Dundee Precious Metals Announces Streamlined Senior Management Structure
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DUNDEE PRECIOUS METALS ANNOUNCES STREAMLINED
SENIOR MANAGEMENT STRUCTURE
Toronto, Ontario, May 13, 2019 – Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”)
announced changes to the executive team at its Annual Meeting of Shareholders held on Friday, May
10, 2019 that will support the implementation of the Company’s strategy.
The central feature of this change is the creation of a core executive team composed of the President
and Chief Executive Officer, Rick Howes; Executive Vice President and Chief Financial Officer , Hume
Kyle; Executive Vice President and Chief Operations Officer , David Rae; Executive Vice President,
Corporate Development , Michael Dorfman; and Executive Vice President, Corporate Affairs and General
Counsel, Kelly Stark-Anderson.
The new structure also provi des for the upcoming retirements of Senior Vice President, Projects , John
Lindsay and Senior Vice President, Corporate Services , Paul Proulx.
“In recent years o ur senior team was structured to support the diverse and complex needs of our
business, which in many respects are more typical of a larger organization. We would like to thank John
and Paul for their many contributions to the Company’s success ” stated Rick Howes, President and CEO.
“As a result of the progress we have made, we now see an opportunity to streamline our senior team to
support enhanced decision making and greater alignment of functions ,” With our Krumovgrad ramp-up
on track for commercial production in the second quarter , and a strong management team in place to
further execute the Company’s strategy , we are well positioned to further drive growth and shareholder
value”.
DPM will continue to leverage its operating expertise in the mining s ector to further optimize its existing
assets, drive innovation, and support growth. The allocation of capital will be based on a disciplined
framework that balances the reinvestment of capital with building financial strength, and returning capital
to shareholders . Other strategic areas including exploration and sustainability will continue to play a
central role within the Company and will be better aligned within the new organizational structure.
About Dundee Precious Metals
Dundee Precious Metals Inc. is a Canadian base d, international gold mining company engaged in the
acquisition of mineral properties, exploration, development, mining and processing of precious metals. The
Company's operating assets include the Chelopech operation, which produces a gold-copper concentrate
containing gold, copper and silver and a pyrite concentrate containing gold, located east of Sofia, Bulgaria;
the Krumovgrad project, which produces a gold concentrate containing gold and silver, located in southern
Bulgaria; and the Tsumeb smelter, a complex copper concentrate processing facility located in Namibia.
DPM also holds interests in a number of developing gold and exploration properties located in Canada and
Serbia, and its 10.3% interest in Sabina Gold & Silver Corp.
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For further information, please contact:
DUNDEE PRECIOUS METALS INC.
Rick Howes
President and
Chief Executive Officer
Tel: (416) 365-2836
Janet Reid
Manager, Investor Relations
Tel: (416) 365-2549