Dundee Precious Metals Announces Voting Results from 2020 Annual Meeting of Shareholders

Dundee Precious Metals Inc. (TSX: DPM)

 (the “Company” or “DPM”) is pleased to announce the voting results from its Annual General Meeting of shareholders which was held via live audio webcast on Thursday, May 7, 2020. A total of 109,543,585 common shares were voted at the meeting, representing approximately 61% of the outstanding common shares. Shareholders voted in favour of all items of business before the meeting, as follows:

Election of Directors

The shareholders elected each of the nine nominees listed in the Company’s management information circular. Details of the voting results are set out below:

Name	Votes in Favour		% For		Votes Withheld		% Withheld
R. Peter Gillin	93,498,322	90.59		9,708,882		9.41
Jonathan Goodman	96,878,340	93.87		6,328,864		6.13
Jeremy Kinsman	92,928,539	90.04		10,278,665		9.96
Juanita Montalvo	102,808,128	99.61		399,076		0.39
Peter Nixon	91,079,726	88.25		12,127,478		11.75
David Rae	102,894,075	99.70		313,129		0.30
Marie-Anne Tawil	102,808,297	99.61		398,907		0.39
Anthony P. Walsh	102,880,652	99.68		326,552		0.32
Donald Young	93,498,322	90.59		9,708,882		9.41

Appointment of Auditors

PricewaterhouseCoopers LLP was appointed as auditor of the Company and the directors of the Company were authorized to fix the remuneration of the auditors. Details of the voting results are set out below:

	Total Votes		% of Votes Cast
Votes in Favour	109,384,390	99.85
Votes Withheld	159,195	0.15
Total Votes Cast	109,543,585	100

Advisory Say on Pay Vote

The advisory resolution was passed at the meeting, demonstrating significant shareholder support for the  Company’s approach to compensation. Details of the voting results are set out below:

	Total Votes	% of Votes Cast
Votes in Favour	100,782,970	97.65
Votes Against	2,424,234	2.35
Total Votes Cast	103,207,204	100

About Dundee Precious Metals Inc.

Dundee Precious Metals Inc. is a Canadian based, international gold mining company engaged in the acquisition of mineral properties, exploration, development, mining and processing of precious metals. The Company's operating assets include the Chelopech operation, which produces a gold-copper concentrate containing gold, copper and silver and a pyrite concentrate containing gold, located east of Sofia, Bulgaria; the Ada Tepe operations, which produces a gold concentrate containing gold and silver, located in southern Bulgaria; and the Tsumeb smelter, a complex copper concentrate processing facility located in Namibia. DPM also holds interests in a number of developing gold and exploration properties located in Canada, Serbia and Ecuador, including its 10.3% interest in Sabina Gold & Silver Corp. and its 19.4% interest in INV Metals Inc.

For further information please contact:

David RaePresident and Chief Executive OfficerTel: (416) [e-mail]

Jennifer CameronDirector, Investor RelationsTel: (416) [e-mail]