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| Home : Dundee Corporation Acquires Interest in Golden Share Mining Corporation |
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Apr 22
2011 |
Dundee Corporation Acquires Interest in Golden Share Mining Corporation |
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TORONTO, ONTARIO--(Marketwire - April 21, 2011) - In accordance with regulatory requirements, Dundee Corporation (TSX:DC.A)(TSX:DC.PR.A)(TSX:DC.PR.B) ("Dundee" or the "Company") announced today that it has acquired, in a private placement, 6,500,000 units (each a "Unit") of Golden Share Mining Corporation ("Golden Share Mining") at a price of $0.20 per Unit. Each Unit is comprised of one common share in the capital of Golden Share Mining ("Common Share") and one common share purchase warrant (each a "Warrant"). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.32 for a period of 24 months from the date of closing. This holding represents an approximate 7.57% interest in Golden Share Mining on an undiluted basis or an approximate 14.07% interest assuming the conversion of all Warrants. |
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| Source:http://www.marketwire.com/mw/release.do?id=1505544&sourceType=3 |
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