May 7 (Reuters) - Dundee Precious Metals Inc DPM.TO :
* DUNDEE PRECIOUS METALS ANNOUNCES EXPECTED BROADENING OF INSTITUTIONAL SHAREHOLDER BASE AND REDUCTION IN OWNERSHIP BY DUNDEE CORPORATION
* DUNDEE PRECIOUS METALS INC - DUNDEE CORPORATION TO SELL APPROXIMATELY HALF OF ITS HOLDINGS IN DPM IN ORDER TO PROVIDE FUNDING FOR DUNDEE CORP
* DUNDEE PRECIOUS METALS INC - IS NOT ISSUING ANY SHARES FROM TREASURY AND WILL NOT RECEIVE ANY PROCEEDS FROM TRANSACTION