Elcora Advanced Materials Corp. Executes Binding Agreement for Proposed Acquisition of the Eldorado Gold Mine in South Africa’s Barberton Greenstone Belt
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Article Excerpt
This section is Partnership Content supplied by GlobeNewswire Article content HALIFAX, Nova Scotia, May 28, 2026 (GLOBE NEWSWIRE) — Article content TRANSACTION HIGHLIGHTS Article content Article content Elcora has signed a binding range of terms (BROT) with Elmaic Trading CC to acquire 100% of the Eldorado Gold Mine and associated tailings operations on Portion 1 of the Farm Louieville 325 JU, Ehlanzeni District, Mpumalanga, South Africa The aggregate consideration is US$2,000,000 in cash and 20,000,000 common shares of Elcora, structured across milestone-based tranches linked to permitting, p…
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May 29, 2026