Dundee Corporation Sells Majority of Stake in New Found Gold
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Dundee Corporation announced the sale of a significant portion of its stake in New Found Gold, reducing its ownership from 10.8% to 3.6% undiluted, and from 12.8% to 5.7% partially diluted. The transaction, closing on December 16, 2025, provides Dundee with capital for redeployment. Dundee retains 12,242,569 shares and all warrants, and will no longer be subject to early warning disclosure unless holdings exceed 10%. Future adjustments depend on market conditions.
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