DST Announces A Partial Settlement Of Financial Obligation

(TheNewswire)

THETFORD MINES, QUEBEC, November 7, 2025 – TheNewswire - Dundee Sustainable Technologies Inc.(“ DST ” or the “ Corporation ”) (CSE: DST). On May23, 2025, DST provided an update on the status of certain loans andconvertible debentures held by the Corporation that reached theirmaturity date on May 15, 2025, without repayment. These include $20million in loans and $5.7 million in a convertible debenture. As ofthe date of this news release, DST has reached an agreement to settleits outstanding obligation for the portion corresponding to theconvertible debenture.

This agreement was completed in accordance with the original terms andconditions, under which Dundee Corporation (“DC”) acted asguarantor for DST’s convertible debenture. As a result of thissettlement, DST is now discharged from its financial obligation inrelation to the convertible debenture. The Corporation remainscommitted to achieving a comprehensive solution that supportslong-term stability.

“We are pleased to have resolved this portion of our financialcommitments,” said Jean-Philippe Mai, CEO of DST. “This agreementrepresents meaningful progress toward our goal of restoring financialflexibility and ensuring the sustainability of our business.”

DST will provide further updates as additional agreements arefinalized.

About Dundee Sustainable Technologies

The Corporation is engaged in the development and commercialisation ofenvironment-friendly technologies for the treatment of materials inthe mining industry. Through the development of patented, proprietaryprocesses, DST extracts precious and base metals from mineralisedmaterial, concentrates and tailings, while stabilising contaminantssuch as arsenic, which could not otherwise be extracted or stabilisedwith conventional processes because of metallurgical issues orenvironmental considerations.

DST has filed, published and was granted patents for the GlassLockProcess™ and CLEVR Process™ in numerous countries.

FOR FURTHER INFORMATION PLEASECONTACT:

Mr. Jean-Philippe Mai

President and CEO

Dundee Sustainable Technologies Inc.

Tel: (514) 866-6001 # 228

[email protected]

FORWARD LOOKING STATEMENTS: This press release containsforward-looking statements that address future events and conditions,which are subject to various risks and uncertainties. Actual resultscould differ materially from those anticipated in such forward-lookingstatements as a result of numerous factors, some of which may bebeyond the Corporation’s control. These factors include generalmarket and industry conditions, risks related to continuous operationsand to commercialization of new technologies and other risks disclosedin the Corporation's filings with Canadian SecuritiesRegulators.

Forward-looking statements are based on theexpectations and opinions of the Corporation's management on thedate the statements are made. The assumptions used in the preparationof such statements, although considered reasonable at the time ofpreparation, may prove to be imprecise and, as such, undue relianceshould not be placed on forward-looking statements. The Corporationexpressly disclaims any intention or obligation to update or reviseany forward-looking statements whether as a result of new information,future events or otherwise, except as required by applicable law.

Neither the CSE nor its RegulationServices Provider (as that term is defined in the policies of the CSE)accepts responsibility for the adequacy or accuracy of thisrelease.

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