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    Dundee Acquires Additional Interest in Eagle Hill Exploration Through Private Placement

    Teresa Matich
    May. 09, 2014 10:43AM PST
    Gold Investing

    Dundee Corporation (TSX:DCA) has acquired in a private placement, 20,000,000 units of Eagle Hill Exploration Corporation (TSXV:EAG) for $0.05 per unit. Each unit consists of one common share in Eagle Hill’s capital and one common share purchase warrant.

    Dundee Corporation (TSX:DCA) has acquired in a private placement, 20,000,000 units of Eagle Hill Exploration Corporation (TSXV:EAG) for $0.05 per unit. Each unit consists of one common share in Eagle Hill’s capital and one common share purchase warrant.

    As quoted in the press release:

    When aggregated with Dundee’s existing position in Eagle Hill, Dundee now owns or controls 140,494,910 Shares and Warrants exercisable for the purchase of 51,173,000 Shares representing an approximate 30.0% interest on an undiluted basis and 36.9% on a partially diluted basis.

    Click here to read the Dundee Corporation (TSX:DCA) press release

    See this press release on Marketwire

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