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Source document· December 8, 2025
Dundee Corporation Announces Sale of New Found Gold Corp. Units for Up to C$159.1 Million
View original at globenewswire.comDundee Corporation Announces Sale of New Found Gold Corp. Units for Up to C$159.1 Million NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES…
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Monetizing this position enables us to redeploy capital into opportunities that strengthen our cash generation profile, while our retained warrant position preserves meaningful participation in the company's future growth
80% confidenceDundee currently has no immediate plans or intentions with respect to New Found Shares but may develop such plans in the future depending on market conditions and other factors
80% confidenceProceeds from the sale of Units will be available to Dundee immediately and will be used to enhance the Corporation's liquidity and for general corporate purposes
80% confidence