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Dundee Sustainable Technologies enters into an Agreement with the Government of the Province of San Juan for the Implementation of Green Metallurgical Technologies in Argentina

  September 30, 2014

MONTREAL, QUEBEC, September 30, 2014 – Dundee Sustainable Technologies Inc. (“DST”) (CSE: DST) the developer and owner of proprietary technologies to serve the natural resource sector with environmentally friendly procedures, is pleased to provide further information on its progress to date.

Following the visit at DST’s plant in Thetford Mines by the Minister of Mines of the Province of San Juan, Argentina (the “Province”) and representatives of the University of San Juan, a Memorandum of Understanding was concluded between the government of the Province of San Juan, and DST that is represented in Argentina by San Juan Mining S.A., in view of implementing DST proprietary cyanide-free technologies. 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 parties have agreed, amongst other, on the installation in the Province of San Juan of a laboratory and a pilot plant, as well as the technical training of local people and the development of the infrastructure required for the implementation and use of the environmentally friendly technologies, including the treatment of arsenic.

The Memorandum of Agreement will be ratified on October 27, 2014 in San Juan by the Governor of the Province of San Juan, the Dean of the University of San Juan and DST.

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