Press Release – DUNDEE PRECIOUS METALS INC. Quotes:( DPM )
Wednesday, August 23, 2006 2:03:00 PM EST
Toronto, August 23, 2006 – Dundee Precious Metals Inc. (DPM – TSX) (“Dundee Precious”, “DPM” or “the Company”) is pleased to announce that it has completed the transaction previously announced on August 10, 2006, with Vatrin Investment Limited (“Vatrin”) with respect to the acquisition of 80% of the Kapan Mining Project, located in Southern Armenia, for US$22 million, plus an additional US$10 million investment commitment for mine expansion.
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