Dundee Precious Metals Announces Receipt of Namibia Competition Act Approval for Sale of Tsumeb Smelter
17 August 2024
Dundee Precious Metals Inc. today announced that it received notice of approval under the Namibia Competition Act for the Company’s sale of its interest in the Tsumeb smelter to a subsidiary of Sinomine Resource Group Co. Ltd.
The sale is on track to close as planned in the third quarter of 2024, subject to completing the documentation regarding the revised purchase price and proposed tolling arrangement as disclosed in the Company’s Management’s Discussion and Analysis and news release published on August 1, 2024, available on our website at www.dundeeprecious.com.
About Dundee Precious Metals:
Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Serbia and Ecuador. The Company’s purpose is to unlock resources and generate value to thrive and growth together.
This overall purpose is supported by a foundation of core values, which guides how the Company conducts its business and informs a set of complementary strategic pillars and objectives related to ESG, innovation, optimizing our existing portfolio, and growth.
The Company’s resources are allocated in-line with its strategy to ensure that DPM delivers value for all of its stakeholders. DPM’s shares are traded on the Toronto Stock Exchange (symbol: DPM).
Contacts:
David Rae
President and Chief Executive Officer
Tel: (416) 365-5191
investor.info@dundeeprecious.com
Jennifer Cameron
Director, Investor Relations
Tel: (416) 219-6177
jcameron@dundeeprecious.com
Source: globenewswire.com