Dundee Corporation Acquires Further Interest in Eagle Hill Exploration Corporation
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 08/15/13 -- In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) ("Dundee") announces that it has acquired in a private placement, 62,346,000 units ("Units") of Eagle Hill Exploration Corporation ("Eagle Hill") at a price of $0.075 per Unit. Each unit consists of one common share ("Share") in the capital of Eagle Hill and one-half of one transferable common share purchase warrant ("Warrant"). Each whole Warrant entitles the holder to purchase one Share at a price of $0.10 per Share at any time within 48 months.
When aggregated with Dundee's existing position in Eagle Hill, Dundee now owns or controls 97,654,000 Shares and Warrants exercisable for the purchase of 31,173,000 Shares representing an approximate 26.14% interest on an undiluted basis and 31.83% assuming the conversion 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
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 15.08.2013 - 15:37 Uhr
Sprache: Deutsch
News-ID 288274
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Personal Finance
Diese Pressemitteilung wurde bisher 212 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Dundee Corporation Acquires Further Interest in Eagle Hill Exploration Corporation"
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).
