Dundee Sustainable Technologies Inc. Development in Fertilizer Business

Dundee Corporation (TSX:DC.A) is pleased to announce that its approximately 86%
controlled subsidiary, Dundee Sustainable Technologies Inc. ("DST" or the
"Corporation") (CSE:DST), the developer and owner of proprietary technologies to
serve the natural resource sector with environmentally friendly procedures, is
announcing its commitment in the fertilizer business.


DST has obtained patents for the production of sulfate based fertilizers. These
processes are providing a new way to the industry of producing potassium sulfate
("SOP" or K2S04) and potassium magnesium sulfate ("SOPM" or K2SO4.2MgSO4). Both
products are accompanied by the production of salable hydrochloric acid as a
by-product.


Sulfate based fertilizers are applied at sowing time, where ions are adsorbed in
the soil and remain available and protected against leaching. The growing need
to do more with less, and the sulfur deficiency in particular crops have led to
an increase use of sulfate based fertilizers, while excess use of chloride based
fertilizers (potassium chloride or "potash") reduces nutrient uptake and yield
quantities, water soluble sulfate fertilizers such as SOP and SOPM are the most
effective for growing crops.


The growing market for sulfate based fertilizers along with depleting natural
sources of chloride-free potassium creates a great opportunity for DST to
develop its patented processes.


DST has analyzed a project to build a plant for the production of SOP using
potash and sulfuric acid. Moreover, DST has received interest from a North
American distributor that is ready to market the production of 50,000 tonnes per
year of SOPM and could also be interested in SOP.


Market

The current market conditions and specific demands from the fertilizer market
are opening a window of opportunities to launch projects that would lead to the
construction of fertilizer plants. DST's technology allows for SOP and SOPM to
be produced below current market price with profit margins preliminary estimated
at $410 per tonne for SOP and $225 per tonne for SOPM. 


The National Research Council of Canada granted DST a $50,000 subsidy for the
assessment of its fertilizer technology. 


About Dundee Sustainable Technologies, a company controlled by Dundee Corporation

The cyanide and mercury free gold extraction process developed by DST, has been
recognized as a "green technology" for which DST has been awarded $5,700,000 in
grants to date for a demonstration plant, presently under construction in
Thetford Mines Quebec of which $700,000 has been provided by the Government of
Quebec and $5,000,000 by the Government of Canada through the Sustainable
Development Technology Fund. The plant is scheduled to go into operation in
mid-January 2015.


Over the last ten years DST has tested over 50 different gold deposits, both
oxide and sulfide ores at the lab level and at its pilot plant. These tests
have, consistently achieved gold recoveries in excess of 90%, using chlorination
instead of cyanide. In addition, the tailings from the process are inert from
toxic substances and as result meet environmental norms. An engineering study
completed within the last 12 months supports DST's claim of having operated a
pilot plant showing a gold extraction yield higher than 90% using a
closed-circuit chlorination process.


ABOUT DUNDEE CORPORATION 

Dundee is a public Canadian independent holding company listed on the Toronto
Stock Exchange under the symbol "DC.A". Through its operating subsidiaries,
including its newly created London-based Merchant Bank, Dundee is engaged in
diverse business activities in the areas of its core competencies including
investment advisory and corporate finance, energy, resources, agriculture, real
estate and infrastructure. Dundee also holds, directly and indirectly, a
portfolio of investments mostly in these core focus areas, as well as other
select investments in both publicly listed and private companies.


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: results of exploration activities, general market and industry
conditions, 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. Depending on exploration results and
available financing, the Corporation may at any point modify its work program.


The Canadian Securities Exchange has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved the contents of
this press release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Dundee Corporation
Ned Goodman
President and Chief Executive Officer
[phone]