Dundee Precious Metals Announces Renewal of Normal Course Issuer Bid

TORONTO, March 14, 2025 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (the “Company”) announced today that the Toronto Stock Exchange (“TSX”) accepted its notice of intention to renew its normal course issuer bid (the “New Bid”) to purchase certain of its common shares (“Shares”) through the facilities of the TSX. The Company commenced a normal course issuer bid (the “Previous Bid”) on March 18, 2024, which will terminate on March 17, 2025. Under the Previous Bid, the Company sought and obtained approval to purchase up to 15.5 million Shares, representing approximately 9.8% of its public float as of March 6, 2024. As of February 28, 2025, the Company has repurchased 11,028,569 Shares under the Previous Bid through the TSX or other alternative trading systems or by such other means as permitted by the TSX and applicable Canadian Securities laws, at a weighted average price of US$9.57 (Cdn $13.51) per Share.

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