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Dundee Sustainable Technologies announces $900,000 Repayable Financial Contribution from Canada Economic Development for Quebec Regions

July 8, 2015

MONTREAL, QUEBEC, July 8, 2015 – Dundee Sustainable Technologies Inc. (“DST”) (CSE: DST) is pleased to announce that it entered into a Contribution Agreement from Canada Economic Development for Quebec Regions (“CED”) pursuant to which DST will receive a $900,000 repayable contribution (the “Contribution”).

The Contribution will be used by DST for the refurbishing and modernization of a concentrator (the “Project”) in Thetford Mines where DST has recently completed the construction of a demonstration plant to demonstrate at an industrial level its cyanide-free process for the extraction of precious metals from refractory ores.

Payments by CED will be made over of the term of the Project which must be completed at the latest on July 31, 2016.

The Contribution is non-interest bearing and is repayable.

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