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Dynacor Group Declares February 2025 Dividend

Corporate Actions

Dynacor Group Declares February 2025 Dividend

Montreal, January 28, 2025 - Dynacor Group Inc. (TSX: DNG) ( "Dynacor" or the

"Corporation") announced its monthly dividend payment for February 2025 in the amount of C$0.01333

per common share which will be payable on February 18, 2025, to shareholders of record as of the close

of business on February 10, 2025. This dividend represents the fifty-ninth (59th) dividend and forty-ninth

(49th) monthly dividend 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. 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, watchmaker 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 trades on the Toronto Stock Exchange under the ticker DNG and is ranked on the 2024 TSX30.

The TSX30 is an annual ranking of the 30 top-performing companies on Toronto Stock Exchange (TSX)

over a three-year period.

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.

Contact:

For more information, please contact:

Ruth Hanna

Director, Investor Relations

T: 514-393-9000 #236

E: [email protected]

Website: http://www.dynacor.com