Dundee Corporation Acquires Further Interest in Eagle Hill Exploration Corporation
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 11/25/13 -- In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) ("Dundee") announces that it has acquired by private agreement 13,750,000 common shares ("Shares") of Eagle Hill Exploration Corporation ("Eagle Hill") for an aggregate cost of $1,620,781, being approximately $0.118 per Share.
When aggregated with existing positions owned by Dundee, Dundee now owns 111,404,000 Shares and warrants exercisable for the purchase of an additional 31,173,000 Shares representing an approximate 29.8% interest on an undiluted basis and 35.2% assuming the exercise of all warrants.
The position in Eagle Hill was acquired for investment purposes and may be increased or decreased in the future as considered appropriate in light of investment criteria, market conditions and other factors and in accordance with the provisions of applicable securities legislation.
ABOUT DUNDEE CORPORATION
Dundee Corporation is a public Canadian independent holding company listed on the Toronto Stock Exchange ("TSX") under the symbol "DC.A." Through its operating subsidiaries, Dundee Corporation is engaged in diverse business activities in the areas of its core competencies including investment advisory and corporate finance, energy, resources, agriculture, real estate and infrastructure. Dundee Corporation also holds, directly and indirectly, a portfolio of investments mostly in these core focus areas, as well as other select investments in both publicly listed and private companies.
Contacts:
Dundee Corporation
Ned Goodman
President and Chief Executive Officer
(416) 365-5665
Dundee Corporation
Lucie Presot
Vice President and Chief Financial Officer
(416) 365-5157
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Datum: 25.11.2013 - 13:56 Uhr
Sprache: Deutsch
News-ID 1286814
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