Dundee Bancorp Inc. -- Announcement.TORONTO--(BUSINESS WIRE)--Aug. 10, 1998--Dundee Bancorp(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DBC See dBA. (language, parallel) DBC - A data-parallel bit-serial C based on MPL. SRC, Bowie MD. E-mail: <maya@super.org>. .A.) Dundee Bancorp Inc. (TSE:DBC.A) announced today that it has terminated its Letter of Intent with PMC (1) See Portable Media Center. (2) (PCI Mezzanine Card) A PCI-based mezzanine card that is widely adapted to VMEbus, CompactPCI and PCI cards. International Inc. (PMCI PMCI Petroleum Marketers and Convenience Stores of Iowa ) to acquire control of PMCI. Dundee has concluded that a license for the use of PMCI's products and services in Canada, or another similar arrangement, may better suit its business plan and strategic goals. Dundee and PMCI are discussing such an arrangement. Dundee Bancorp Inc. is a leading investment management firm which provides investment management and administrative services to Dundee Mutual Funds, closed-end funds, hedge funds, pension funds, institutional accounts and private individuals. Dundee is also engaged in securities brokerage, corporate finance, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and advisory services to corporations and individuals, as well as merchant banking for its own account.
CONTACT: Dundee Bancorp Inc.
Ray Benzinger, 416/365-5113
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