Dundee Precious Metals Completes Acquisition of Adriatic Metals and Confirms Name Change and ASX Listing

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[{"type":"text","content":"Dundee Precious Metals Completes Acquisition of Adriatic Metals and Confirms Name Change and ASX Listing\n\n\n\n TORONTO, Sept. 03, 2025 (GLOBE NEWSWIRE) --\n \n Dundee Precious Metals Inc. (TSX:DPM)\n \n (“DPM”) is pleased to announce the completion of its previously announced acquisition (the “Acquisition”) of the entire issued, and to be issued, ordinary share capital of Adriatic Metals Plc (“Adriatic Metals”), by means of a court-sanctioned scheme of arrangement (the “Scheme”) under Part 26 of the U.K. Companies Act 2006. The Scheme became effective in accordance with its terms on September 3, 2025 (the “Scheme Effective Date”), following the satisfaction of all of the conditions to the Scheme and the delivery of the order of the High Court of Justice in England and Wales sanctioning the Scheme dated August 29, 2025, to the Registrar of Companies in England and Wales. As a result of the completion of the Acquisition, DPM has acquired 100% of the issued share capital of Adriatic Metals, which owns the Vareš operation (“Vareš”) in Bosnia and Herzegovina, a producing silver-lead-zinc-gold underground mine.\n \n\n “Today is an exciting milestone for DPM. With the addition of the Vareš operation, DPM is a premier mining business with a peer-leading growth profile and a high-quality development and exploration pipeline,” said David Rae, President and Chief Executive Officer of DPM. “We will be leveraging our expertise in underground mining, our regional presence, successful track record of operations, optimization and project management, as well as our strong financial position, to further optimize and realize Vareš’ full value potential.”\n \n\n With the Acquisition completed, DPM intends to complete the previously announced change of its corporate name, from “Dundee Precious Metals Inc.” to “DPM Metals Inc.”, with effect as of September 12, 2025 (the “Name Change”). Further, DPM has also been granted approval for admission to the Official List of ASX Limited (the “ASX”) as an ASX Foreign Exempt Listing (as defined in the ASX Listing Rules), subject to the satisfaction of certain customary conditions. Official quotation of DPM&#x2...

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