Dundee Precious Metals Announces it will Not Submit a Revised Offer in Response to Superior Proposal Notice from Osino Resources
TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or the “Company”) today acknowledged receipt of notice from Osino Resources Corp. (“Osino”) that a foreign-based mining company (the “Offeror”) has made a binding proposal to acquire all of the issued and outstanding common shares of Osino for a purchase price of C$1.90 per share payable in cash (the “New Proposal”). Osino has further advised DPM that its board of directors has determined that the New Propos