MONTREAL, Dec. 21 2021 (GLOBE NEWSWIRE) – Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Company) is pleased to announce the declaration of its monthly dividend increased by 25% in the amount of CA $ 0.0083 per share, which will be paid on January 19, 2022 to shareholders of record at the closing date on January 10, 2022. This dividend represents the twenty second (22nd) dividend and the twelfth dividend (12th) monthly paid by the company to its shareholders.
This dividend qualifies as “eligible dividends” for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board of Directors and depend on the Company’s financial results, cash requirements, prospects and other factors deemed relevant by the Board.
ABOUT DYNACOR
Dynacor, headquartered in Montreal, Canada, is a dividend-paying industrial company that produces gold through gold ore processing operations purchased from artisanal miners. Dynacor currently operates in Peru where its management team has decades of experience working with artisanal miners. It also owns a gold exploration property (Tumipampa) in the department of Apurimac.
The Company also aims to expand its machining operations to other jurisdictions.
Dynacor produces socially and environmentally responsible gold through its PX IMPACT® gold program. A growing number of companies in the jewelry, luxury, watchmaking and investment sectors are paying a small additional premium to our client and strategic partner for this PX IMPACT® gold. The premium is then directly invested in development projects related to health and education for the benefit of artisanal miner communities.
Dynacor is listed on the Toronto Stock Exchange (DNG).
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
Some of the information given above is prediction that involves known and unknown risks, uncertainties and other factors that may cause the current results, performance or achievements of Dynacor or the results of the industry to be materially. different from the future results, performances or achievements expressed or implicitly manifested in these forecasts. The information given reflects management’s current expectations regarding future events and performance at the time of going to press.
Shares outstanding: 38,847,592
Website : http://www.dynacor.com
Twitter: http://twitter.com/DynacorGold
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