Eldorado invests in Probe Metals

22nd July 2021 By: Mariaan Webb - Creamer Media Senior Deputy Editor Online

Midtier gold and base metals miner Eldorado Gold has acquired an 11.5% shareholding in Probe Metals, an explorer with projects in Quebec.

Eldorado bought 15.04-million common shares of Probe at C$1.575 each.

The securities have been acquired for investments purposes, Eldorado said.

Gold major Newmont also owns 11% in Probe.