Dundee Precious Mtl ( (TSE:DPM) ) has shared an announcement.
Dundee Precious Metals has adopted a Shareholder Rights Plan to provide its Board and shareholders with adequate time to evaluate unsolicited take-over bids and negotiate value-enhancing alternatives. This plan, similar to those adopted by other Canadian public companies, aims to ensure fair treatment of shareholders and was not prompted by any specific acquisition proposal. The plan requires ratification at the company’s upcoming annual meeting and has been conditionally accepted by the Toronto Stock Exchange.
More about Dundee Precious Mtl
Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects in Bulgaria, Serbia, and Ecuador. The company aims to become a mid-tier precious metals company through sustainable and efficient gold production, development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production.
YTD Price Performance: 35.48%
Average Trading Volume: 577,603
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$3.17B
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