DC News

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.”

Dakota Gold shares are trading lower by 8.5% during Friday's session. The stock is down following the announcement and pricing of a $35 million common stock offering.