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Dundee Corporation Closes Sale of Blue Goose Subsidiary

TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) is pleased to announce that its approximately 88%-owned subsidiary, Blue Goose Capital Corp. (“BGCC”) has closed the previously announced sale of the shares (the “Transaction”) of The Blue Goose Cattle Company Ltd. (“BG Cattle”). The gross proceeds from the Transaction will be used by BGCC to repay existing indebtedness of approximately $39 million, certain indebtedness owing to Dundee, closing and other costs. Read More

from Financial Post https://ift.tt/3m55Xx6
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