
DLA Piper Canada has advised BC-based mineral exploration company O Rei Resources Corp. (O Rei) on its US$30 million acquisition of a Romanian gold project and related assets from Eldorado Gold Corporation (Eldorado), a leading Canadian gold producer with mining, development and exploration operations in Türkiye, Canada and Greece.
O Rei and Eldorado had previously entered into a definitive share purchase agreement in which O Rei would acquire the gold project and all related assets on May 14, 2025.
The DLA Piper Canada deal team in this transaction was led by Partner Denis Silva and included Sean Gillis, Brendan Smith, Don Collie, Alan Monk, Matt Prucha and Kevin Fritz.
“We are pleased to have advised O Rei on this important acquisition,” said Denis. “The transaction represents a significant milestone for O Rei and reflects a balanced and forward-looking approach that supports the company’s long-term development objectives and future growth. We congratulate all parties involved on a successful closing.”