Dundee Corporation Acquires Further Interest in Woulfe Mining Corp.
December 05 2012 - 2:07PM
Marketwired
In accordance with regulatory requirements, Dundee Corporation
(TSX:DC.A) ("Dundee") announces that it has acquired 5,602,000
common shares of Woulfe Mining Corp. ("Woulfe Mining") through the
facilities of the TSX Venture Exchange. Dundee now owns 39,789,500
common shares and 10,000,000 warrants, representing an approximate
11.86% interest in Woulfe Mining on an undiluted basis or 14.41%
assuming the exercise of all warrants.
The position in Woulfe Mining was acquired for investment
purposes and may be increased or decreased in the future as
considered appropriate in light of investment criteria, market
conditions and other factors and in accordance with the provisions
of applicable securities legislation.
Contacts: Dundee Corporation Ned Goodman President and Chief
Executive Officer (416) 365-5665 Dundee Corporation Lucie Presot
Vice President and Chief Financial Officer (416) 365-5157
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