Dundee Corporation
TSX : DC.A

Dundee Corporation

May 01, 2017 07:30 ET

Dundee Corporation Secures New Revolving Credit Facility

TORONTO, ONTARIO--(Marketwired - May 1, 2017) - Dundee Corporation (TSX:DC.A) (the "Corporation" or "Dundee") is pleased to announce that, effective today, it has replaced its existing $80 million credit facility and entered into a 365-day revolving term credit facility with a Canadian Schedule I Chartered Bank for up to $80 million.

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

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Dundee Corporation's current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dundee Corporation's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed under "Risk Factors" in the 2016 Annual Information Form of Dundee Corporation and subsequent filings made with securities commissions in Canada. Dundee Corporation does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Contact Information

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

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