Dundee Corporation

Dundee Corporation

February 12, 2016 07:00 ET

Dundee Corporation Announces Completion of Share Exchange Transaction

TORONTO, ONTARIO--(Marketwired - Feb. 12, 2016) - Dundee Corporation (TSX:DC.A) (TSX:DC.PR.C) (the "Company") today announced the completion of its previously announced share exchange transaction pursuant to which each First Preference Shares, Series 4 of the Company was exchanged for: (i) 0.7136 of a First Preference Share, Series 5 of the Company (the "Series 5 Preferred Shares"); and (ii) 0.25 of a Class A subordinate voting share purchase warrant (the "Warrants") pursuant to a plan of arrangement under section 182 of the Business Corporations Act (Ontario).

The Series 5 Preferred Shares and the Warrants are each listed on the Toronto Stock Exchange (the "TSX") under the symbols "DC.PR.E" and "DC.WT", respectively, and will commence trading on the TSX at the opening of the market today.

About Dundee Corporation

Dundee Corporation is a public Canadian independent holding company listed on the Toronto Stock Exchange. 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

  • John Vincic
    Media Relations
    Dundee Corporation
    (647) 402-6375

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