Dundee Acquisition Ltd. Announces Class A Restricted Voting Shares and Warrants to Commence Trading Separately on June 1, 2015

TORONTO, ONTARIO--(Marketwired - May 29, 2015) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES

Dundee Acquisition Ltd. (the "Company") (TSX:DAQ.A)(TSX:DAQ.WT) announces that the securities underlying the Company's class A restricted voting units, consisting of one class A restricted voting share and one-half of a warrant, will commence trading separately on the Toronto Stock Exchange effective June 1, 2015. The class A restricted voting shares and whole warrants are expected to trade under the symbols "DAQ.A" and "DAQ.WT", respectively.

About Dundee Acquisition Ltd.

Dundee Acquisition Ltd. is a special purpose acquisition corporation formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or engaging in any other similar business combination with one or more businesses or assets.

Cautionary Statements

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as such term is defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.