Notice: DPM Annual General Meeting and 2011 First Quarter Results

TORONTO, ONTARIO--(Marketwire - April 27, 2011) - Dundee Precious Metals Inc. (TSX:DPM)(TSX:DPM.WT)(TSX:DPM.WT.A) (the "Company" or "DPM") will be holding an analyst call to present its First Quarter 2011 Financial Results at its Annual General Meeting, on Wednesday, May 11, 2011 at 3:30 p.m. (EST) at the TMX Broadcast Centre – Gallery, The Exchange Tower, 130 King Street West, Toronto.

The Annual General Meeting will be hosted by Jonathan Goodman, President and CEO, who will be joined by his senior management team. The call will be accessible via a live webcast and by telephone.

Live webcast (audio only) at: http://www.gowebcasting.com/2407.

Listen only telephone option at 416-695-6617 or North America Toll Free 1-800-396-7098. Replay available at 905-694-9451 or North America Toll Free 1-800-408-3053, passcode 3547687.

The corresponding press release and financial statements will be issued prior to the call and posted on the Company's website at www.dundeeprecious.com.

Dundee Precious Metals Inc. is a Canadian based, international mining company engaged in the acquisition, exploration, development, mining and processing of precious metals properties. The Company's operating interests include its 100% ownership of Chelopech Mining EAD, its principal asset being the Chelopech mine, a gold, copper, silver concentrates producer located east of Sofia, Bulgaria, a 100% ownership of Namibia Custom Smelters (Pty) Ltd., a concentrate processing facility located in Tsumeb, Namibia, and a 100% interest in Deno Gold Mining Company CJSC, its principal asset being the Kapan mine, a gold, copper, zinc, silver concentrates producer located in southern Armenia. DPM's interests also include a 100% interest in the Krumovgrad development stage gold property located in south eastern Bulgaria, near the town of Krumovgrad and certain exploration and exploitation properties in Serbia.