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Dundee Corporation: Dundee Corporation Acquires Further Interest in Breakwater Resources Ltd.
TORONTO, ONTARIO (MARKET WIRE) Dundee Corporation (TSX: DC.A)(TSX: DC.PR.A) announced today that it has indirectly acquired through a wholly owned subsidiary 6,122,449 flow through common shares of Breakwater Resources Ltd. ("Breakwater") at $1.96 per share, in a private transaction, which represents an approximate 1.09% interest in Breakwater. Following this transaction, Dundee Corporation will own, directly and indirectly, an aggregate of 108,002,510 common shares, representing an approximate 25.37% interest in Breakwater.