logo
Dundee Corporation Announces Voting Results from 2025 Annual Meeting of Shareholders

Dundee Corporation Announces Voting Results from 2025 Annual Meeting of Shareholders

TORONTO, June 19, 2025 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) ('Dundee' or the 'Corporation') is pleased to announce the voting results from its Annual Meeting of Shareholders (the 'Meeting') which was held earlier today. Shareholders voted in favour of all items of business before the Meeting, as follows:
Appointment of Auditor
PricewaterhouseCoopers LLP were appointed as Auditor of the Corporation and the directors of the Corporation were authorized to fix the remuneration of the Auditor. Details of the voting results are set out below:
Election of Directors
The shareholders elected each of the seven nominees listed in the Corporation's Management Proxy Circular. Details of the voting results are set out below:
The Corporation also announces the departure of Steven Sharpe as Executive Vice Chair with the Corporation's orderly disposition of its non-mining legacy investment portfolio nearly complete. We would like to thank Mr. Sharpe for his valuable contribution to the organization and wish him continued success in his future endeavors.
ABOUT DUNDEE CORPORATION
Dundee Corporation is a public Canadian independent mining-focused holding company, listed on the Toronto Stock Exchange under the symbol 'DC.A'. The Corporation is primarily engaged in acquiring mineral resource assets. The Corporation operates with the objective of unlocking value through strategic investments in mining projects globally. Our team conducts due diligence in order to assess the geological, technical, environmental, and financial merits and risks of each project and looks to deploy capital where it can either seek to generate investment returns or where the Corporation can collaborate with operating partners and take strategic partnerships through direct interests in mining operations.
FOR FURTHER INFORMATION PLEASE CONTACT:
Investor and Media Relations
T: (416) 864-3584
E:
ir@dundeecorporation.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Earnings Preview: Once Mighty BlackBerry (BB) Faces a Make-or-Break Quarter
Earnings Preview: Once Mighty BlackBerry (BB) Faces a Make-or-Break Quarter

Business Insider

timean hour ago

  • Business Insider

Earnings Preview: Once Mighty BlackBerry (BB) Faces a Make-or-Break Quarter

BlackBerry (BB) is approaching its next quarterly financial results on June 24 with its stock on a hot streak, having risen 14% on the year. Confident Investing Starts Here: However, with its share price ripping higher, analysts say it likely won't take much for the stock of the once mighty Canadian smartphone maker to crash on a disappointing print. BlackBerry's share price fell 10% after the company's previous financial results missed the mark. The consensus expectation among analysts is for BlackBerry to post flat earnings of $0.00 per share and revenue of $112.18 million for the quarter. While that might seem like a low bar to jump, it could prove too much for BlackBerry, which has struggled for more than a decade to transition away from its original business as a maker of smartphones and into cybersecurity and Internet of Things (IoT) technologies. BlackBerry has also become a meme stock in recent years. Past Performance In early April of this year, BlackBerry posted a net loss of -$7.4 million for what was its Fiscal fourth quarter. While that was an improvement from a loss of -$56.2 million a year earlier, it showed the company remains unprofitable and continues to struggle financially. BlackBerry, which keeps its books in U.S. dollars, said its revenue for the quarter totaled $141.7 million, down 7% from $152.9 million in the same quarter a year earlier. Among its business units, the worst-performer was licensing, where revenue came in at $8.6 million, down 44% from $15.4 million in the same quarter of 2024. BB stock has declined 16% over the last five years and is now a penny stock, defined as any security that trades for less than $5 a share. Is BB Stock a Buy? BlackBerry's stock has a consensus Moderate Buy rating among three Wall Street analysts. That rating is based on one Buy and two Hold recommendations issued in the last three months. The average BB price target of $4.67 implies 8.10% upside from current levels.

Where Will iA Financial Be in 10 Years?
Where Will iA Financial Be in 10 Years?

Yahoo

timean hour ago

  • Yahoo

Where Will iA Financial Be in 10 Years?

Written by Jitendra Parashar at The Motley Fool Canada The financial sector has been leading the charge on the TSX over the last year, with iA Financial (TSX:IAG) emerging as one of the sector's top performers. After surging 66% in the last 12 months, iA stock now trades around $142 per share and has a market cap of $13.2 billion. At this price, it offers a 2.5% annualized dividend yield. This solid performance might be a reflection of the company's growing asset base, strong earnings momentum, and a business that's executing well across its insurance and wealth management segments. But with IAG stock now priced near all-time highs, the question is whether the company can maintain its current growth trajectory over the next decade. Let's take a closer look at iA Financial stock's key fundamental growth drivers and explore where it could be a decade from now. One big reason for the recent climb in iA Financial stock could be the stable demand for its life and health insurance solutions, as well as its growing wealth management presence. Even on the economic front, things have been supportive for financial stocks. Despite market volatility and concerns over U.S. tariffs and global trade tensions, the Canadian economy has held up reasonably well. iA's exposure to both Canadian and U.S. markets has enabled it to benefit from improving vehicle inventory levels and consumer affordability in the U.S., while also riding the wave of recovery in Canada's wealth and insurance sectors. In fact, its assets under management and administration reached over $264 billion by the end of the first quarter of 2025, reflecting a 15% YoY (year-over-year) jump. That's been a big confidence booster for iA Financial investors. In the first quarter, the financial firm's core earnings grew 19% YoY to $2.91 per share, suggesting that the business isn't just coasting on investor optimism but is also delivering real results. iA Financial recorded gains across all three of its key segments, including insurance, wealth management, and U.S. operations. Its wealth management segment especially performed exceptionally well, with record segregated fund sales surging by 52% from a year ago to cross $1.9 billion. Meanwhile, iA's U.S. operations showed impressive growth last quarter, with the segment's individual insurance sales jumping 62% YoY. And due to its disciplined approach, the company's capital base remains strong with a solvency ratio of 132% and $1.4 billion in capital. At its latest investor event held in February, iA Financial laid out ambitious but achievable goals. Interestingly, the company is targeting over 10% annual growth in earnings per share and an over 17% return on equity by 2027. Also, it expects to keep generating over $650 million in organic capital this year alone, preparing for expansion through smart acquisitions and investments. With its strong balance sheet, consistent dividend, and clear growth roadmap, iA Financial stock looks like more than just a short-term win. If it keeps executing like this, the stock could be trading at a significantly higher level a decade from now – making today's price look like a big bargain. The post Where Will iA Financial Be in 10 Years? appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Jitendra Parashar has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. 2025 Sign in to access your portfolio

2 Canadian Stocks That Could Turn $10,000 Into $100,000
2 Canadian Stocks That Could Turn $10,000 Into $100,000

Yahoo

timean hour ago

  • Yahoo

2 Canadian Stocks That Could Turn $10,000 Into $100,000

Written by Amy Legate-Wolfe at The Motley Fool Canada When markets feel uncertain, the idea of turning $10,000 into $100,000 sounds almost too good to be true. But every so often, certain stocks line up the right mix of growth potential, industry momentum, and financial strength to make it a real possibility. On the TSX, two Canadian stocks that stand out right now are Celestica (TSX:CLS) and ATS (TSX:ATS). Each brings something different to the table, but both could have the power to deliver serious long-term gains. Celestica is a global leader in electronics manufacturing and supply chain solutions. It works across industries such as aerospace, healthcare, and industrial equipment. While it's not a flashy tech stock, it has quietly become one of the most impressive turnaround stories on the TSX. Its recent earnings beat expectations, and the Canadian stock even raised its 2025 guidance. That's helped fuel a strong rally, with the stock climbing more than 30% in a single month following the announcement. The Canadian stock's recent quarterly results showed a continued increase in margins and revenue. With a market cap of about $20.7 billion, it still has room to grow. Celestica is benefiting from strong demand in its advanced technology segment and re-shoring trends as companies look to move manufacturing out of more volatile regions. As businesses invest in local, secure, and highly automated production, Celestica stands to gain. Over time, the power of compounding takes over. If Celestica were to grow at an average annual rate of 25% over the next decade, a $10,000 investment today could realistically be worth more than $93,000. Add in a few more strong quarters or an acquisition, and you're suddenly knocking on the door of that six-figure mark. Then there's ATS. This is a Canadian stock rooted in automation. It builds factory solutions for the life sciences, battery assembly, food and beverage, and clean tech sectors. With global companies racing to automate production and scale sustainable technology, ATS is in the right place at the right time. But its recent earnings report reminded investors that growth doesn't always happen in a straight line. ATS reported revenue of $2.5 billion for fiscal 2025, down 17% from the previous year. It also posted a loss of $0.70 per share, compared to a profit of $0.49 per share a year ago. The decline hit the Canadian stock hard. But despite the dip in revenue and earnings, ATS continues to generate strong adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) and maintains a solid backlog of future work. It's also worth considering the starting point. With a market cap around $4.1 billion, ATS still falls in the mid-cap range, leaving plenty of room for a multi-bagger move. If the Canadian stock returns to consistent double-digit revenue growth and improves margins, it could easily see its valuation rise dramatically over the next five to ten years. Of course, no Canadian stock is a sure thing. Celestica operates in a competitive space and depends on supply chain stability. ATS is exposed to cycles in capital investment and has work to do to regain investor trust. Yet both companies are backed by real demand, strong leadership, and smart positioning to benefit from key global trends. For investors with patience, a bit of risk tolerance, and a long-term mindset, these two Canadian stocks might just be the kind that can turn a $10,000 investment into something much bigger. It won't happen overnight, but with the right moves and a little market tailwind, the math makes sense. And in today's market, that kind of potential is worth a second look. The post 2 Canadian Stocks That Could Turn $10,000 Into $100,000 appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Amy Legate-Wolfe has no position in any of the stocks mentioned. The Motley Fool recommends ATS Corp. The Motley Fool has a disclosure policy. 2025 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store