Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
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.
Exhibit 99.1

| NEWS RELEASE | |
| TSX: ELD NYSE: EGO | June 23, 2026 |
Eldorado Gold Named to Corporate Knights
2026 Best 50 Corporate Citizens in Canada
Underscores Commitment to Sustainability,
Governance and Long-Term Value Creation
VANCOUVER, BC – Eldorado Gold Corporation
(TSX: ELD, NYSE: EGO) (“Eldorado” or the “Company”) is pleased to announce that it has been named to Corporate
Knights’ Best 50 Corporate Citizens in Canada.
The annual ranking by Corporate Knights evaluates
leading Canadian companies on a broad range of environmental, social and governance (“ESG”) criteria, recognizing organizations
that demonstrate strong performance across sustainability, resource management, corporate governance and social impact.
“We are honored to be recognized as one
of Canada’s Best 50 Corporate Citizens,” said George Burns, Chief Executive Officer. “This recognition reflects the
consistent efforts of our people across our global operations to operate responsibly, prioritize safety, and deliver long-term value
for our stakeholders. At Eldorado, sustainability is embedded across the business from exploration through development and operations
guided by a focus on safe, inclusive workplaces, responsible production, environmental stewardship and meaningful engagement with host
communities. It underscores our continued commitment to integrating responsible practices into our strategy as we advance a pipeline
of long-life assets and deliver disciplined, sustainable growth.”
The Best 50 Corporate Citizens in Canada are
each evaluated on a set of up to 25 environmental, social and governance indicators including board diversity, resource efficiency, financial
management, sustainable revenue and sustainable investment. For more information about the Best 50 Corporate Citizens in Canada and the
full rankings, visit https://corporateknights.com/rankings/best-50-rankings/.
About Eldorado Gold
Eldorado is a gold and base metals producer with
mining, development and exploration operations in Canada, Greece and Türkiye. The Company has a highly skilled and dedicated workforce,
safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common
shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).
Contact
Investor Relations
Lynette Gould, VP, Investor Relations, Communications
& External Affairs
647 271 2827 or 1 888 353 8166
lynette.gould@eldoradogold.com
Media
Chad Pederson, Director, Communications and Public
Affairs
236 885 6251 or 1 888 353 8166
chad.pederson@eldoradogold.com
Cautionary Note about Forward-looking Statements and Information
Certain of the statements made and information
provided in this news release 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 “anticipate”, “believe”, “budget”, “continue”,
“commitment”, “confident”, “deliver”, “estimate”, “expect”, “forecast”,
“foresee”, “future”, “goal”, “generate”, “guidance”, “intend”,
“opportunity”, “outlook”, “plan”, “project”, “potential”, “prospective”,
“scheduled”, “strive”, or “target” or the negatives thereof or variations of such words and phrases
or similar words or statements that certain actions, events or results “can”, “could”, “likely”,
“may”, “might”, “will”, or “would” be taken, occur or be achieved. Forward-looking statements
or information contained in this news release include, but are not limited to, statements or information with respect to: our strategy
and commitments related to responsible practices, safety and sustainability; and our expectations to advance a pipeline of long-life
assets and deliver disciplined, sustainable growth.
Forward-looking statements and forward-looking
information are by their nature 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. In addition, except where otherwise stated, we have assumed a continuation of existing business
operations on substantially the same basis as exists at the time of this news release. Even though we believe that the assumptions and
expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statements
or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control. Forward-looking statements
or information contained in this news release are subject to a variety of known and unknown risks, uncertainties and other factors which
could cause actual events or results to differ from those expressed or implied by the forward-looking statements or information. Those
risk factors are discussed in the section titled “Risk Factors in Our Business” in the Company’s most recent Annual
Information Form and Form 40-F. The reader is directed to carefully review our most recent Annual Information Form, Form 40-F and other
regulatory filings filed on SEDAR+ and EDGAR under our Company name for a fuller understanding of the risks and uncertainties that affect
the Company’s business and operations.
The inclusion of forward-looking statements and
information is designed to help you understand management’s current views of our near and longer-term prospects, and it may not
be appropriate for other purposes. There can be no assurance that forward-looking statements or information will prove to be accurate,
as actual results and future events could differ materially from those anticipated in such statements. Except as required by law, we
do not expect to update forward-looking statements and information 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
in Canada and the United States. Accordingly, you should not place undue reliance on the forward-looking statements or information contained
herein.