Canada-based international gold mining company Dundee Precious Metals (DPM) has invested C$10-million in Ecuador-focused INV Metals, which is advancing the Loma Larga project.
DPM’s investment, which formed part of a C$15.6-million private placement at C$0.40 a share, has turned the company into a strategic shareholder in INV, representing a 19.5% equity interest.