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Dundee Precious Metals Inc.

09:47 AM EST - Dundee Precious Metals Inc. : and Dunav Resources Ltd. announced the completion of the acquisition by Dunav of DPM's 100% interest in the Tulare copper and gold project, the Surdulica molybdenum project, and other early stage projects located in Serbia (hereinafter referred to as the "Serbian Projects"). As previously announced Dunav, having met the minimum equity financing of $10 million ($16,725,968 was raised) and the revised minimum expenditures of $1 million on the Serbian Projects, notified DPM of its decision to exercise the option to acquire the Serbian Projects. Dundee Precious Metals Inc. shares T.DPM are trading up $0.03 at $8.49.