Dundee Sustainable Technologies Settles Convertible Debenture Obligation
THETFORD MINES, QUEBEC — November 7, 2025 — Leads & Copy — Dundee Sustainable Technologies Inc. (DST) has reached an agreement to settle its outstanding obligation for the portion corresponding to a convertible debenture, the company announced today.
The agreement, completed in accordance with the original terms and conditions, discharges DST from its financial obligation in relation to the convertible debenture. Dundee Corporation (DC) acted as guarantor for DST’s convertible debenture.
In May, DST provided an update on the status of certain loans and convertible debentures held by the Corporation that reached their maturity date on May 15, 2025, without repayment, including $20 million in loans and $5.7 million in a convertible debenture.
The Corporation remains committed to achieving a comprehensive solution that supports long-term stability. Jean-Philippe Mai, CEO of DST, said the agreement represents meaningful progress toward restoring financial flexibility and ensuring the sustainability of its business.
DST will provide further updates as additional agreements are finalized.
Dundee Sustainable Technologies Inc. is engaged in the development and commercialization of environment-friendly technologies for the treatment of materials in the mining industry. Through the development of patented, proprietary processes, DST extracts precious and base metals from mineralized material, concentrates and tailings, while stabilizing contaminants such as arsenic, which could not otherwise be extracted or stabilized with conventional processes because of metallurgical issues or environmental considerations.
DST has filed, published and was granted patents for the GlassLock Process™ and CLEVR Process™ in numerous countries.
Mr. Jean-Philippe Mai
President and CEO
Dundee Sustainable Technologies Inc.
Tel: (514) 866-6001 # 228
info@dundeetechnologies.com
Source: Dundee Sustainable Technologies Inc.
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