• Dundee Corporation swung to a net loss attributable to owners of CAD 6.7 million, or CAD 0.07 per diluted share, from earnings of CAD 24.5 million a year earlier.
• Net loss from portfolio investments widened to CAD 71.6 million from income of CAD 28.1 million, driven by fair value declines of CAD 28 million in New Found Gold and CAD 31.1 million in Magna Mining.
• Mining investments segment posted a pre-tax loss of CAD 18.5 million versus earnings of CAD 29.8 million, partly offset by a CAD 47.5 million gain on sale of a net smelter royalty on Borborema for CAD 65.8 million.
• Closed an CAD 85 million earn-in and joint-venture agreement with Westhaven, committing to fund at least CAD 30 million by Feb. 20, 2029 to earn an initial 25% interest, with first interest expected in late 2026 or early 2027.
• CEO Jonathan Goodman said the quarter marked a “meaningful step” toward deeper technical involvement, more direct project ownership, and potential future operatorship, citing no parent-level debt and a strong capital base.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dundee Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605121732PRIMZONEFULLFEED9718989) on May 12, 2026, and is solely responsible for the information contained therein.