TSX: DEN
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Dundee Energy Limited Announces Director Resignation

February 26, 2014

TORONTO, ONTARIO--(Marketwired - Feb. 26, 2014) - Dundee Energy Limited ("Dundee Energy" or the "Company") (TSX:DEN) announces that Ned Goodman has resigned as a director of the Company. The board of directors of Dundee Energy would like to thank Mr. Goodman for his contribution to the Company. Mr. Goodman's replacement will be announced following the next meeting of the Company's board.

ABOUT THE COMPANY

Dundee Energy Limited is a Canadian-based oil and natural gas company with a mandate to create long-term value for its shareholders through the exploration, development, production and marketing of oil and natural gas, and through other high impact energy projects. Dundee Energy holds the largest accumulation of producing oil and gas assets in Ontario, and indirectly holds a 24.6% interest in the Castor offshore underground natural gas storage facility in Spain. The Company's common shares trade on the Toronto Stock Exchange under the symbol "DEN".

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