Dundee Corporation Announces the Accretive Monetization of Its Royalty on the Borborema Gold Project

Core Viewpoint - Dundee Corporation has entered into a Royalty Purchase Agreement with Gold Royalty Corp. to sell its net smelter royalty in the Borborema Gold Project for a total of US$45 million, which includes US$30 million in cash and US$15 million in common shares of GROY [1][2] Group 1: Transaction Details - The purchase price consists of US$30 million in cash and US$15 million in common shares at a price of US$4.20 per share, based on the 20-day volume weighted average price prior to the agreement [1] - The transaction is expected to be completed in January 2026, subject to customary conditions [1] Group 2: Strategic Implications - The sale is described as a disciplined capital allocation decision that aligns with the company's strategic priority of building sustainable cash flow from mining operations [2] - The capital generated from this transaction will support operating-focused initiatives, including a joint venture partnership with Westhaven and other opportunities for long-term cash flow generation [2] Group 3: Company Overview - Dundee Corporation is a public Canadian independent mining-focused holding company listed on the Toronto Stock Exchange under the symbol "DC.A" [3] - The company is primarily engaged in investing in mineral resource assets and aims to unlock value through strategic investments in mining projects globally [3]