Mr. Daniel Misiano reports

DYNACOR REPORTS FIRST GOLD FROM SENEGAL

Dynacor Group Inc. has completed a first gold pour at its Galam pilot plant in Senegal.

Highlights

• First gold dore pour achieved on Sept. 30, 2026, with gold-silver cement from the Merrill-Crowe circuit.
• Plant run time and gold recovery are increasing steadily since completion of commissioning.
• Next step is to ramp up production to nameplate capacity.

Daniel Misiano, president and chief executive officer of Dynacor, commented: "We are delighted to highlight our first gold pour on the continent of Africa, marking our transition into a geographically diversified gold processor. Galam is now the first gold processing plant servicing permitted ASGM in Senegal and poised to deliver strong benefits to stakeholders as we showcase our platform in Africa.

"We would like to extend our sincere thanks to the experienced team who drove the construction and commissioning of the Galam modular plant. Their tremendous efforts and commitment to excellence accelerated construction of the plant over a 10-month period and with no lost-time injuries."

About the Galam plant

Dynacor's wholly owned Galam subsidiary hosts a 50-tonne-per-day modular processing plant that will serve as a test ground for Dynacor's expansion into Senegal and Africa at large. Galam's location in Kedougou places it at the heart of the main Artisanal and small-scale gold mining (ASGM) region in Senegal where about 98 per cent of national ASGM sites and 13/16 government-permitted ASGM corridors are located. If successful, the Galam pilot plant will be a precursor to a 300 tpd commercial processing plant in Senegal.

About Dynacor Group Inc.

Dynacor Group is an ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The company is expanding to West Africa and within Latin America.

The premium paid by luxury jewellers for Dynacor's PX Impact gold goes to Fidamar Foundation, a non-government organization that mainly invests in health and education projects for artisanal mining communities in Peru.

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