar.com). All resolutions were conducted by ballot.

 

Appointment of Auditors

 

Votes For

Votes Withheld

Outcome

117,619,963 Shares

98.78%

1,457,343 Shares

1.22%

Carried

 

Setting the Auditor’s Pay

 

Votes For

Votes Against

Outcome

104,009,754 Shares

99.30%

734,226 Shares

0.70%

Carried

 

Non-Binding Advisory Vote of Executive Compensation

 

Votes For

Votes Against

Outcome

99,387,717 Shares

94.89%

5,356,262 Shares

5.11%

Carried

 

About Eldorado Gold

 

Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. The Company 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).

 

Contact

 

Investor Relations

 

Lisa Wilkinson, VP, Investor Relations

604.757 2237 or 1.888.353.8166  

lisa.wilkinson@eldoradogold.com

 

Media

 

Louise McMahon, Director Communications & Public Affairs

604.757 5573 or 1.888.353.8166  

louise.mcmahon@eldoradogold.com

 

 
2