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Dundee Precious Metals Files Early Warning Report Regarding Investment in INV Metals Inc.


Dundee Precious Metals Files Early Warning Report Regarding Investment in INV Metals Inc.
Dundee Precious Metals Files Early Warning Report Regarding Investment in INV Metals Inc.
TORONTO, Jan. 28, 2021 Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today filed an early warning report with respect to its ownership in INV Metals Inc. (“INV Metals”) following the completion of a non-brokered C$3,962,683 private placement (the “Offering”). Pursuant to the terms of the Offering, INV Metals issued 8,805,962 common shares (the “Common Shares”) to the Company at a price of C$0.45 per Common Share. Following completion of the Offering, the Company owns 35,344,424 Common Shares, or approximately 23.5% of the issued and outstanding Common Shares, calculated on a non-diluted basis. The Common Shares issued under the Offering are subject to a customary four month statutory hold period. ....

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