Business
Dundee Precious Metals Announces Receipt of Namibia Competition Act Approval for Sale of Tsumeb Smelter
TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced that it received notice of approval u
About this update from Dpm Metals Inc.
[{"type":"text","content":" TORONTO, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) 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. (“Sinomine”). 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). For further information please contact: David RaePresident and Chief Executive OfficerTel: (416) [email protected] Jennifer CameronDirector, Investor RelationsTel: (416) [email protected] Cautionary Note Regarding Forward Looking Statements This news release contains “forward looking statements” or “forward looking information” (collectively, “Forward Looking Statements”) that involve a number of risks and uncertainties. Forward Looking Statements are statement that are not historical facts and are generally, but not always, identified by the use of forward looking terminology such as “plans”, “expects”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or that state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions. Forward looking statements in this news release i...