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Eldorado Gold Corporation and Afcan Mining Corporation Complete Compromise.

Publication: Business Wire
Publication Date: 13-SEP-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
VANCOUVER, British Columbia -- Eldorado Gold Corporation ("Eldorado") (TSX:ELD)(AMEX:EGO) and Afcan Mining Corporation ("Afcan") (TSX:AFK) are pleased to announce that they have completed today their court approved compromise plan (the "Compromise"), which was approved by shareholders of Afcan on September 8, 2005.

The transaction combines Eldorado's strength and experience in successful gold production with Afcan's promising Tanjianshan gold development project in China. Under the terms of the Compromise, Eldorado has acquired all of the issued and outstanding shares and warrants of Afcan. Every six and one half (6.5) shares of Afcan have been exchanged for one Eldorado common share, resulting in the issuance of a total of 23,045,151 Eldorado common...

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