Dundee Precious Metals Completes Acquisition of Adriatic Metals and Confirms Name Change and ASX Listing

Core Viewpoint - Dundee Precious Metals Inc. has successfully completed the acquisition of Adriatic Metals Plc, enhancing its position in the mining sector with the addition of the Vareš operation in Bosnia and Herzegovina [1][2] Group 1: Acquisition Details - The acquisition was executed through a court-sanctioned scheme of arrangement under the U.K. Companies Act 2006, effective September 3, 2025 [1] - DPM now owns 100% of Adriatic Metals, which includes the Vareš silver-lead-zinc-gold underground mine [1] Group 2: Corporate Changes - Following the acquisition, DPM will change its corporate name to DPM Metals Inc., effective September 12, 2025 [2][4] - The DPM Shares will continue to trade on the TSX under the ticker symbol "DPM" post-name change, with a new CUSIP assigned [4] Group 3: ASX Listing - DPM has received approval for admission to the Official List of ASX Limited as an ASX Foreign Exempt Listing, with trading expected to commence on September 17, 2025 [5][6] - This listing will provide former Adriatic CDI holders continued access to trading on the ASX and enhance liquidity for all investors [7] Group 4: Company Overview - Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Bosnia and Herzegovina, Serbia, and Ecuador [8] - The company's strategic objective is to become a mid-tier precious metals company focused on sustainable and efficient gold production [8]