DYNACOR GROUP INC - DNGDF STOCK NEWS

Dynacor Gold Mines has announced a monthly dividend of C$0.0083 per share, payable on February 17, 2022, for shareholders on record by February 9, 2022. This marks the 23rd dividend and 13th monthly payment to shareholders. The dividend is classified as an ‘eligible dividend’ for Canadian tax purposes. Dynacor, headquartered in Montreal, operates in Peru, focusing on artisanal and small-scale mining. The corporation aims to expand its processing operations and is committed to producing socially responsible gold through its PX IMPACT® program.

Dynacor Gold Mines reported monthly sales of US$15.8 million for December 2021, totaling US$195.9 million for the year, marking a 93% increase year-over-year. The corporation surpassed its sales forecasts, achieving record gold production of over 100,000 ounces. Average gold selling price in December was US$1,789. Dynacor is expanding its Veta Dorada processing plant by 30%, increasing capacity from 330 tpd to 430 tpd, and plans further enhancements in 2022.

Dynacor Gold Mines Inc. (TSX: DNG) announced a 25% increase in its monthly dividend, now set at C$0.0083 per share. This dividend will be payable on January 19, 2022, to shareholders recorded by January 10, 2022. This marks the twenty-second dividend and the twelfth monthly payment made to shareholders. The dividend qualifies as an 'eligible dividend' for Canadian tax purposes. The decision on future dividends will be based on the corporation's financial results and cash requirements.

Dynacor Gold Mines reported monthly sales of US$17.7 million for November 2021, marking a 30% increase from November 2020. Year-to-date sales reached US$180.1 million, a 105% increase over the previous year. The average gold selling price per ounce was US$1,814. The corporation expects to exceed its revised sales guidance of US$185-$190 million for 2021. Dynacor operates primarily in Peru and is committed to producing socially responsible gold.

Dynacor Gold Mines Inc. reported monthly sales of US$16.8 million (C$20.9 million) for October 2021, a significant 51% increase from October 2020. Total sales for 2021 have reached US$162.4 million, marking a 119% rise compared to US$74.1 million in 2020. The average selling price of gold in October was US$1,772 per ounce. The corporation aims for projected sales between US$185 million and US$190 million for the year. Dynacor operates in Peru, focusing on socially responsible gold production that directly benefits artisanal miners.

Dynacor Gold Mines announced a monthly dividend payment of C$0.0067 per common share, set for December 17, 2021. Shareholders of record by December 8, 2021, will receive this payout, marking the 21st dividend and 11th monthly payment. Starting January 2022, the dividend will increase to C$0.0083, translating to an annual dividend of C$0.10 per share. The dividend qualifies as an 'eligible dividend' for Canadian tax purposes, with future payments contingent on the Corporation's financial performance.

Dynacor Gold Mines Inc. announced a 25% increase in its monthly dividend, raising it to 0.83 CAD from 0.67 CAD, effective January 2022. This adjustment marks the third dividend increase since Dynacor initiated dividends in October 2018. The annual dividend will rise to 10 CAD from 8 CAD per common share. The monthly dividend qualifies as an eligible dividend for Canadian tax purposes, enhancing the benefits for shareholders. Dynacor operates gold processing in Peru and aims to expand its operations in other regions.

Dynacor Gold Mines reported a record Q3-2021, achieving $61.9 million in sales and a net income of $3.5 million ($0.09/share), compared to $24.1 million and $1.2 million respectively in Q3-2020. The expansion of its Veta Dorada plant increased processing capacity by 25%, allowing for the processing of 36,281 tonnes of ore, a historic high. The corporation anticipates annual production to exceed 100,000 ounces of gold equivalent in 2021, with a revised sales guidance of $185 to $190 million, reflecting an 82-87% increase year-over-year.

Dynacor Gold Mines has declared a monthly dividend of C$0.0067 per common share, payable on November 18, 2021. This marks the twentieth dividend and the tenth monthly payment to shareholders. Only shareholders of record as of November 9, 2021 are eligible. The dividend qualifies as an 'eligible dividend' for Canadian tax purposes. The decision on future dividend payments will hinge on the corporation's financial standing and cash requirements.