- Dundee Precious Metals (DPM) has received approval from the TSE to renew its normal course issuer bid (NCIB)
- The new NCIB will commence on March 1, 2022 and end on February 28, 2023
- The company may purchase a maximum of 9 million shares for cancellation
- Dundee Precious Metals is a Canadian-based international gold mining company
- Dundee Precious Metals Inc. (DPM) opened trading at C$7.46 per share
Dundee Precious Metals (DPM) has received approval from the TSE to renew its normal course issuer bid (NCIB).
Under the current bid, which terminates on February 28, 2022, the company has purchased 2,857,800 shares.
The number of shares that may be purchased during the new bid, which commences on March 1, 2022, and terminates on February 28, 2023, will not exceed 9 million shares.
Dundee will not acquire more than 100,319 shares on any given day.
Shares purchased under the new bid will be cancelled.
The company has re-appointed RBC Capital Markets to make any purchases under the new NCIB on its behalf.
Dundee Precious Metals is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Ecuador and Serbia.
Dundee Precious Metals Inc. (DPM) opened trading at C$7.46 per share.