Dundee Corporation Announces Acquisition of Shares of Bulgold Inc.

Core Viewpoint - Dundee Corporation has acquired 1,454,553 common shares of Bulgold Inc. at a price of C$0.05 per share, totaling C$72,727.65, as part of its investment strategy [1][2]. Group 1: Acquisition Details - The acquisition increases Dundee's total ownership in Bulgold Inc. from 3,253,967 common shares and 833,333 warrants (11.79% undiluted, 14.38% partially diluted) to 4,708,520 common shares and 833,333 warrants (9.58% undiluted, 11.09% partially diluted) [2]. - The shares were acquired through a private placement, indicating a strategic investment approach by Dundee [1]. Group 2: Investment Intentions - Dundee acquired the shares solely for investment purposes and will continuously review various factors related to its investment, including market conditions and developments affecting Bulgold Inc. [3]. - The company may consider purchasing additional securities or selling part of its investment based on ongoing assessments [3]. Group 3: Company Overview - Dundee Corporation is a public Canadian independent mining-focused holding company listed on the Toronto Stock Exchange, primarily engaged in acquiring mineral resource assets [5]. - The corporation aims to unlock value through strategic investments in mining projects globally, conducting thorough due diligence to assess the merits and risks of each project [5].