Dynacor Declares June 2023 Dividend
DYNACOR DECLARES JUNE 2023 DIVIDEND
Montreal, May 25, 2023, Dynacor Group Inc. (TSX: DNG) (Dynacor or the Corporation) announced
its monthly dividend for June 2023. The declaration of a dividend payment of C$0.01 per common share
will be payable on June 16, 2023, to shareholders of record as of the close of business on June 8, 2023.
This dividend represents the thirty-ninth (39 th) dividend and twenty-ninth (29 th) 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: 38,428,048
Website: http://www.dynacor.com
Twitter: http://twitter.com/DynacorGold
CONTACT: For more information, please contact: