Dundee Corporation Announces Acquisition of Shares of New Found Gold Corp.

Core Insights - Dundee Corporation has acquired a total of 36,722,569 common shares and 7,655,829 warrants of New Found Gold Corp, representing approximately 10.88% interest on an undiluted basis and 12.86% on a partially diluted basis [1][2] Company Overview - Dundee Corporation is a public Canadian independent mining-focused holding company listed on the Toronto Stock Exchange under the symbol "DC.A" [5] - The company is primarily engaged in acquiring mineral resource assets with the objective of unlocking value through strategic investments in mining projects globally [5] - Dundee conducts due diligence to assess the geological, technical, environmental, and financial merits and risks of each project, aiming to deploy capital for investment returns or strategic partnerships [5]