Two and half years ago
DUNDEE CORPORATION’S SHIFT TO DUNDEE 2.0 GATHERS MOMENTUM
Toronto, June 24, 2021 – Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to announce that at its Annual General Meeting of shareholders (“AGM”) held earlier today, the Corporation’s nominees were overwhelmingly reelected, and PricewaterhouseCoopers LLP was reappointed as Auditor.
At a meeting held immediately after the AGM, the Board unanimously reappointed Peter Nixon as Chair, and, on the recommendation of Jonathan Goodman, Dundee’s President and CEO, appointed Steven
Sharpe as Executive Vice Chair, effective Friday, June 25, 2021.
Mr. Sharpe’s mandate is to rationalize Dundee’s portfolio of legacy investments and operating subsidiary companies. His appointment will facilitate the Corporation’s transformation into an active investor solely focused on the mining sector by permitting the Dundee management team to focus on that strategy. With the appointment, Mr. Sharpe has resigned as a director of the Corporation.
Jonathan Goodman commented:
“We welcome Steven to our leadership team in his new role of Executive Vice Chair. We believe that with his skillset, expertise, and senior leadership experience, Steven is perfectly suited to execute on one of our key strategic objectives, namely, rationalizing our portfolio of legacy assets.
With him leading this initiative, Dundee’s efforts in this regard will clearly accelerate, and we can sharpen our focus on building Dundee 2.0 as an active investor in the mining sector.”