TORONTO, ONTARIO--(Marketwire - Feb. 14, 2012) - In accordance with regulatory requirements, Dundee Corporation (TSX:DC-A.TO - News) announced today that it has acquired by private agreement 29,500,000 common shares ("Common Shares") of Eagle Hill Exploration Corporation ("Eagle Hill") at a price of $0.10 per Common Share. These holdings represent an approximate 19% ownership interest in Eagle Hill on an undiluted basis.
The position in Eagle Hill was acquired for investment purposes and may be increased or decreased in the future as considered appropriate in light of investment criteria, market conditions and other factors and in accordance with the provisions of applicable securities legislation.
Contacts
Ned Goodman
Dundee Corporation
President and Chief Executive Officer
(416) 365-5665
Lucie Presot
Dundee Corporation
Vice President and Chief Financial Officer
(416) 365-5157
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