The company will offer to shareholders of record on Nov. 28, 2023, rights to purchase common shares of the company, whereby 0.337167854796804 of one right will be issued for each share held. One right and 12 cents are required to purchase one share. The expiry date for the rights offering is Dec. 22, 2023, at 5 p.m. Toronto time. As at Nov. 21, 2023, the company had 97,874,099 shares issued and outstanding.

Effective at the opening, Monday, Nov. 27, 2023, the shares will trade ex rights and the rights will commence trading at that time on a when-issued basis. The company is classified as a gold/mineral exploration company.

Summary

Basis of offering:  For every share held, shareholders will receive 0.337167854796804 of one right. One right is exercisable for one share at 12 cents per share.

Record date:  Nov. 28, 2023

Shares trade ex rights:  Nov. 27, 2023

Rights called for trading:  Nov. 27, 2023

Rights trade for cash:  Dec. 20, 2023

Rights expire:  Dec. 22, 2023 (5 p.m. Toronto time)

Halt and delist:  The rights will be halted at 12 p.m. Toronto time on Dec. 22, 2023, and delisted at the market close. Trading in the rights shall be for cash for the two trading days preceding the expiry date and for cash same day on the expiry date.

Trade dates:  Dec. 20, 2023, to settle Dec. 21, 2023; Dec. 21, 2023, to settle Dec. 22, 2023; Dec. 22, 2023, to settle Dec. 22, 2023

Trading symbol of rights:  DCMC.RT

Cusip No. of rights:  25821T 11 8

Subscription agent and trustee:  Computershare Investor Services Inc.

Authorized jurisdictions:  all provinces and territories in Canada

For further details, please refer to the company's news release dated Nov. 21, 2023, and the rights offering circular dated Nov. 21, 2023, which is available on SEDAR+.