Dynacor Provides Corporate Update Including Expansion Progress

Core Viewpoint - Dynacor Group Inc. is progressing on its expansion plans in West Africa and Latin America, with a focus on operational efficiency and achieving significant sales growth by 2030 [1][5]. Operational Update - After the lifting of road blockades in mid-July, ore supply to the mill has resumed, and operations are now running at full capacity [2]. - Optimization projects initiated by Dynacor's new teams are enhancing mill efficiency and productivity, including reduced reagent consumption and improved management processes [3]. Expansion Update - The company is on track to generate over US$1 billion in sales by 2030 [5]. - In Senegal, construction of a pilot plant is progressing, with site mobilization underway and construction of access roads and tailings ponds scheduled to begin post-rainy season [6]. - In Ecuador, Dynacor is defining its corporate structure and planning upgrades for the Svetlana processing plant, including stakeholder engagement for an Environmental Impact Assessment [6]. - Discussions with the Ghanaian government regarding the business plan are ongoing, and monitoring of the mining code revision in Côte d'Ivoire continues [6]. About Dynacor - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, emphasizing a responsible mineral supply chain [7]. - The company operates the Veta Dorada plant in Peru and aims to expand its operations in West Africa and Latin America [7]. Additional Information - The premium paid for Dynacor's PX Impact® gold supports health and education projects for artisanal mining communities in Peru [8].