Dundee Corp. sold 500,000 common shares of Dundee Precious Metals Inc. in a private deal for C$2.5 million.

The deal saw Dundee Corp. cut its stake in Dundee Precious Metals to approximately 19.99% from 20.27%.

Separately, Dundee Corp. sold its series A preferred stock and warrants to acquire common shares in Red Leaf Resources Inc. for about C$9.2 million.