Dundee Corporation Sells Investment Management Business to Next Edge Capital

The sale aligns with Dundee's core strategy to streamline operations and focus on long-term investment opportunities.

Dundee Corporation has entered into a definitive agreement to sell its investment management business operated through Goodman & Company to Next Edge Capital.
The transaction is part of Dundee's strategy to focus on its core investment activities and rationalize its cost structure.
Next Edge Capital will become the investment fund manager and portfolio manager for CMP 2023 Resource Limited Partnership and Dundee Global Fund post-transaction.
The deal is subject to regulatory approval and the approval of unitholders of CMP 2023 and shareholders of Dundee Global Fund at a special meeting.
Dundee aims to capitalize on future investment and growth opportunities following the sale, benefiting its shareholders.