Dundee Corporation Announces Acquisition of Shares of Greenheart Gold Inc.

TORONTO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- In accordance with regulatory requirements, Dundee Corporation (TSX:DC) ("Dundee") announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired 2,000,000 common shares of Greenheart Gold Inc. (TSXV - GHRT) (the "Issuer") at the price of C$0.50 per share for aggregate consideration of C$1,000,000 as part of the Issuer's bought deal private placement.

Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates owned 9,768,366 common shares of the Issuer representing an approximate 12.07% interest in the Issuer on an undiluted basis. Immediately following the transaction that triggered the requirement to file this news release, Dundee and its affiliates own ...