DPM Mergers

Dundee Precious Metals Announces Overwhelming Shareholder Approval for Acquisition of Adriatic Metals and Name Change

Published August 13, 2025 at 05:17 PM

TORONTO, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM”) is pleased to announce the voting results from its special meeting (the “Meeting”) of DPM shareholders (“Shareholders”) held at 10:00 a.m. (Toronto time) on August 13, 2025. At the Meeting, Shareholders voted to approve both (i) the issuance (the “Share Issuance”) of common shares of DPM (“DPM Shares”) in connection with DPM’s proposed acquisition (the “Acquisition”) of the issued and to be issued ordinary shares of Adriatic Metals plc (“Adriatic”), to be effected by way of a scheme of arrangement (the “Scheme”) under Part 26 of the Companies Act, and (ii) an amendment to the articles of DPM to change the name of DPM (the “Name Change”) to “DPM Metals Inc.” or such other name as the board of directors of DPM, in its sole discretion, may approve, subject to approval by the applicable regulatory authorities.

Related Questions

What are the terms of the acquisition, including purchase price and share exchange ratio? How does this acquisition compare to recent deals in the precious metals sector in terms of valuation multiples? What are the potential integration challenges and how will they be managed? How many new DPM shares will be issued and what will be the dilution impact on existing shareholders? What is the expected timeline for completing the scheme of arrangement and closing the acquisition? What financing, if any, will be required to fund the acquisition and how will it affect DPM's balance sheet? What are the anticipated synergies and cost savings from combining DPM with Adriatic Metals? How does the acquisition affect DPM's projected earnings per share and cash flow forecasts? What regulatory approvals are still pending and what are the risks of delays or rejection? How will the name change to "DPM Metals Inc." impact brand perception and investor sentiment? What is the market's reaction to the announcement (pre‑ and post‑release stock price movement)? Will the acquisition affect DPM's dividend policy or share buyback plans?