Dundee Corporation

TSX : DC.A


Dundee Corporation

January 28, 2014 21:10 ET

Dundee Corporation Acquires Further Interest in Goodman Gold Trust

TORONTO, ONTARIO--(Marketwired - Jan. 28, 2014) - In accordance with regulatory requirements, Dundee Corporation (TSX:DC.A) ("Dundee") announces that it has acquired, directly and indirectly, 381,033 units ("Units") of Goodman Gold Trust (the "Trust"). The Units were acquired pursuant to the Trust's distribution of $0.80 per unit whereby Dundee elected to receive Units under the Trust's distribution reinvestment plan.

When aggregated with existing positions owned or controlled by Dundee, Dundee now owns 2,195,707 Units representing an approximate 25.2% interest in the Trust.

The position in Goodman Gold Trust was acquired for investment purposes and may be increased or decreased in the future as considered appropriate in light of investment criteria, market conditions and other factors and in accordance with the provisions of applicable securities legislation.

ABOUT DUNDEE CORPORATION

Dundee Corporation is a public Canadian independent holding company listed on the Toronto Stock Exchange ("TSX") under the symbol "DC.A." Through its operating subsidiaries, Dundee Corporation is engaged in diverse business activities in the areas of its core competencies including investment advisory and corporate finance, energy, resources, agriculture, real estate and infrastructure. Dundee Corporation also holds, directly and indirectly, a portfolio of investments mostly in these core focus areas, as well as other select investments in both publicly listed and private companies.

Contact Information

  • Dundee Corporation
    Ned Goodman
    President and Chief Executive Officer
    (416) 365-5665

    Dundee Corporation
    Lucie Presot
    Vice President and Chief Financial Officer
    (416) 365-5157