Dundee Precious Metals is a Canadian-based international mining company engaged in the acquisition, exploration, development, mining and processing of precious metal properties. Our current operations are in Namibia and Bulgaria, with exploration in Armenia, Bulgaria and Serbia.Dundee Precious Metals Inc., a gold mining company, engages in the acquisition, exploration, development, mining, and processing of precious metals.The Company is committed to creating shareholder value in a safe and socially responsible manner through a disciplined but opportunistic business model and to maintaining strong financials at all times. Maximizing the value of our existing operating assets through exploration, development and optimizing their operational output is a key component of our strategy. To that end, DPM has assembled and continues to grow a pipeline of mining and processing projects at various stages of development that will ultimately serve to fuel further growth.Dundee Precious Metals Inc. is a Canadian based, international gold mining company engaged in the acquisition, exploration, development, mining and processing of precious metals.

DPM’s principal subsidiaries include:

• Dundee Precious Metals Chelopech (Chelopech), which owns and operates a gold, copper and silver mine located east of Sofia, Bulgaria;
• Dundee Precious Metals Krumovgrad (Krumovgrad), focused on the development of a gold property located in Krumovgrad in south eastern Bulgaria; and
• Dundee Precious Metals Tsumeb (Tsumeb), which owns and operates the company’s concentrate processing facility located in Tsumeb, Namibia.

For over 20 years DPM was a closed end fund with 75% of its investments in the gold mining industry. In September of 2003, after an extensive due diligence, DPM acquired two gold assets in Bulgaria: Chelopech, a producing gold mine and Krumovgrad, currently a feasibility stage gold project. With the approval of its shareholders, DPM finalized its conversion into a gold mining company in April of 2004, with the Bulgarian assets as the initial platform for its operating activities.