DPM Metals Responds to Revocation of the Loma Larga Environmental Licence

Core Points - DPM Metals Inc. has had its environmental licence for the Loma Larga project in Ecuador revoked by the Ministry of Environment and Energy [1] - The company expresses deep concern over the decision, emphasizing that the licence was issued after a rigorous government process ensuring compliance with Ecuadorian standards [2] - DPM asserts that its environmental management plan and protective measures are in line with the required standards [2] - The project design prioritizes responsible water management and environmental ecosystem protection, with independent studies indicating no adverse impact on water supply [3] - In response to the licence revocation, the company is evaluating options to preserve value and maintain flexibility for shareholders [3] Company Overview - DPM Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Bosnia and Herzegovina, Serbia, and Ecuador [3] - The strategic objective of the company is to become a mid-tier precious metals producer through sustainable and efficient gold production, quality asset development, and maintaining a strong financial position [3] - The company aims to deliver above-average returns for shareholders through disciplined strategic transactions [3]