Dundee Corp 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 mining investments, mining services, and corporate and others. Its asset base includes investments in precious and base metals projects across four continents. Its subsidiaries include Dundee Sustainable Technologies Inc. (Dundee Technologies), Dundee Resources Limited, and Goodman & Company, Investment Counsel Inc. The Dundee Sustainable Technologies Inc., a 78%-owned subsidiary developing patented sustainable precious and base metals extraction processes. Through the development of its patented processes, the GlassLock Process and the CLEVR Process, Dundee Technologies extracts precious and base metals from ores and concentrates, while stabilizing contaminants such as arsenic.

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Dundee Corp

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Comment by kennethjon Dec 11, 2017 7:27pm

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Post# 27134272

RE:RE:RE:RE:RE:Tender Choice will remain closed ...............

Hi Macpoor,

On the 3rd quarter call they mentioned that subsequent to quarter end, the facility will be shutdown for approximately 30 days in order to complete required repairs, maintenance and plant upgrade.

What happened was after they bought the facility, the Canadian Food Inspection Agency came in for a surprise audit and they failed on certain items. Bad luck with the timing of the surprise audit, but does not reflect well on management as any issues should have been identified during due diligence.

Hopefully the fire is unrelated to the maintenance and upgrades. I do not believe the cause of the fire has been discovered and/or disclosed.

Confirmed business interuption insurance after a call with management.