10:59:58 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Dynacor Group Inc
Symbol DNG
Shares Issued 36,525,356
Close 2024-02-27 C$ 4.01
Market Cap C$ 146,466,678
Recent Sedar Documents

Dynacor Group to pay 1.167-cent dividend March 19

2024-02-28 11:23 ET - News Release

An anonymous director reports

DYNACOR GROUP DECLARES MARCH 2024 DIVIDEND

Dynacor Group Inc. has declared its monthly dividend payment for March, 2024, in the amount of 1.167 cents per common share, which will be payable on March 19, 2024, to shareholders of record as of the close of business on March 8, 2024. This dividend represents the 48th dividend and 38th 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 Group Inc.

Dynacor Group 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 responsible and socially responsible gold through its PX Impact gold program. A growing number of supportive firms from the fine luxury jewellery, watchmaker and investment sectors pay a small premium to the company's customer and strategic partner for this PX Impact gold. The premium provides direct investment to develop health and education projects for artisanal and small-scale miner communities.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.