12-08-2025
Strong Quarter for Dundee Corporation Includes Inaugural Royalty Revenue
TORONTO, Aug. 12, 2025 (GLOBE NEWSWIRE) — 'This quarter, we began recognizing revenue from our royalty interest in the Borborema Gold Project, signaling the start of a new, recurring revenue stream. While still early days, this milestone reflects tangible progress toward our strategy of building a more cash-generative business,' said Jonathan Goodman, President and Chief Executive Officer of Dundee Corporation. 'With recurring cash flow now beginning to support our core cost base, we are in a stronger position to allocate capital toward growth, which reinforces our ability to drive shareholder value.'
'Over the years, we've positioned ourselves to be liquid, flexible, and guided by a disciplined and technically grounded investment process. Our preparation and discipline allowed us to capitalize on key opportunities in the second quarter, including the backstopping of SPC Nickel's $3.5 million rights offering and participation in the private placements by Maritime Resources and Saturn Metals. After quarter end, we added to our position in Ausgold Limited by participating in a private placement to advance their compelling Katanning Gold Project.'