(TheNewswire)
Vancouver, BC, Canada. / TheNewswire / December 29, 2017 – Dunnedin Ventures
Inc . (the "Company" or "Dunnedin") (TSX-V: DVI) today announced results of an Annual General and Special Meeting (the
"Meeting") of shareholders (the "Shareholders") held on December 22, 2017.
At the Meeting, Shareholders approved a plan of arrangement (the "POA"), involving the Company and
its wholly-owned subsidiary Solstice Gold Corp. ("Solstice"), pursuant to which the Company will spin out Solstice as a separately
listed company (see press releases dated November 29, 2017; November 27, 2017; May 11, 2017; May 1, 2017 and November 23, 2016).
Under the terms of the POA, shareholders of record of Dunnedin on July 17, 2017 will be entitled to receive one share of
Solstice for every three shares of Dunnedin held.
Following the Meeting, the Company was granted a final order from the Supreme Court of British Columbia,
approving the POA. Completion of the POA remains subject to the satisfaction of certain closing conditions, and the Company
will issue a further news release once the effective date for completion of the POA has been confirmed.
Solstice holds Dunnedin’s gold mineralization rights covering the Kahuna Project ("Kahuna"), including
registered ownership of 66 full claims, 50% of 12 additional claims as well as certain other mineral rights. Solstice will be
operated by an experienced management team comprised of Executive Chairman David Adamson Ph.D., President Marty Tunney P.Eng., Vice
President Exploration Bob Singh P.Geo, and Chief Financial Officer Tony Ricci CPA, CA.
Investors are cautioned that, except as disclosed in the management information circular prepared in connection
with the POA, any information released or received with respect to the POA may not be accurate or complete and should not be relied
upon. The TSX Venture Exchange has in no way passed upon the merits of the proposed POA and has neither approved nor
disapproved the contents of this news release.
For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360.
On behalf of the Board of Directors
Dunnedin Ventures Inc.
Chris Taylor
Chief Executive Officer
About the Kahuna Project
Dunnedin’s primary asset is the Kahuna project, where it is completing final steps to earn a 100 percent
interest. Kahuna is an advanced stage high grade diamond project located near Rankin Inlet, Nunavut. Dunnedin is now
recovering diamonds and indicator minerals from a series of kimberlite and till samples collected from three seasons of field work.
An Inferred Resource released by Dunnedin showed over 4 million carats of macrodiamonds (+0.85 mm) at a grade of 1.01 carats
per tonne had been defined along the partial strike length of the Kahuna and Notch kimberlite dikes through shallow drilling, and
remains open to extension. The largest diamond recovered was a 5.43 carat stone from the Kahuna dike which was a
piece of a larger diamond that had been broken during the sample preparation process and was reconstructed as having an original
size of 13.42 carats. Recent results include a 2.03 tonne sample of the PST kimberlite dike which returned 223 macrodiamonds
totalling 8.17 carats (+0.85 mm) and a 2.36 tonne sample of the Notch kimberlite which returned 89 macrodiamonds totalling 2.38
carats (+0.85 mm).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and
expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements".
Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects"
and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating
to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual
results to differ materially from those indicated in the forward-looking statements.
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