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Elcora Advanced Materials Corp. Executes Binding Agreement for Proposed Acquisition of the Eldorado Gold Mine in South Africa’s Barberton Greenstone Belt

Markets GlobeNewswire By GlobeNewswire 28 May 2026 20:51 1 min read
Elcora Advanced Materials Corp. Executes Binding Agreement for Proposed Acquisition of the Eldorado Gold Mine in South Africa’s Barberton Greenstone Belt

HALIFAX, Nova Scotia, May 28, 2026 (GLOBE NEWSWIRE) -- Elcora Advanced Materials Corp. (TSX.V: ERA) (the “Company” or “Elcora”) is pleased to announce that it has executed a binding range of terms dated May 27, 2026 (the “BROT”) with Elmaic Trading CC (Registration No. 2008/001476/23) (the “Vendor”), an arm’s length party, in respect of the proposed acquisition by Elcora of 100% of the Eldorado gold property and associated surface tailings stockpile located on Portion 1 of the Farm Louievill

HALIFAX, Nova Scotia, May 28, 2026 (GLOBE NEWSWIRE) --

Elcora Advanced Materials Corp. (TSX.V: ERA) (the “Company” or “Elcora”) is pleased to announce that it has executed a binding range of terms dated May 27, 2026 (the “BROT”) with Elmaic Trading CC (Registration No. 2008/001476/23) (the “Vendor”), an arm’s length party, in respect of the proposed acquisition by Elcora of 100% of the Eldorado gold property and associated surface tailings stockpile located on Portion 1 of the Farm Louieville 325 JU, Ehlanzeni District, Mpumalanga Province, South Africa (the “Eldorado Property” or the “Project”) (the “Transaction”).

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