Eldorado intends to pay a semi-annual dividend in Quarter 1 and Quarter 3. Payment of a dividend is subject to the approval of the Board of Directors in its sole discretion. The dividend is based on the average realized gold price and the number of ounces of gold sold by Eldorado in the preceding two quarters. It's a tiered approach such that as the average realized gold price increases, the fixed dollar dividend amount also increases. The method is set out below and in our News Release of October 17, 2011.
Gold Price (per oz, in US $)
Dividend Amount (per oz, in CDN $)
Less than $1,549
$100
$1,550 - $1,649
$125
$1,650 - $1,749
$150
$1,750 - $1,849
$175
$1,850 - $1,999
$225
The dividend fund is calculated using the fixed dollar dividend amount multiplied by the number of ounces of gold sold in the preceding two quarters. The dividend per share is derived from the dividend fund divided by all the issued common shares.
Payment of a dividend is dependent upon, among other things, the financial condition of and outlook for the Company, general business conditions, legal restrictions and the Company's cash flow and financing needs.
Eldorado paid its first dividend of Cdn$0.05 per share on June 4, 2010.
What was the last dividend?
Eldorado announced a dividend of CDN $0.07 per share on January 9, 2013.
When is the payment date for the next dividend?
Shareholders on record at close of business on January 31, 2013 are eligible to receive the dividend of CDN $0.07 per share announced on January 9, 2013. Dividends will be paid on February 14, 2013 to common shareholders.
Does Eldorado have a dividend re-investment program (DRIP)?
No, Eldorado does not have a dividend re-investment program.
Does Eldorado pay its dividend net or gross of tax?
Dividend amounts are announced gross of tax. If you are a Canadian resident, you will be paid the full amount announced per share. If you are a non-resident, you will be subject to a 15% withholding tax as legislated by Revenue Canada. For advice on recouping this tax, please contact your tax advisor.
EUROPEAN GOLDFIELDS ACQUISTION
When did Eldorado acquire European Goldfields?
Eldorado acquired 100% of the issued shares of European Goldfields (EGU) on February 24, 2012. 157,959,316 Eldorado common shares were issued to shareholders of EGU for a total purchase price of approximately $2.4 billion based on the closing market price of Eldorado's shares trading on the Toronto Stock Exchange on February 24, 2012, of Cdn$15.05 per common share. Please see our News Release of February 24, 2012 for more details.
How many Eldorado shares did European Goldfields shareholders receive?
Under the terms of the Plan of Arrangement (the "Arrangement", former European Goldfields shareholders received 0.85 of an Eldorado common share and Cdn$0.0001 in cash for each European Goldfields share. (#EGU shares x 0.85 = #ELD shares).
When will shareholders receive their share certificate?
Shareholders should have received their ELD shares by now. We suggest contacting your broker for further details.
OTHER ACQUISTIONS
I was a shareholder of Brazauro Resources, Sino Gold, Frontier Pacific Mining, Afcan Mining. How can I exchange my old certificate for shares in Eldorado?
Please contact your broker and Valiant Trust, Eldorado's transfer agent, to assist you with this process:
EXCHANGE / INDEX LISTINGS
When was Eldorado incorporated? When did Eldorado go public (i.e. list on a stock exchange)?
Eldorado Corporation Ltd was incorporated in April 1992 and was listed on the Vancouver Stock Exchange in December 1992. In April 1996, Eldorado Corporation Ltd changed its name to Eldorado Gold Corporation.
Eldorado transferred its listing to the Toronto Stock Exchange (TSX) in 1996 and listed on the American Stock Exchange in January 2003. In October 2009, Eldorado transferred its listing to the New York Stock Exchange (NYSE) Eldorado's Chess Depository Interests (CDIs) began trading on the Australian Securities Exchange (ASX) in December 2009. On August 31, 2012, Eldorado delisted from the ASX.
On what stock exchanges is Eldorado listed? What are its ticker symbols?
Eldorado is listed on the following exchanges:
Toronto Stock Exchange (TSX) : ELD
New York Stock Exchange (NYSE): EGO
Is Eldorado part of any indexes?
Yes, Eldorado is part of the following indexes:
Eldorado (ELD) is part of the:
S&P/TSX Global Gold Index
S&P/TSX Global Mining Index
S&P/TSX Composite Index
S&P/TSX 60 Index
AMEX Gold BUGS (Basket of Unhedged Gold Stocks) Index
Eldorado (EGO) is part of the:
NYSE Composite Index
NYSE Arca Gold BUGS Index
NYSE Arca Gold Miners Index
PHLX Gold/Silver Sector
PHLX Gold/Silver Sector Total
SHARE RELATED
Can I purchase shares directly from Eldorado?
No, Eldorado's shares are traded through the services of a broker on the TSX and NYSE.
Does Eldorado offer direct registration? That is, can I have my shares that are held electronically via my broker registered on the books and records of the transfer agent in my name (book-entry form)?
Eldorado is eligible for the Direct Registration System (DRS), but is not currently participating.
How can I tell whether I hold shares in Eldorado or in a company with a similar name?
To confirm that you hold shares in Eldorado, check the CUSIP number on the top right of your share certificate. Our CUSIP number is: 284902103. Our ISIN number is: CA2849021035.
Does Eldorado have any warrants?
No, Eldorado does not have any outstanding warrants.
I am currently a registered holder (i.e. I hold Eldorado shares in certificate format in my own name) but would like to become a beneficial holder (i.e. hold Eldorado shares in electronic format via a broker). How do I do this?
This process is completed by your broker. Please contact him or her for further information.
I am currently a beneficial holder (i.e. I hold Eldorado shares in electronic format via a broker) but would like to become a registered holder (i.e. hold Eldorado shares in certificate format in my own name). How do I do this?
This process is completed by your broker. Please contact him or her for further information.
I bought shares recently through a broker but have never received a share certificate or confirmation of share ownership. Can you help?
We suggest contacting your broker. Electronic trades are typically completed within three days of the trade taking place.
We recommend working with established, registered brokers. Most market regulation services offer lists of accredited brokers.
How do I change my mailing address or register for my shareholder information to be sent electronically?
For registered shareholders (i.e. your shares are held in certificate format) - please contact Valiant Trust
For beneficial shareholders (i.e. your shares are held electronically in an account with a broker) - please contact your broker directly
Valiant Trust is also able to help registered shareholders with enquiries concerning:
Reporting lost certificates
Requesting replacement certificates
Dividend payments
Estates
Valiant Trust
1 866 313 1872 (toll free within North America)
I am the executor for an estate and the deceased held shares in Eldorado. How do I transfer/sell these shares?
Please contact Valiant Trust, Eldorado's transfer agent, to guide you through the process and required paperwork.
Valiant Trust
1 866 313 1872 (toll free within North America)
GOLD RELATED
Can I purchase gold directly from Eldorado?
No, Eldorado sells its gold dore; to refineries who sell the gold produced from the dore; on gold exchanges.
What does Eldorado do with the gold it produces?
Eldorado sells its gold doré to refineries who sell the gold produced from the dore; on gold exchanges. Gold prices are fixed using the London Spot price every morning.
DEBT RELATED
Has Eldorado issued any debt?
Yes, Eldorado recently completed a US$600 million senior unsecured note offering at 6.125% due 2020. Please refer to our December 10, 2012 news release for more information.
Does Eldorado have a credit facility?
Yes, Eldorado has credit facilities. Please refer to our most recent financial statements for more information.
CHARITABLE DONATIONS/SPONSORSHIP REQUESTS
Does Eldorado accept requests for charitable donations and/or sponsorship?
Eldorado works closely with the local communities where it has mines and projects to create employment opportunities, improve access to education and healthcare, protect the environment and develop infrastructure. We focus on supporting initiatives that benefit those locally in the regions in which we operate and help to develop of strong, vibrant communities.
