TERMS OF USE

This website, the Content (as defined below), information, software, services and materials provided on or through it (collectively, the "Site") are provided by Eldorado Gold Corporation ("Eldorado") for your use in accordance with these terms of use ("Terms of Use"). These Terms of Use constitute a legal agreement and are entered into between you and Eldorado and govern your access to and use of the Site.

BY USING THIS SITE, YOU ACCEPT AND AGREE TO BE BOUND BY AND COMPLY WITH THE FOLLOWING TERMS OF USE. If you do not agree to abide by these Terms of Use, please refrain from using this Site.

Ownership

You understand and agree that this Site, and any and all content, features, functionality, all information, software, services or materials which are used to provide it, including without limitation, all icons, images, photographs, software, code, data, designs, displays, trademarks, marks, presentation, website layout, selection, and arrangement, text in graphical, video or audio form are the exclusive property of Eldorado (the "Content"), and are protected by Canadian copyright, trademark and other laws as well as by international copyright and trademark laws and treaties. The Content of this Site is owned by Eldorado and the copyright and all other intellectual property rights in and to all Content is held by Eldorado, unless material is provided by another source.  All rights in and to this Site and its Content are reserved to Eldorado. The Eldorado name, trademarks, logos, and all related names, logos, product and service names, designs, images, and slogans are trademarks of Eldorado, its affiliates, or licensors. You must not use such marks without the prior written permission of Eldorado. Other names, logos, product and service names, designs, images, and slogans mentioned, or which appear on the Site are the trademarks of their respective owners. Use of any such property, except as expressly authorized, shall constitute an infringement or violation of the rights of the property owner and may be a violation of federal or other laws and could subject the infringer to legal action.

No Content from the Site may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way except as may otherwise be permitted by law.  No derivatives, translations or competitive use may be made of the Site or Content.   Modification of the Content or use of the Content for any other purpose than personal use is a violation of the copyright and other proprietary rights of Eldorado. Neither the provision of any Content nor these Terms of Use grants, nor is intended to grant, expressly or by implication, any right or license to any intellectual property right or similar proprietary right of any kind that may be possessed by Eldorado.  Reproduction and distribution of Content is at the risk of the user. Eldorado reserves the right to revoke this authorization at any time, and any such use shall be discontinued upon written notice from Eldorado.

All remarks, suggestions, ideas, graphics, or other information communicated through the Site (each a "Submission") will be your exclusive property.  You represent and warrant that all your Submissions comply with all applicable laws and regulations. You hereby grant to Eldorado a non-exclusive license to use, reproduce, modify, perform, display, distribute, and otherwise disclose to third parties your Submissions (or any part thereof) for any purpose and/or incorporate same into any form, medium or technology throughout the world without compensation to you. You further waive any moral rights or other rights of authorship as a condition of making any Submission. Eldorado will not treat any Submission as confidential and will not incur any liability as a result of not treating any Submission as confidential.

Permitted Uses

Your use of this Site does not transfer to you any ownership of the Site or its Content. You may access and browse this Site, and you may print or download pages of the Site for your personal use.  You are only permitted to make lawful use of the Site and Content and in accordance with these Terms of Use.

Prohibited Uses

You may not, nor may you allow others to, directly or indirectly:

  • remove, modify, copy, display, transfer or sell any Content from the Site for non-personal use without the prior written consent of Eldorado;
  • disrupt or interfere in any other person's use or enjoyment of the Site;
  • use the Site in a manner that could damage, disable, impair or interfere with the security of the Site or any services, servers or networks associated with the Site;
  • use or attempt to circumvent any security measure associated with the Site or Contents, or use another's password or other information in connection with the Site without prior written authorization from Eldorado, create or use a false identity on the Site or impersonate any person or entity on the Site;
  • post any communications or any other kind of data to the Site which are unrelated to the Site;
  • use the Site for any other unlawful activity;
  • modify copies of any Content from the Site nor delete or alter any copyright, trademark, or other proprietary rights notices from copies of any Content from the Site;
  • violate the terms of use of any third-party website that is linked to the Site, including but not limited to, any third-party social media website.

At any time, Eldorado may terminate or suspend your access to the Site for any reason, including but not limited to, any of the foregoing above, at Eldorado’s sole discretion.

No Reliance

The Content on our Site is provided for general information purposes only. It is not intended to amount to advice on which you should rely. You must obtain more specific or professional advice before taking, or refraining from, any action or inaction on the basis of the content on our Site. 

Although we make reasonable efforts to update the information on our Site, we make no representations, warranties, or guarantees, whether express or implied, that the Content on our Site is accurate, complete, or up to date. Your use of the Site is at your own risk and Eldorado has no responsibility or liability whatsoever for your use of this Site. 

Changes to the Site and these Terms of Use

The Site and any Content, and the products and services described in it may be modified or updated by Eldorado at any time without prior notice. 

We reserve the right, at our complete discretion, to change these Terms of Use at any time by posting revised Terms on the Site. It is your responsibility to check periodically for any changes we may make to the Terms of Use. Your continued use of the Site following the posting of changes means you accept the changes. 

Website Privacy Notice

Any use of your personal information which Eldorado collects, uses or discloses via this Site is subject to our Website Privacy Notice which is incorporated by reference herein. The Website Privacy Notice can be accessed here.

Links to Other Sites

Our Site may contain links to other third-party sites which are not created, maintained, updated or controlled by Eldorado. If you access these links you will leave the Site. If you visit any linked site, it is at your own risk. These links are provided for reference only and are not intended to be referrals. Links do not imply that Eldorado sponsors, endorses, is affiliated with or associated with any of the linked sites. If you use these sites, you should take all protective measures to guard against viruses or other destructive elements. Eldorado is not responsible or liable to you or any third party for any other site or its content, which does not necessarily reflect the opinion of Eldorado.

Disclaimers

YOU UNDERSTAND AND AGREE THAT, TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, YOUR USE OF THE SITE AND ITS CONTENT IS AT YOUR OWN RISK. THE SITE AND ITS CONTENT ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT ANY WARRANTIES OR CONDITIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

NEITHER ELDORADO NOR ITS AFFILIATES, OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, SERVICE PROVIDERS, CONTRACTORS, LICENSORS, LICENSEES, SUPPLIERS, OR SUCCESSORS MAKE ANY WARRANTY, REPRESENTATION, OR ENDORSEMENT WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, SUITABILITY, ACCURACY, CURRENCY, OR AVAILABILITY OF THE SITE OR ITS CONTENT. WITHOUT LIMITING THE FOREGOING, NEITHER ELDORADO NOR ITS AFFILIATES OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, SERVICE PROVIDERS, CONTRACTORS, LICENSORS, LICENSEES, SUPPLIERS, OR SUCCESSORS REPRESENT OR WARRANT THAT THE SITE OR ITS CONTENT WILL BE ACCURATE, RELIABLE, ERROR-FREE, OR UNINTERRUPTED, OR THAT DEFECTS WILL BE CORRECTED.

WE CANNOT AND DO NOT GUARANTEE OR WARRANT THAT THE SITE OR THE SERVERS THAT MAKE IT AVAILABLE WILL BE FREE OF VIRUSES, HARMFUL COMPONENTS, OR DESTRUCTIVE CODE. YOU ARE SOLELY AND ENTIRELY RESPONSIBLE FOR YOUR USE OF THE SITE AND YOUR COMPUTER, INTERNET, AND DATA SECURITY. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY ANY DENIAL-OF-SERVICE ATTACK, DISTRIBUTED DENIAL-OF-SERVICE ATTACK, OVERLOADING, FLOODING, MAILBOMBING, OR CRASHING, VIRUSES, TROJAN HORSES, WORMS, LOGIC BOMBS, OR OTHER TECHNOLOGICALLY HARMFUL MATERIAL THAT MAY INFECT YOUR COMPUTER EQUIPMENT, COMPUTER PROGRAMS, DATA, OR OTHER PROPRIETARY MATERIAL DUE TO YOUR USE OF THE SITE, YOUR DOWNLOADING OF ANY CONTENT, OR ACCESSING ANY WEBSITE LINKED TO THE SITE.

The Content presented on this Site in no way should be construed or interpreted as, or as a part of, an offering or solicitation of securities. All stock quotes are provided for informational purposes only and are not intended for trading purposes. Eldorado does not make any representation or warranty regarding the accuracy or completeness of any stock price quotes or historical stock price data. Under no circumstances will Eldorado be liable for any error or omission in any such Content, information or data.

Indemnity

To the maximum extent permitted by applicable law, you hereby agree to defend, indemnify and hold harmless each of Eldorado, its affiliates, officers, directors, employees, consultants and other representatives including all third parties mentioned at the Site from and against all claims, actions or demands, including without limitation reasonable legal and accounting fees arising or resulting from your use of the Site and the Content or your breach of the Terms of Use. 

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCE WILL ELDORADO, NOR ITS AFFILIATES, OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, SERVICE PROVIDERS, CONTRACTORS, LICENSORS, LICENSEES, SUPPLIERS, OR SUCCESSORS BE LIABLE FOR NEGLIGENCE, GROSS NEGLIGENCE, NEGLIGENT MISREPRESENTATION, FUNDAMENTAL BREACH, DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING, BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT, BREACH OF CONTRACT, BREACH OF PRIVACY, OR OTHERWISE, EVEN IF ELDORADO WAS ALLEGEDLY ADVISED OR HAD REASON TO KNOW, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, OR RELIANCE ON, THE SITE, THE CONTENT, ANY LINKED WEBSITES OR SUCH OTHER THIRD-PARTY WEBSITES, NOR ANY WEBSITE CONTENT, MATERIALS, POSTING, OR INFORMATION THEREON.

FORWARD LOOKING STATEMENTS

Certain of the statements and information provided on the Site may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of applicable Canadian securities laws. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as “anticipates”, “believes”, “budgeted”, ”committed", “continue”, “estimates”, “expects”, “is expected”, “focus”, “forecasts”, “foresee”, “forward”, “future”, “goal”, “guidance”, “intends”, "opportunity", "outlook", "plans", “potential”, “projected”, “scheduled”, “strategy”, “target”, “underway”, or “working” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “can”, "could", "likely" "may", "might", "will" or "would" be taken, occur or be achieved.

Forward-looking statements or information contained on this Site include, but are not limited to statements or information with respect to Eldorado’s guidance and outlook, including expected production, projected cash costs, planned capital and exploration expenditures, project timelines, life of mine estimates, total cash costs per ounce, all-in sustaining costs per ounce, and other expenses; Eldorado’s expectation as to its future financial and operating performance, including future cash flow, estimated cash costs, expected metallurgical recoveries, gold and other metal price outlook; and generally our strategy, plans and goals, including our proposed exploration, development, construction, permitting, financing and operating potential, plans and priorities and related timelines and schedules.  In addition, there are forward-looking statements and information on this Site regarding the Company’s corporate social responsibility policies or other internal policies; statements regarding the Company's plans in the areas of the environment, sustainability and governance and the estimated timing to achieve certain targets in these areas.

Forward-looking statements and forward-looking information by their nature are based on a number of assumptions, that management considers reasonable. However, such assumptions involve both known and unknown risks, uncertainties, and other factors which, if proven to be inaccurate, may cause the actual results, activities, performance or achievements may be materially different from those described in the forward-looking statements or information.

These include assumptions concerning:, timing, cost and results of our construction and development activities, improvements and exploration; the future price of gold and other commodities; exchange rates; anticipated values, costs, expenses and working capital requirements; production and metallurgical recoveries; mineral reserves and resources; our ability to unlock the potential of our brownfield property portfolio; our ability to address the negative impacts of climate change and adverse weather; consistency of agglomeration and our ability to optimize it in the future; the cost of, and extent to which we use, essential consumables (including fuel, explosives, cement, and cyanide); the impact and effectiveness of productivity initiatives; the time and cost necessary for anticipated overhauls of equipment; expected by-product grades; the use, and impact or effectiveness, of growth capital; the impact of acquisitions, dispositions, suspensions or delays on our business; the sustaining capital required for various projects; and the geopolitical, economic, permitting and legal climate that we operate in (including recent disruptions to shipping operations in the Red Sea and any related shipping delays, shipping price increases, or impacts on the global energy market).

With respect to the Skouries project, we have made additional assumptions about inflation rates; labour productivity, rates and expected hours; the scope and timing related to the awarding of key contract packages and approval thereon; expected scope of project management frameworks; our ability to continue to execute our plans relating to Skouries on the existing project timeline and consistent with the current planned project scope; the timeliness of shipping for important or critical items; our ability to continue to access our project funding and remain in compliance with all covenants and contractual commitments in relation thereto; our ability to obtain and maintain all required approvals and permits, both overall and in a timely manner; no further archaeological investigations being required, the future price of gold, copper and other commodities; and the broader community engagement and social climate in respect of the Skouries project. 

In addition, except where otherwise stated, Eldorado assumed a continuation of existing business operations on substantially the same basis as currently in effect. Even though we believe that the assumptions and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate.  Many assumptions may be difficult to predict and are beyond our control.  Forward-looking statements and forward-looking information are subject to known and unknown risks, uncertainties or other important factors that may cause actual results, activities, performance or achievements to be materially different from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others: risks relating to our operations in foreign jurisdictions (including recent disruptions to shipping operations in the Red Sea and any related shipping delays, shipping price increases, or impacts on the global energy market); development risks at Skouries and other development projects; community relations and social license; liquidity and financing risks; climate change; inflation risk; environmental matters including existing or potential environmental hazards; production and processing, including throughput, recovery and product quality; geometallurgical variability; waste disposal including a spill, failure or material flow from a tailings facility causing damage to the environment or surrounding communities; geotechnical and hydrogeological conditions or failures; the global economic environment; risks relating to any pandemic, epidemic, endemic or similar public health threats; reliance on a limited number of smelters and off-takers; labour (including in relation to employee/union relations, the Greek transformation, employee misconduct, key personnel, skilled workforce, expatriates, and contractors); indebtedness (including current and future operating restrictions, implications of a change of control, ability to meet debt service obligations, the implications of defaulting on obligations and change in credit ratings); government regulation; the Sarbanes-Oxley Act; commodity price risk; mineral tenure; permits; risks relating to environmental sustainability and governance practices and performance; financial reporting (including relating to the carrying value of our assets and changes in reporting standards); non-governmental organizations; corruption, bribery and sanctions; information and operational technology systems; litigation and contracts; estimation of mineral reserves and mineral resources; different standards used to prepare and report mineral reserves and mineral resources; credit risk; price volatility, volume fluctuations and dilution risk in respect of our shares; actions of activist shareholders; reliance on infrastructure, commodities and consumables (including power and water); currency risk; interest rate risk; tax matters; dividends; reclamation and long-term obligations; acquisitions, including integration risks, and dispositions; regulated substances; necessary equipment; co-ownership of our properties; the unavailability of insurance; conflicts of interest; compliance with privacy legislation; reputational issues; competition, and those risk factors discussed in our most recent Annual Information Form & Form 40-F.

The reader is directed to carefully review the detailed risk discussion in our most recent Annual Information Form & Form 40-F filed on SEDAR+ and EDGAR under our Company name, which discussion is incorporated by reference for a fuller understanding of the risks and uncertainties that affect our business and operations. The inclusion of Forward-looking statements and information is designed to help you understand management’s current views of our near- and longer-term prospects, and it may not be appropriate for other purposes.

There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements or information. 

Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change and you are referred to the full discussion of Eldorado's business contained in Eldorado's reports filed with the securities’ regulatory authorities in Canada and the U.S. All forward-looking statements and information contained on the Site are qualified by this cautionary statement.

Mineral Reserve and Mineral Resource Estimates and Related Cautionary Note to U.S. Investors

The Company's mineral reserve and mineral resource estimates for Kisladag, Lamaque, Efemcukuru, Olympias, Perama Hill, Perama South, Skouries, Stratoni, Piavitsa, Sapes, Certej, and Ormaque, are based on the definitions adopted by the Canadian Institute of Mining, Metallurgy and Petroleum, and in compliance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the SEC that are applicable to domestic U.S. companies. The reader may not be able to compare the mineral reserve and mineral resources information in this press release with similar information made public by domestic U.S. companies. The reader should not assume that:

  • the mineral reserves defined in this press release qualify as reserves under SEC standards
  • the measured and indicated mineral resources in this press release will ever be converted to reserves; and
  • the inferred mineral resources in this press release are economically mineable or will ever be upgraded to a higher category.
  • Mineral resources which are not mineral reserves do not have demonstrated economic viability. 
  • The Company most recently completed its Mineral Reserves and Mineral Resources annual review process with an effective date of September 30, 2023, a summary of which was published on December 13, 2023. In addition, the Company filed the following updated Technical Reports on SEDAR+ and EDGAR on March 28, 2024: Technical Report titled "Technical Report, Efemcukuru Gold Mine, Turkiye" with an effective date of December 31, 2023; and Technical Report titled "Technical Report, Olympias Mine, Greece" with an effective date of December 31, 2023. The updated Technical Reports do not contain any material changes to the Mineral Resources and Mineral Reserves previously published on December 13, 2023.

Accordingly, information on the Site containing descriptions of its mineral deposits may not be comparable to similar information made public by US companies subject to the reporting and disclosure requirements under US federal securities laws and the rules and regulations thereunder. 

Governing Law

The Site is governed by and constructed in accordance with the laws of British Columbia and applicable Canadian federal laws, without giving effect to any choice or conflict of law provision, principle, or rule, and notwithstanding your domicile, residence, or physical location. You are responsible for informing yourself of the laws of the jurisdiction and complying with those laws.

Any action or proceeding arising out of our relating to this Site and under these Terms of Use will be instituted in the courts of the province of British Columbia and/or the Federal Court of Canada, and each party irrevocably submits to the exclusive jurisdiction of such courts in any such action or proceeding. You waive any and all objections to the exercise of jurisdiction over you by such courts and to the venue of such courts. 

Waiver

No failure to exercise, or delay in exercising, any right, remedy, power, or privilege arising from these Terms of Use operates, or may be construed, as a waiver thereof; and no single or partial exercise of any right, remedy, power, or privilege hereunder precludes any other or further exercise thereof or the exercise of any other right, remedy, power, or privilege.

Severability

If any term or provision of these Terms of Use is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other term or provision of these Terms of Use or invalidate or render unenforceable such term or provision in any other jurisdiction. 

Entire Agreement

These Terms of Use and our Website Privacy Notice constitute the sole and entire agreement between you and Eldorado regarding the Site and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding such subject matter.

Reporting and Contact

This Site is operated by Eldorado Gold Corporation.

Should you become aware of misuse of the Site including libelous or defamatory conduct, you must report it to Eldorado at [email protected]

All other feedback, comments, requests for technical support, and other communications relating to the Site should be directed to [email protected]

Last Update: September 2024