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Today acknowledged receipt of notice from Osino Resources Corp. that a foreign-based mining company has made a binding proposal to acquire all of the issued and outstanding common shares of Osino for a purchase price of C$1.90 per share payable in cash. Osino has further advised DPM that its board of directors has determined that the New Proposal constitutes a โSuperior Proposalโ as defined in the arrangement agreement between DPM and Osino dated December 17, 2023. Dundee Precious Metals Inc. shares T.DPM are trading up $0.76 at $9.00.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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