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Contract Type
partnership
TorontoInvestment ManagementDescription
Dundee Corporation, through its wholly owned subsidiary Dundee Resources Limited, has acquired 2,000,000 common shares of Greenheart Gold Inc. at the price of C$0.50 per share for aggregate consideration of C$1,000,000 as part of the Issuer’s bought deal private placement. This acquisition has resulted in Dundee and its affiliates owning or controlling an aggregate of 11,768,366 common shares representing an approximate 7.68% interest in the Issuer on an undiluted basis.