June 20 (Reuters) - Dundee Precious Metals Inc DPM.TO :
* Investment dealers, agreed to purchase, on a bought deal
basis, 15.8 million common shares at a price of C$3.00 per share
* Intends undertaking a non-brokered private placement of
840,000 shares of company at a price of C$3.00 per shar
* Plans to use net proceeds from offering, non-brokered
private placement to reduce drawdowns under revolver credit
facility
* DPM announces C$50 million bought deal financing
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Further company coverage: DPM.TO