Dundee Corporation Announces the Sale of 8,000 Shares of TauRx Pharmaceuticals Ltd. for Proceeds of US$1 Million
September 26 2024 - 5:02PM
Dundee Corporation (TSX: DC.A) (the “Company” or
“Dundee”) announced today that it has sold to a private investor
8,000 of the 1,015,008 shares it holds in TauRX Pharmaceuticals
Ltd. (“TauRx”) at a price of US$125 per share for proceeds to the
Company of US$1,000,000. The transaction remains subject to TauRx
board approval. Following the completion of the transaction Dundee
will continue to hold 1,007,008 TauRx shares.
ABOUT DUNDEE CORPORATION
Dundee Corporation is a public Canadian
independent holding company, listed on the Toronto Stock Exchange
under the symbol “DC.A”. Through its operating subsidiaries, Dundee
Corporation is an active investor focused on delivering
long-term, sustainable value as a trusted partner in the mining
sector with more than 30 years of experience making accretive
mining investments.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking
information within the meaning of applicable securities
legislation, which reflects Dundee Corporation’s current
expectations regarding future events. Forward-looking information
is based on a number of assumptions and is subject to a number of
risks and uncertainties, many of which are beyond Dundee
Corporation’s control, which could cause actual results and events
to differ materially from those that are disclosed in or implied by
such forward-looking information. Such risks and uncertainties
include, but are not limited to, the factors discussed under “Risk
Factors” in the Annual Information Form of Dundee Corporation and
subsequent filings made with securities commissions in Canada.
Dundee Corporation does not undertake any obligation to update such
forward-looking information, whether as a result of new
information, future events or otherwise, except as expressly
required by applicable law.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Investor and Media RelationsT: (416) 864-3584E:
ir@dundeecorporation.com
Dundee (TSX:DC.A)
Historical Stock Chart
From Nov 2024 to Dec 2024
Dundee (TSX:DC.A)
Historical Stock Chart
From Dec 2023 to Dec 2024