Dynacor Group Achieves TSX30 2024 Ranking FOR Outstanding Performance ON the TSX Exchange IN Toronto, Canada
DYNACOR GROUP ACHIEVES TSX30 2024 RANKING FOR OUTSTANDING
PERFORMANCE ON THE TSX EXCHANGE IN TORONTO, CANADA
Montreal, September 11, 2024 – Dynacor Group Inc (TSX -DNG) (Dynacor or the
Corporation), has distinguished itself by reaching the 27th position on the TSX30 2024
ranking, which recognizes the 30 best-performing companies over a three-year period on
the Toronto Stock Exchange in Canada.
"We are proud to announce that Dynacor Group has been listed on the TSX30 2024. This
important achievement in Dynacor's history recognizes the growth of our company over
the past few years," said Jean Martineau, President and CEO of Dynacor.
According to Mr. Martineau, joining the TSX30 2024 not only underscores the value
Dynacor offers its shareholders, but also recognizes the commitment, determination and
resilience of the corporation's employees, who adapt and thrive in changing and volatile
markets.
"We will continue to drive our strategic vision , with dedication and integrity, and deliver
exceptional value to our shareholders. In addition, we will continue to support sustainability
initiatives with shared value with our stakeholders," said Dynacor's President and CEO.
Over the past three years (June 30, 2021 – June 30, 2024) , Dynacor has enjoyed
exceptional growth, with a 136% increase in share price and a 101% increase in market
capitalization over the same period.
Importance of the TSX30 2024 list
The TSX30 of 2024 represent a combined market capitalization of US$380 billion, an
increase of over 50% (US$210 billion) in just three years , demonstrating the significant
value creation of large TSX-listed companies for the Canadian economy.
This ranking, established since 2019, shows that investors are increasingly focusing on
value investing, with a preference for companies with strong cash flows and reliable
dividends. This trend reflects the appeal of stable, cash-generating companies in a volatile
market.
The TSX30 2024 is dominated by three sectors: oil & gas, industrial products & services
and mining , which account for 25 of the 30 issuers on the list. This significant
representation reflects the interdependent nature of these industries and their ongoing
contributions to Canada's economic development.
Veta Dorada
Through its subsidiary Veta Dorada, Dynacor now ranks among Peru's top 10 gold
producers.
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 environmentally 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: 36,404,506
Website: http://www.dynacor.com
Twitter: http://twitter.com/DynacorGold
For more information, please contact:
Dynacor Group Inc.
T: 514-393-9000 #232