Dundee Corporation Entities Enter Into Voting Support Agreements With G Mining Ventures Corp. - Seite 2

Upon completion of the Arrangement, existing G Mining and Reunion shareholders will own approximately 57% and 43% of the New GMIN on a fully-diluted in-the-money basis prior to the concurrent US$50 million equity financing described in the Joint News Release, and the New GMIN and Reunion shareholders will own 19.9% and 80.1%, respectively, of the outstanding common shares of SpinCo.

As of the date hereof, Dundee currently owns indirectly, and exercises control and direction over, an aggregate of 183,264,394 Reunion Shares and 12,102,945 share purchase warrants of Reunion, representing an approximate 14.89% ownership interest in Reunion on an undiluted basis and a 15.72% ownership interest in Reunion on a partially diluted basis.

Jonathan Goodman, President and CEO of Dundee Corporation, commented:

“We are pleased to support a transaction at an implied premium of 29%¹, which delivers significant value to our shareholders. Oko West is by any measure a world class asset. The combined company creates a mid-tier gold producer with limited future dilution and presents a compelling re-rating opportunity driven by multiple near-term catalysts. Dundee is highly supportive of consolidation in the mining sector broadly and we think this combination makes a great deal of sense.” This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting, and an early warning report will be filed by the Company in accordance with applicable securities laws. The early warning report will be filed on the System for Electronic Document Analysis and Retrieval+, accessible at www.sedarplus.ca under the Company’s profile. To obtain a copy of the early warning report filed by the Company, please contact:

Dundee Corporation
Legal Department
Attention: Mark Pereira, Vice President and Corporate Secretary
80 Richmond Street West, Suite 2000
Toronto, Ontario, M5H 2A4
Tel: [phone]

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.