THETFORD MINES, QUEBEC, November 7, 2025 – TheNewswire - Dundee Sustainable Technologies Inc. (“DST” or the “Corporation”) (CSE: DST). On May 23, 2025, 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. These include $20 million in loans and $5.7 million in a convertible debenture. As of the date of this news release, DST has reached an agreement to settle its outstanding obligation for the portion corresponding to the convertible debenture.

 

This agreement was completed in accordance with the original terms and conditions, under which Dundee Corporation (“DC”) acted as guarantor for DST’s convertible debenture. As a result of this settlement, DST is now discharged from its financial obligation in relation to the convertible debenture. The Corporation remains committed to achieving a comprehensive solution that supports long-term stability.

 

“We are pleased to have resolved this portion of our financial commitments,” said Jean-Philippe Mai, CEO of DST. “This agreement represents meaningful progress toward our goal of restoring financial flexibility and ensuring the sustainability of our business.”

 

DST will provide further updates as additional agreements are finalized.

 

About Dundee Sustainable Technologies

The Corporation is engaged in the development and commercialisation 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 mineralised material, concentrates and tailings, while stabilising contaminants such as arsenic, which could not otherwise be extracted or stabilised 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.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

 

Mr. Jean-Philippe Mai

President and CEO

Dundee Sustainable Technologies Inc.

Tel: (514) 866-6001 # 228

info@dundeetechnologies.com

FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements that address future events and conditions, which are subject to various risks and uncertainties. Actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Corporation’s control. These factors include general market and industry conditions, risks related to continuous operations and to commercialization of new technologies and other risks disclosed in the Corporation's filings with Canadian Securities Regulators.

Forward-looking statements are based on the expectations and opinions of the Corporation's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.