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[stock_peeker]

EGO: Stock exchange of new EGO shares for SGS via GFI ... ?

Co announces it has entered into an agreement to acquire 57.9 mln shares of Sino Gold Mining Ltd (ASX: SGX) (representing approx 19.9% of the issued and outstanding shares of Sino Gold) from Gold Fields Ltd (GFI) in a private transaction in exchange for Eldorado shares. The terms of the agreement between Eldorado and Gold Fields are: Eldorado will acquire 57,968,029 Sino Gold shares from Gold Fields. The transaction to be settled through the issuance to Gold Fields of 27,824,654 shares of Eldorado by way of a private placement.