TORONTO, ONTARIO--(Marketwire - June 11, 2012) - In accordance with regulatory requirements, Dundee Corporation (TSX:DC.A) announces that it has acquired in a private placement, 5,700,000 flow-through common shares ("Shares") of White Tiger Mining Corp. ("White Tiger") at an issue price of $0.16 per Share. The position held by Dundee Corporation represents an approximate 19.98% interest in White Tiger.

The position in White Tiger 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 Goodman
Dundee Corporation
President and Chief Executive Officer
(416) 365-5665

OR

Lucie Presot
Dundee Corporation
Vice President and Chief Financial Officer
(416) 365-5157