Dynacor Declares August 2022 Monthly Dividend
DYNACOR DECLARES AUGUST 2022 MONTHLY DIVIDEND
Montreal, July 27, 2022, Dynacor Group Inc. (TSX: DNG) (Dynacor or the Corporation) announced
its monthly dividend. The declaration of a dividend payment of C$0.0 083 per common share will be
payable on August 19, 2022, to shareholders of record as of the close of business on August 9, 2022.
This dividend represents the twenty-ninth (29th) dividend and (19th) nineteenth monthly payment made
to shareholders.
The Corporation’s monthly dividend qualifies as an “eligible dividend” for Canadian income tax purposes.
The payment and increase of dividends are at the discretion of the Board and will depend on the
Corporation’s financial results, cash requirements, prospects and other factors deemed relevant by the
Board.
ABOUT DYNACOR
Dynacor is a dividend-paying industrial gold ore processor headquartered in Montreal, Canada. The corporation is engaged
in gold production through the processing of ore purchased from the ASM (artisanal and small-scale mining) industry. At present,
Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM
miners. It also owns a gold exploration property (Tumipampa) in the Apurimac department.
The corporation intends to expand its processing operations in other jurisdictions as well.
Dynacor produces environmental and socially responsible gold through its PX IMPACT® gold program. A growing number of
supportive firms from the fine luxury jewelry, watchmakers and investment sectors pay a small premium to our customer and
strategic partner for this PX IMPACT® gold. The premium provides direct investment to develop health and education projects
for our artisanal and small-scale miner’s communities.
Dynacor is listed on the Toronto Stock Exchange (DNG).
FORWARD-LOOKING INFORMATION
Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks,
uncertainties and other factors that may cause the actual results, performance or achievements of Dynacor, or industry results,
to be materially different from any future result, performance or achievement expressed or implied by such forward-looking
statements. These statements reflect management’s current expectations regarding future events and operating performance
as of the date of this news release.
Shares Outstanding: 38 822 577
Website: http://www.dynacor.com
Twitter: http://twitter.com/DynacorGold
CONTACT: For more information, please contact:
Director, Shareholder Relations
Dale Nejmeldeen
Dynacor Gold Mines Inc.
T: 514-393-9000 #230