Dundee Corporation Sells Shares in Reunion Gold Corporation
30 July 2019 - 12:34AM
In accordance with regulatory requirements, Dundee Corporation
(TSX: DC.A) announces that, through its wholly owned subsidiary,
Dundee Resources Limited, it has sold 9,986,000 common shares
(“Shares”) of Reunion Gold Corporation (TSXV:RGD) (the
“Issuer”).
Immediately prior to the disposition of
securities described in this news release, Dundee owned 63,174,838
Shares and warrants to purchase up to 3,730,769 Shares representing
an approximate 15.14% interest in the Issuer on an undiluted basis
and 15.89% on a partially diluted basis. Immediately
following the transaction that triggered the requirement to file
this news release, Dundee owns 53,188,838 Shares and warrants to
purchase up to 3,730,769 Shares, representing an approximate 12.75%
interest in the Issuer on an undiluted basis and 13.52% on a
partially diluted basis.
Dundee acquired the Shares of the Issuer for
investment purposes only. Dundee intends to review, on a continuous
basis, various factors related to its investment, including (but
not limited to) the price and availability of the securities of the
Issuer, subsequent developments affecting the Issuer or its
business, and the general market and economic conditions.
Based upon these and other factors, Dundee may decide to purchase
or sell securities of the Issuer.
For additional information, an early warning
report will be filed on SEDAR or may be obtained by contacting:
Dundee CorporationLegal Department1 Adelaide
Street East, Suite 2000Toronto, Ontario M5C 2V9Tel: (416)
350-3388
ABOUT DUNDEE CORPORATION
Dundee Corporation is a public Canadian
independent holding company, listed on the Toronto Stock Exchange
under the symbol “DC.A”. Through its operating subsidiaries,
Dundee Corporation is engaged in diverse business activities in the
areas of investment advisory, corporate finance, energy, resources,
agriculture, real estate and infrastructure. Dundee
Corporation also holds, directly and indirectly, a portfolio of
investments mostly in these key areas, as well as other select
investments in both publicly listed and private enterprises.
FOR FURTHER INFORMATION PLEASE CONTACT:
John Vincic Investor and Media RelationsDundee Corporation(647)
402-6375
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