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Home : Dundee Corporation Acquires Interest in Cantex Mine Development Corporation
Aug 02
2013

Dundee Corporation Acquires Interest in Cantex Mine Development Corporation

TORONTO, ONTARIO--(Marketwired - Aug. 1, 2013) - In accordance with regulatory requirements, Dundee Corporation (TSX:DC.A) ("Dundee") announces that it has acquired in a private placement, 12,045,455 flow-through shares ("FT Shares") of Cantex Mine Development Corporation ("Cantex") at a price of $0.11 per FT Share. When aggregated with existing positions held in managed accounts, Dundee now owns or controls 13,378,787 common shares and 266,666 warrants in the capital of Cantex representing an approximate 19.55% interest on an undiluted basis and 19.86% assuming the conversion of all warrants.
Source:http://www.marketwire.com/mw/release.do?id=1817130&sourceType=3
 
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