Dynacor Declares March 2021 Monthly Dividend
Dynacor Gold Mines Inc. (DNGDF) has announced its second monthly dividend of C$0.005 per common share, payable on March 17, 2021, to shareholders of record as of March 8, 2021. This marks the twelfth dividend and reaffirms Dynacor's commitment to returning value to shareholders. The dividend qualifies as an 'eligible dividend' for Canadian tax purposes. Dynacor operates in Peru, focusing on environmentally responsible gold production and is expanding its processing operations in new jurisdictions. The company emphasizes sustainability through community investment via its PX IMPACT® gold program.
- Declaration of C$0.005 per share monthly dividend, reinforcing shareholder value.
- Dividend qualifies as an 'eligible dividend' for Canadian tax purposes, appealing to investors.
- Commitment to environmentally responsible gold production may enhance corporate reputation.
- Expansion of processing operations in new jurisdictions indicates growth potential.
- None.
MONTREAL, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its second monthly dividend. The declaration of a dividend payment of C
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. 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 environmental 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 artisanal and small-scale miner’s communities.
Dynacor is listed on the Toronto Stock Exchange (DNG) and the OTC in the United States under the symbol (DNGDF).
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.
Toronto Stock Exchange (TSX): DNG
OTC (United States): DNGDF
Shares Outstanding: 38 866 254
Website: http://www.dynacor.com
Twitter: http://twitter.com/DynacorGold
PDF available: http://ml.globenewswire.com/Resource/Download/1cff4ae9-bed1-4e99-8a7d-f0cfd1420b9e
FAQ
What is the dividend amount declared by Dynacor Gold Mines?
When will the dividend be paid by Dynacor Gold Mines?
What date is the record for Dynacor Gold Mines' dividend?
Is the dividend from Dynacor Gold Mines eligible for Canadian tax benefits?
How many dividends has Dynacor Gold Mines declared so far?
