Dundee Corp T.DC.PR.D

Primary Symbol: T.DC.A Alternate Symbol(s): DDEJF

Healthcare Metals & Mining Technology Gold Industrial Metals & Minerals Silver

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include Corporate and Other Portfolio Holdings; Goodman & Company, Investment Counsel Inc.; Dundee Sustainable Technologies Inc.; United Hydrocarbon International Corp., and Dundee 360 Real Estate Corporation. Corporate and Other Portfolio Holdings segment invests in public and private equity and debt securities in diversified industry segments. Goodman & Company, Investment Counsel Inc. includes the activities of Dundee Global Investment Management Inc. Dundee Sustainable Technologies Inc., a 78%-owned subsidiary developing patented sustainable precious and base metals extraction processes. United Hydrocarbon International Corp., an 84%-owned private subsidiary engaged in oil and gas exploration through the holding of a royalty interest in the Republic of Chad.

TSX:DC.A - Post by User

Dundee Corp > Genting / TauRx

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Comment by pierrelebelon Mar 10, 2024 4:28pm

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Post# 35925368

RE:RE:RE:RE:RE:RE:RE:RE:Genting / TauRx

"I believe he was referring to the pref shares because he mentioned dividends."

Not quite. From the press release eleven months ago (LINK posted earlier):

Dundee (DC.A) has received regulatory approval for normal course issuer bids (NCIB) on three share classes
The company may purchase up to a maximum of 7,571,650 Class A shares, 114,916 Series 2 shares and 181,752 Series 3 shares, representing 10 per cent of the company’s public float of each share class"

While some DC.PR.D were purchased in December with borrowed money, my earlier post refers to management unwillingness to fulfill the NCIB on class "A" shares.
If 7,500,000 class "A" shares had been purchased for cancellation in the last eleven months (with cash we had on hand at the time), the shares would not trade under $1 at this time.

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