Filed By Filing Services Canada Inc. 403-717-3898  

 

FORM 6K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Issuer


Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of December 1, 2003

Commission File Number 001-31522


Eldorado Gold Corporation
(Translation of registrant's name into English)

Suite 920 - 1055 West Hasting Street
Vancouver, British Columbia  V6E 2E9
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F

  Form 20-F          Form 40-F    X   

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):                

  Note:  Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):                

  Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to rule 12g3-2(b) under the Securities Exchange Act of 1934.

  Yes        No    X  

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b) 82 ---          






SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

  ELDORADO GOLD CORPORATION


Date:   December 1, 2003 /s/ Dawn Moss                                                            
Dawn Moss, Corporate Secretary







 

 


NEWS RELEASE       

TSX: ELD  AMEX: EGO

         ELD No. 03-20

  December 3, 2003



ACQUISITION OF SHARES IN FURY EXPLORATIONS LTD.



VANCOUVER, BC – Eldorado Gold Corporation (the “Company” or “Eldorado” or “we”) (TSX: ELD, AMEX:EGO) announced that it has acquired 2,500,000 units (“Units”) of Fury Explorations Ltd. (“Fury”) at $0.62 per Unit from Fury pursuant to a private placement.  Each Unit consists of one Common Share and one common share purchase warrant (“Warrant”) of Fury.  The Warrants are exercisable at a price of $0.80 per Warrant until November 28, 2004.  Prior to the acquisition, Eldorado did not own or control any shares of Fury.  The total number of Common Shares of Fury now owned by Eldorado is 2,500,000, which represents 29.83% of the outstanding Common Shares of Fury (45.96% assuming conversion of the Warrants).


The Common Shares of Fury have been purchased and are presently being held by Eldorado for investment purposes. In the future, Eldorado may acquire additional Common Shares of Fury or dispose of the such Common Shares subject to a number of factors, including general market and economic conditions and other investment and business opportunities available to it.


Eldorado is a gold producing and exploration company with gold assets in Brazil and Turkey; two countries that we believe have substantial geological potential.  With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that Eldorado is well positioned to grow in value as we create and pursue new opportunities.


ON BEHALF OF

ELDORADO GOLD CORPORATION


“Earl W. Price”


Earl W. Price

Chief Financial Officer






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Certain of the statements made herein may contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward looking statements.  Specific reference is made to “Narrative Description of the Business – Risk Factors” in the Company’s Annual Information Form.  Forward-looking statements in this release include statements regarding the expectations and beliefs of management, the assumed long-term price of gold, the estimation of mineral reserves and resources, the realization of mineral reserve estimates, the potential of Eldorado’s properties and expectations of growth. We do not expect to update forward-looking statements continually as conditions change and you are referred to the full discussion of the Company’s business contained in the Company’s reports filed with the securities regulatory authorities.

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Eldorado Gold Corporation’s shares trade on the Toronto Stock Exchange (TSX: ELD) and the American Stock Exchange (AMEX: EGO).  The TSX has neither approved nor disapproved the form or content of this release.


For further information or a copy of the early warning report, please contact:

Nancy E. Woo, Manager Investor Relations

Eldorado Gold Corporation


Phone: 604.601.6650 or 1888.353.8166

             920-1055 W. Hastings St.,

Fax: 604.687.4026

Vancouver, BC V6E 2E9


Email nancyw@eldoradogold.com

Web site: www.eldoradogold.com

Request for information packages: info@eldoradogold.com