Dundee Corp T.DC.A

Alternate Symbol(s): DDEJF

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 > NCIB

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Post by pierrelebelon Sep 28, 2023 1:13pm

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Post# 35659759

NCIB

April 10,2023

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
President and CEO Jonathan Goodman views the purchase of shares for cancellation at current prices as a prudent long-term investment to streamline Dundee’s capital structure, reduce future dividend payments, and return excess cash to shareholders
Dundee Corporation is an active investor with more than 30 years of experience making accretive mining investments