Dundee Precious Metals Announces Overwhelming Shareholder Approval for Acquisition of Adriatic Metals and Name Change

Toronto Star

5 days ago

TORONTO, Aug. 13, 2025 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) ('DPM') is pleased to announce the voting results from its special meeting (the 'Meeting') of DPM shareholders ('Shareholders') held at 10:00 a.m. (Toronto time) on August 13, 2025. At the Meeting, Shareholders voted to approve both (i) the issuance (the 'Share Issuance') of common shares of DPM ('DPM Shares') in connection with DPM's proposed acquisition (the 'Acquisition') of the issued and to be issued ordinary shares of Adriatic Metals plc ('Adriatic'), to be effected by way of a scheme of arrangement (the 'Scheme') under Part 26 of the Companies Act, and (ii) an amendment to the articles of DPM to change the name of DPM (the 'Name Change') to 'DPM Metals Inc.' or such other name as the board of directors of DPM, in its sole discretion, may approve, subject to approval by the applicable regulatory authorities.
A total of 122,182,683 DPM Shares were voted at the meeting in respect of the Share Issuance and 125,583,567 DPM Shares were voted at the meeting in respect of the Name Change, representing approximately 73.19% and 75.23%, respectively, of the issued and outstanding DPM Shares. The Share Issuance and the Name Change were each approved by more than 99.7% of the votes cast in respect of such resolution at the Meeting.