The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

Dundee Corporation Acquires Interest in Difference Capital Funding Inc.

Thursday, May 31, 2012

Dundee Corporation Acquires Interest in Difference Capital Funding Inc.14:43 EDT Thursday, May 31, 2012TORONTO, ONTARIO--(Marketwire - May 31, 2012) - In accordance with regulatory requirements, Dundee Corporation (TSX:DC.A) announces that it has acquired in a private placement, 16,666,667 common shares of Difference Capital Funding Inc. ("Difference Capital") at an issue price of $0.30 per common share. The position held by Dundee Corporation represents an approximate 19.19% interest in Difference Capital.The position in Difference Capital 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.FOR FURTHER INFORMATION PLEASE CONTACT: Ned GoodmanDundee CorporationPresident and Chief Executive Officer(416) 365-5665ORLucie PresotDundee CorporationVice President and Chief Financial Officer(416) 365-5157