Business
Dundee Precious Metals Announces Automatic Repurchase Plan Pursuant to Its Normal Course Issuer Bid
TORONTO, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (the “Company”) announced today that it has implemented an automatic repurchas
About this update from Dpm Metals Inc.
[{"type":"text","content":" TORONTO, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (the “Company”) announced today that it has implemented an automatic repurchase plan with effect from Monday, December 20, 2021 with its designated broker in order to facilitate purchases of its common shares under its previously announced normal course issuer bid (“NCIB”) at times when the Company ordinarily would not be active in the market due to regulatory restrictions or self-imposed blackout periods. Purchases made pursuant to the automatic repurchase plan, if any, will be made by the Company’s designated broker based upon the parameters prescribed by the Toronto Stock Exchange (“TSX”), applicable Canadian securities laws and the terms of the written agreement between the Company and its designated broker. The automatic repurchase plan constitutes an “automatic plan” for purposes of applicable Canadian securities legislation and the agreement governing the plan has been pre-cleared by the TSX. Refer to the Company’s news release dated February 25, 2021 for additional information regarding the NCIB. About Dundee Precious Metals Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Ecuador and Serbia. The Company’s purpose is to unlock resources and generate value to thrive and grow 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). For further information please contact: David RaePresident and Chief Executive OfficerTel: (416) [email protected] Hume KyleExecutive Vice President and Chief Financial OfficerTel: (416) [email protected] Jennifer CameronDirector, Investor RelationsTel: (416) [email protected] Cautionary Note Regarding Forward-Looking Statements This press release contains “forward looking statements” or “forward looking information” (collectively, “Forward Looking Statements”) that involve a ...