Dundee Corporation Announces Sale of G Mining Ventures Shares for $95.9 Million
13 Agosto 2024 - 2:02PM
Dundee Corporation (TSX: DC.A) (the “Corporation”
or “Dundee”) is pleased to announce that it has entered into an
agreement with RBC Dominion Securities Inc. (“RBC”) to sell
11,000,000 shares of G Mining Ventures Corp. (the “G Mining
Shares”) at a price of $8.85 per share to qualified purchasers, for
net proceeds to Dundee of approximately $95,920,000. (the “Sale
Transaction”).
Upon closing of the Sale Transaction, Dundee
will own 2,919,921 common shares of G Mining. Dundee has agreed
with RBC that its remaining shares of G Mining will be subject to a
60-day lock-up period, subject to customary exceptions. Proceeds
from the sale of the G Mining Shares will be available to the
Corporation immediately.
ABOUT DUNDEE CORPORATIONDundee
Corporation is a public Canadian independent holding company,
listed on the Toronto Stock Exchange under the symbol “DC.A”.
Through its operating subsidiaries, Dundee Corporation is an active
investor focused on delivering long-term, sustainable value as
a trusted partner in the mining sector with more than 30 years of
experience making accretive mining investments.
FORWARD LOOKING STATEMENTSThis
press release contains forward-looking information with respect to
future events. Forward-looking information is based on a number of
assumptions and is subject to a number of risks and uncertainties,
which could cause actual results and events to differ materially
from those that are disclosed in or implied by such forward-looking
information. The reader is referred to the documents which the
company files from time to time with applicable securities and
regulatory authorities.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Investor and Media RelationsT: (416) 864-3584E:
ir@dundeecorporation.com
Dundee (TSX:DC.A)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Dundee (TSX:DC.A)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024