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Dundee Precious Metals Announces Acquisition Of Osino

PRIVATEDec 18, 2023

Acquiring Company

Dundee Precious Metals

Acquired Company

Osino Resources Corp.

TorontoVancouverMiningPrecious MetalsMineralMining TechnologyMiningPrecious MetalsMineral

Description

Dundee Precious Metals Inc. (TSX:DPM) (“DPM”) and Osino Resources Corp. (“Osino”) (TSXV: OSI) (FSE: RSR1) (OTCQX: OSIIF) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) whereby DPM will acquire all of the issued and outstanding common shares of Osino pursuant to a plan of arrangement (the “Transaction”). The Transaction adds Osino’s high-quality, long-life Twin Hills open pit gold project as well as an extensive exploration portfolio in Namibia to DPM’s existing portfolio of assets.

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Company Information

Company

Dundee Precious Metals

Location

Toronto, Ontario, Canada

About

Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Serbia and Ecuador. DPM’s purpose is to unlock resources and generate value to thrive and grow together. This overall purpose is supported by a foundation of core values, which guides how DPM conducts its business and informs a set of complementary strategic pillars and objectives related to ESG, innovation, optimizing our existing portfolio and growth. The Company’s resources are aligned in-line with its strategy to ensure that DPM delivers value for all of its stakeholders. DPM’s shares are traded on the Toronto Stock Exchange (symbol: DPM).

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Frequently asked

Who acquired Osino Resources Corp.?

Osino Resources Corp. was acquired by Dundee Precious Metals, based in Toronto. The deal was reported on December 18, 2023. Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Serbia and Ecuador. Dundee Precious Metals is privately held and operates in Mining.

When did Dundee Precious Metals acquire Osino Resources Corp.?

Dundee Precious Metals's acquisition of Osino Resources Corp. was reported on December 18, 2023. Dundee Precious Metals Inc. (TSX:DPM) (“DPM”) and Osino Resources Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Osino Resources Corp. do?

Osino Resources Corp. is a gold exploration company focusing on acquiring and exploring gold properties in Namibia. Its portfolio primarily consists of the Twin Hills Gold Project in central Namibia as well as exploration projects Ondundu and Eureka. It is privately held, operating in Mining, and is based in Vancouver.

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