Dundee Corporation Announces Acquisition of Shares of Greenheart Gold Inc.
17 Outubro 2024 - 6:35PM
In accordance with regulatory requirements, Dundee Corporation
(TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary,
Dundee Resources Limited, has acquired 2,000,000 common shares of
Greenheart Gold Inc. (TSXV - GHRT) (the “Issuer”) at the price of
C$0.50 per share for aggregate consideration of C$1,000,000 as part
of the Issuer’s bought deal private placement.
Immediately prior to the acquisition of
securities described in this news release, Dundee and its
affiliates owned 9,768,366 common shares of the Issuer representing
an approximate 12.07% interest in the Issuer on an undiluted basis.
Immediately following the transaction that triggered the
requirement to file this news release, Dundee and its affiliates
own or control an aggregate of 11,768,366 common shares
representing an approximate 7.68% interest in the Issuer on an
undiluted basis.
Dundee acquired the securities of the Issuer for
investment purposes only. Dundee intends to review, on a continuous
basis, various factors related to its investment, including (but
not limited to) the price and availability of the securities of the
Issuer, subsequent developments affecting the Issuer or its
business, and the general market and economic conditions. Based
upon these and other factors, Dundee may decide to purchase
additional securities of the Issuer or may decide in the future to
sell all or part of its investment.
This news release is being issued in accordance
with National Instrument 62-103 – The Early Warning System and
Related Take-Over Bid and Insider Reporting Issues in connection
with the filing of an early warning report. The early warning
report respecting the acquisition will be filed on the System for
Electronic Document Analysis and Retrieval (“SEDAR”) at
www.sedar.com under the Issuer’s profile. To obtain a copy of the
early warning report filed by Dundee, please contact:
Dundee CorporationLegal Department80 Richmond
Street West, Suite 2000Toronto, Ontario M5H 2A4Tel: (416)
365-5172
ABOUT DUNDEE CORPORATION
Dundee 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.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Investor and Media RelationsT: (416) 864-3584E:
ir@dundeecorporation.com
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