Dundee Corporation Acquires Interest in Canadian Orebodies Inc.
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 08/24/12 -- In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) ("Dundee") announces that it has acquired, in a private placement, 5,000,000 units (each a "Unit") of Canadian Orebodies Inc. ("Canadian Orebodies") at a price of $0.20 per Unit. Each Unit consists of one common share in the capital of Canadian Orebodies issued on a flow-through basis and one-half of a common share purchase warrant ("Warrant"). Each whole Warrant entitles Dundee to purchase one common share at the price of $0.30 for a period of 18 months, subject to certain accelerated vesting provisions. In addition, an account managed by Goodman Investment Counsel Inc., a subsidiary of Dundee, controls 5,000,000 common shares and 2,500,000 warrants of Canadian Orebodies.
In aggregate, Dundee Corporation owns or controls a position in Canadian Orebodies representing an approximate 7.41% interest or 10.72% assuming the exercise of all warrants.
The position in Canadian Orebodies 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.
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
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 24.08.2012 - 20:25 Uhr
Sprache: Deutsch
News-ID 177528
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Personal Finance
Diese Pressemitteilung wurde bisher 246 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Dundee Corporation Acquires Interest in Canadian Orebodies Inc."
steht unter der journalistisch-redaktionellen Verantwortung von
Dundee Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
