Core Viewpoint - Dundee Precious Metals Inc. has received approval from the Competition Council of Bosnia and Herzegovina for its proposed acquisition of Adriatic Metals plc, allowing the transaction to proceed pending shareholder and court approvals [1] Group 1: Transaction Details - The acquisition of Adriatic Metals was initially announced on June 13, 2025, and is now subject to obtaining shareholder approvals and the approval of the High Court of Justice in England and Wales [1] - DPM's board of directors, advised by BMO Capital Markets, believes the transaction is in the best interest of DPM and recommends shareholders vote in favor of the Share Issuance Resolution at the special meeting on August 13, 2025 [2] Group 2: Company Overview - Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Serbia, and Ecuador, aiming to become a mid-tier precious metals company through sustainable and efficient gold production [4] - The company focuses on developing quality assets and maintaining a strong financial position to support growth in mineral reserves and production [4]
Dundee Precious Metals Announces Satisfaction of Bosnian Competition Council Condition for Acquisition of Adriatic Metals
Globenewswire·2025-08-06 13:05