TORONTO, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (the “Company”) announced today that the Toronto Stock Exchange (“TSX”) accepted its notice of intention to renew its normal course issuer bid (the “New Bid”) to repurchase certain of its common shares (“Shares”) through the facilities of the TSX. The Company commenced a normal course issuer bid (the “Current Bid”) on February 28, 2020, which terminates on February 27, 2021. Under the Current Bid, the Company sought and obtained approval to purchase up to 9 million Shares. Based on the Company’s disciplined approach to capital management, the directors considered it to be in the best interests of shareholders to return capital through the initiation of a quarterly dividend beginning in 2020 and as a result, the Company did not make any purchases under the Current Bid.