 VANCOUVER, British Columbia, Jan. 21, 2021 GLOBE NEWSWIRE -- ELDORADO GOLD CORPORATION TSX: ELD; NYSE: EGO Eldorado and QMX GOLD CORPORATION TSX-V: QMX QMX are pleased to announce that they have entered into a definitive arrangement agreement the Agreement pursuant to which Eldorado will acquire all of the outstanding shares of QMX not already owned by Eldorado for total consideration of approximately C132 million on a 100 and fully diluted basis or C0.30 per QMX share the Arrangement. Eldorado currently owns 68,125,000 shares of QMX, or approximately 17 of QMX shares outstanding, which it purchased at C0.06 per share in a private placement on December 30, 2019. 