18.

Share capital

Eldorado’s authorized share capital consists of an unlimited number of voting common shares without par value and an unlimited number of non-voting common shares without par value. At December 31, 2017 there were no non-voting common shares outstanding (December 31, 2016 – nil).


Voting common shares	Number of Shares		Total $
At January 1, 2016		716,587,134		5,319,101
Capital Reduction		-		(2,500,000	)
At December 31, 2016		716,587,134		2,819,101
Shares issued upon exercise of share options, for cash		242,648		586
Estimated fair value of share options exercised		-		176
Shares issued for acquisition of Integra		77,180,898		188,061
At December 31, 2017		794,010,680		3,007,924