Original News Release
Dundee Precious obtains U.K. court OK for Adriatic deal
Ms. Jennifer Cameron reports
DUNDEE PRECIOUS METALS ANNOUNCES UK COURT APPROVAL OF ACQUISITION OF ADRIATIC METALS AND ASX LISTING APPROVAL
The High Court of Justice in England and Wales has sanctioned the previously announced scheme of arrangement by which Dundee Precious Metals Inc.'s recommended offer to acquire all of the issued and to be issued ordinary shares of Adriatic Metals PLC is being implemented. All conditions of the scheme will be satisfied following the delivery of a copy of the court order to the Registrar of Companies in England and Wales, and the transaction is expected to close on Sept. 3, 2025.
Dundee Precious also announced that it has been granted approval for admission to the official list of the Australian Securities Exchange as an ASX foreign exempt listing (as defined in the ASX listing rules), subject to the satisfaction of certain customary conditions to listing. Official quotation of Dundee Precious's CHESS depositary interests on the ASX is expected to occur on a date to be announced by Dundee Precious following the completion of the transaction.
About Dundee Precious Metals Inc.
Dundee Precious is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Serbia and Ecuador. Its strategic objective is to become a mid-tier precious metal company, which is based on sustainable, responsible and efficient gold production from its portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions. This strategy creates a platform for robust growth to deliver above-average returns for Dundee Precious shareholders. Dundee Precious's shares are traded on the Toronto Stock Exchange.
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