Dundee announces satisfaction of Bosnian Competition Council condition

Dundee Precious Metals (DPMLF) reported that the condition to the proposed acquisition by DPM of Adriatic Metals, previously announced on June 13 with respect to receiving the approval of the Transaction by the Competition Council of Bosnia and Herzegovina in accordance with the Bosnian Competition Act has now been satisfied. The parties are able to proceed with the Transaction subject to obtaining all applicable shareholder approvals and the approval of the High Court of Justice in England and Wales, the delivery of a copy of the High Court of Justice’s order to the Registrar of Companies in England and Wales and satisfying all other conditions. In connection with the upcoming special meeting of shareholders to be held on August 13, 2025, DPM shareholders are encouraged to read the management information circular included in the meeting materials previously mailed to DPM shareholders and cast their vote with respect to the Share Issuance Resolution. The board of directors of DPM has been advised by BMO Capital Markets as to the financial terms of the Transaction and considers the Transaction to be in the best interest of DPM and fair to DPM from a financial point of view. The DPM Board recommends that DPM shareholders vote FOR the resolution of the DPM shareholders to approve the issuance of DPM common shares in the Transaction at the meeting.