MONTREAL, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG) ("Dynacor" or the "Corporation") announced today that its Board of Directors has approved a monthly dividend of C$0.01333 per common share (C$0.16 annually) for January 2026. This will be payable on January 20, 2026, to shareholders of record as of the close of business on January 12, 2026. The maintenance of the dividend at its same current nominal level marks the beginning of Dynacor’s eighth consecutive year of dividend payouts to ...

MONTREAL, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG) ("Dynacor" or the "Corporation") announced today that its Board of Directors has approved a monthly dividend of C$0.01333 per common share (C$0.16 annually) for January 2026. This will be payable on January 20, 2026, to shareholders of record as of the close of business on January 12, 2026. The maintenance of the dividend at its same current nominal level marks the beginning of Dynacor’s eighth consecutive year of dividend payouts to ...

Core Viewpoint - Dynacor Group Inc. announced a monthly dividend payment of C$0.01333 per common share for December 2025, marking its 69th dividend and 59th monthly payment to shareholders [1][2]. Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, established in 1996. The company emphasizes a responsible mineral supply chain with strict traceability and audit standards [3]. - Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru, with plans for expansion into West Africa and Latin America [3]. Dividend Information - The monthly dividend qualifies as an "eligible dividend" for Canadian income tax purposes, with future payments subject to the Board's discretion based on financial results and other relevant factors [2].

Core Points - Dynacor Group Inc. announced a monthly dividend payment of C$0.01333 per common share for December 2025, payable on December 19, 2025, to shareholders of record as of December 9, 2025, marking the sixty-ninth dividend and fifty-ninth monthly payment to shareholders [1][2] - The dividend qualifies as an "eligible dividend" for Canadian income tax purposes, with future payments and increases at the discretion of the Board based on financial results and other relevant factors [2] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, established in 1996, and has developed a responsible mineral supply chain with strict traceability and audit standards [3] - The company operates the Veta Dorada plant and owns a gold exploration property in Peru, with plans for expansion into West Africa and Latin America [3] Social Responsibility - The premium paid by luxury jewellers for Dynacor's PX Impact® gold is directed to the Fidamar Foundation, an NGO that invests in health and education projects for artisanal mining communities in Peru [4]

Core Viewpoint - Dynacor Group Inc. reported solid operational results for Q3-2025, achieving record quarterly EBITDA and strong sales driven by higher gold prices despite initial ore supply disruptions [2][5]. Q3-2025 Highlights - The company processed 39,479 tonnes of ore at an average of 429 tonnes per day, with production of 28,948 AuEq ounces, consistent with historical levels [5][7]. - Record sales reached $100.5 million, a 32% increase from $76.2 million in Q3-2024, attributed to higher gold prices [5][15]. - Gross margin was $11.7 million (11.7% of sales), compared to $10.3 million (13.6% of sales) in Q3-2024 [5][15]. - Record EBITDA of $9.0 million was reported, slightly up from $8.9 million in Q3-2024 [5][15]. - Net income was $5.5 million, down from $5.9 million in Q3-2024 [5][15]. 2025 Outlook - The company confirmed its revised guidance for 2025, expecting sales between $340-$350 million and net income between $14-$17 million [5][6]. - Production is projected to be between 105,000-110,000 AuEq ounces for the year [5][6]. Operational Developments - The acquisition of the Svetlana processing plant in Ecuador for $9.75 million was completed, with plans to upgrade its capacity to 300 tonnes per day [5][20]. - Construction of a 50-tpd pilot plant in Senegal is on schedule, with first ore processing expected in late Q1-2026 [5][20]. - The company continues to focus on shareholder returns, maintaining a monthly dividend of CA$0.16 per share [5][6]. Financial Overview - Total assets increased to $166.6 million as of September 30, 2025, up from $125.3 million at the end of 2024 [18][21]. - Cash at the end of the period was $36.9 million, compared to $19.8 million at the end of 2024 [20][21]. - The company recorded a net cash used in operating activities of $6.3 million for Q3-2025 [14][16]. Market Conditions - The average gold price rose from approximately $3,300/oz in August to $3,700/oz in September, positively impacting financial performance [15][10]. - Year-to-date, the gold price increased from approximately $2,700/oz in January to $3,700/oz in September, contributing to record sales [15][10]. Community Engagement - The company conducted a community participation session in September to inform the Svetlana host community about its environmental management plan [5][20]. Summary of Financial Performance - General and administrative expenses increased to $3.5 million in Q3-2025, primarily due to management expansion and reorganization costs [15][10]. - The effective tax rate is influenced by fluctuations in the Peruvian sol against the US dollar, affecting current and deferred tax liabilities [15][10].

Core Insights - Dynacor Group Inc. is expanding its operations in West Africa and Latin America, aiming to generate over US$1 billion in sales by 2030, representing a more than 250% increase from 2024 sales [1] Recent Progress - **Senegal**: Construction of a 50-tpd pilot plant is on schedule, with initial shipments expected mid-November and ongoing site works including access road and plant area clearing [2] - **Ecuador**: Integration of the subsidiary is progressing in three areas: corporate structure, operational refurbishment, and stakeholder engagement. Key actions include changing the company name, avoiding Foreign Exchange Outflow Tax, and community engagement regarding environmental management [2] - **Ghana**: Formal proposals are being prepared to classify Dynacor's operations correctly within the legal and fiscal framework of the country [2] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, established in 1996. The company emphasizes a responsible mineral supply chain with strict traceability and audit standards [5]

Core Points - Dynacor Group Inc. announced a monthly dividend payment of C$0.01333 per common share for November 2025, marking the sixty-eighth dividend and fifty-eighth monthly payment to shareholders [1][2] - The dividend qualifies as an "eligible dividend" for Canadian income tax purposes, with future payments subject to the Board's discretion based on financial results and other relevant factors [2] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, established in 1996 [3] - The company operates the Veta Dorada plant and owns a gold exploration property in Peru, with expansion plans in West Africa and Latin America [3] - Dynacor emphasizes a responsible mineral supply chain with strict traceability and audit standards, benefiting both governments and miners [3] Social Responsibility - The premium paid for Dynacor's PX Impact® gold supports the Fidamar Foundation, which invests in health and education projects for artisanal mining communities in Peru [4]

Core Points - Dynacor Group Inc. announced a monthly dividend payment of C$0.01333 per common share for November 2025, payable on November 19, 2025, to shareholders of record as of November 11, 2025, marking the sixty-eighth dividend and fifty-eighth monthly payment made to shareholders [1][2] - The monthly dividend qualifies as an "eligible dividend" for Canadian income tax purposes, with future payments and increases at the discretion of the Board based on financial results and other relevant factors [2] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold sourced from artisanal miners, established in 1996, and has developed a responsible mineral supply chain with strict traceability and audit standards [3] - The company operates the Veta Dorada plant and owns a gold exploration property in Peru, with plans for expansion into West Africa and Latin America [3] Social Responsibility - The premium paid by luxury jewellers for Dynacor's PX Impact® gold is directed to the Fidamar Foundation, an NGO that invests in health and education projects for artisanal mining communities in Peru [4]

Core Points - Dynacor Group Inc. announced a monthly dividend payment of C$0.01333 per common share for October 2025, payable on October 16, 2025, to shareholders of record as of October 9, 2025 [1] - This dividend marks the sixty-seventh dividend and fifty-seventh monthly dividend payment made to shareholders [1] - The monthly dividend qualifies as an "eligible dividend" for Canadian income tax purposes [2] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold sourced from artisanal miners, established in 1996 [3] - The company has developed a responsible mineral supply chain with strict traceability and audit standards for the artisanal mining industry [3] - Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru, with expansion plans in West Africa and Latin America [3] Social Responsibility - The premium paid by luxury jewellers for Dynacor's PX Impact® gold is directed to the Fidamar Foundation, an NGO that invests in health and education projects for artisanal mining communities in Peru [4]

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].