Dundee Corporation Sells Borborema Gold Project Royalty for $45 Million

Reuters01-22
Dundee Corporation Sells Borborema Gold Project Royalty for $45 Million

Dundee Corporation has completed the sale of its royalty on the Borborema Gold Project to Gold Royalty Corp. for a total purchase price of US$45 million, consisting of US$30 million in cash and US$15 million in common shares of Gold Royalty Corp. The company states this transaction strengthens its balance sheet and supports its strategy to generate sustainable future cash flow through mining operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dundee Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9630114-en) on January 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment