# ego 20221231 d2

Source Brief: https://evesgoldminers.com/research/source-briefs/eldorado-gold-2023-03-30-ego-20221231-d2-eb1f67b8
Original source: https://www.sec.gov/Archives/edgar/data/918608/000091860823000008/ego-20221231_d2.htm
Original published: 2023-03-30
EGM generated: 2026-09-04
Company: Eldorado Gold (EGO)

## Use Note

This is the Eve's Gold Miners normalized Markdown copy of an official or regulatory public source. It is provided for readability, search discovery, and research resilience. The original source remains authoritative for legal, regulatory, and investment decisions.

## Extracted Document Text

# ego 20221231 d2

Source: https://www.sec.gov/Archives/edgar/data/918608/000091860823000008/ego-20221231_d2.htm
Published: 2023-03-30T00:00:00+00:00
Fetched: 2026-05-05T09:28:26.614+00:00
Source artifact: eb1f67b8-deb7-4d34-89ea-2581c32b4544
Normalizer input: text

## Content

# ego 20221231 d2
ego-20221231_d2 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 40-F ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 þ ANNUAL REPORT PURSUANT TO SECTION 13(a) OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2022 Commission file number: 001-31522 ELDORADO GOLD CORPORATION (Exact Name of Registrant as Specified in its Charter) CANADA (Province or other jurisdiction of incorporation or organization) 1040 (Primary Standard Industrial Classification Code Number (if applicable)) N/A (I.R.S. Employer Identification Number (if Applicable)) 1188 – 550 Burrard Street Bentall 5 Vancouver , British Columbia Canada V6C 2B5 604 - 687-4018 (Address and Telephone Number of Registrant’s Principal Executive Offices) CT Corporation System 28 Liberty Street, 42nd Floor New York , New York 10005 ( 212 ) 894-8940 (Name, Address (Including Zip Code) and Telephone Number (Including Area Code) of Agent For Service in the United States) Copies to: James B. Guttman Dorsey & Whitney LLP 161 Bay Street, Suite 4310 Toronto, Ontario M5J 2S1 (416) 367-7376 Securities registered or to be registered pursuant to Section 12(b) of the Act. Title of each class Common Shares, no par value Trading Symbol(s) EGO Name of each exchange on which registered NYSE Securities registered or to be registered pursuant to Section 12(g) of the Act: N/A Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: N/A For annual reports, indicate by check mark the information filed with this form: x Annual Information Form    x Audited Annual Financial Statements Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: As at December 31, 2022, 184,800,571 common shares of the Registrant were issued and outstanding. Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. x Yes      ¨ No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). x Yes      ¨ No Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act. Emerging growth company ¨ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.           ¨ † The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. x If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. 1 ¨ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-(b). 2 ¨ 1 Check boxes are blank, pending adoption of the underlying rules. 2 Check boxes are blank, pending adoption of the underlying rules. EXPLANATORY NOTE Eldorado Gold Corporation (the “Company” or the “Registrant”) is a Canadian issuer eligible to file its annual report pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on Form 40-F pursuant to the multi-jurisdictional disclosure system of the Exchange Act. The Company is a “foreign private issuer” as defined in Rule 3b-4 under the Exchange Act. The equity securities of the Company are accordingly exempt from Sections 14(a), 14(b), 14(c), 14(f) and 16 of the Exchange Act pursuant to Rule 3a12-3 of the Exchange Act. FORWARD-LOOKING STATEMENTS Certain of the statements made and information provided in this annual report on Form 40-F are forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as “believes”, “continue”, “estimates”, “expected”, “expects”, “forecast”, “foresee”, “future”, “goal”, “guidance”, “intends”, “opportunity”, “outlook”, “plans”, “project”, “scheduled”, “strive”, or “target” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “can”, “could”, “may”, “might”, “will” or “would” be taken, occur or be achieved. Forward-looking statements or information contained in this annual report on Form 40-F include, but are not limited to, statements or information with respect to: • the duration, extent and other implications of the coronavirus (“COVID-19”) and any restrictions and suspensions with respect to our operations; • the Company’s capital resources and business objectives; • the Company’s guidance and outlook, including expected production, cost guidance and recoveries of ore, including: • increased heap leach recoveries; • the underground decline at the Triangle mine and the associated benefits; • expansion at Lamaque project (“Lamaque”); • sustaining and growth capital expenditures, including the sources thereof; and • statements regarding the Company restarting construction and development at its Skouries project; • operations at the Kışladağ project (“Kışladağ”), including expected gold production resulting from a ramp-up of the high-pressure grinding roll circuit; • the Company’s strategy and expectations with respect to currency holdings, hedging and inflation; • the Company’s compliance with the Sustainability Integrated Management System; • operations at Lamaque, including the Company’s compliance with ISO 45001 and its certification thereunder and the timing of the site’s verification under Towards Sustainable Mining standards; • the Company’s strategy with respect to Human Rights Impact Assessments at its Greek and Turkish operations, including the timing thereof; • the Company’s intentions with respect to its response to the Carbon Disclosure Project’s Climate Change and Water surveys, including the timing and frequency thereof; • the Company’s strategy with respect to the Voluntary Principles on Security and Human Rights; • favourable economics for the Company’s heap leaching plan and the ability to extend mine life at the Company’s projects; • sales from the Olympias project (“Olympias”), including the imposition of the value-added tax thereon; • modification to the Kassandra Mines Environmental Impact Assessment, including the approval and timing thereof; • the Company’s strategy with respect to the Kassandra Mines, including the anticipated results therefrom; • the potential sale of any of our non-core assets, including the Certej project; • planned capital and exploration expenditures; • conversion of mineral resources to mineral reserves; • the Company’s expectation as to its future financial and operating performance, including expectations around generating free cash flow; • expected metallurgical recoveries and improved concentrate grade and quality; • intentions and expectations regarding non-IFRS financial measures and ratios; • gold price outlook and the global concentrate market; • the Company’s targets, intentions and expectations related to greenhouse gas emissions, including the timing thereof and operations related thereto; • the Company’s strategy, plans and goals, including its proposed exploration, development, construction, permitting and operating plans and priorities and related timelines and schedules; • nomination of the Company’s directors in 2023; and • results of litigation and arbitration proceedings. Forward-looking statements or information is based on a number of assumptions, that management considers reasonable, however, if such assumptions prove to be inaccurate, then actual results, activities, performance or achievements may be materially different from those described in the forward-looking statements or information. These include assumptions concerning: our 2023 outlook, results from drilling at Ormaque; advancement of technical work in respect of Lamaque; advancement of technical work and construction at Skouries; benefits of the improvements at Kışladağ; how the world-wide economic and social impact of COVID-19 is managed and the duration and extent of the COVID-19 pandemic; the associated benefits of the completed underground decline at the Triangle mine; the benefits of using dry stack tailings; timing of advancement and completion of construction, technical work and receipt of approvals, at Skouries and/or other development projects in Greece; the results of our exploration programs; the geopolitical, economic, permitting and legal climate that the Company operates in; the future price of gold and other commodities; the global concentrate market; exchange rates; anticipated values, costs and expenses; production and metallurgical recoveries; mineral reserves and resources; and the impact of acquisitions, dispositions, suspensions or delays on the Company’s business and the Company’s ability to achieve its goals. In addition, except where otherwise stated, the Company has assumed a continuation of existing business operations on substantially the same basis as exists at the time of this annual report on Form 40-F. Forward-looking statements or information is subject to known and unknown risks, uncertainties and other important factors that may cause actual results, activities, performance or achievements to be materially different from those described in

[Excerpt trimmed for readability. Open the original source for the complete filing or document.]