Dynacor Group Inc.

Dynacor Group Inc. today announced its financial and operational results1 for the year ended December 31, 2024. 2024 Highlights Record sales, EBITDA, net income, operating cash flows and cash gross operating margin: Sales of $284.4 million, a 13.7% increase from 2023, at the top end of guidance of $265-$285 million. EBITDA 2 of $29.5 million, a 15.7% increase from 2023. Net income of $16.9 million, an 11.9% increase from [...]

Dynacor Group Inc. , today announced unaudited gold sales of $22.5 million in February, a 11.9% increase compared to February 2024. All figures are in US dollars unless otherwise indicated. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250318946411/en/ Monthly Highlights Gold sales reached $22.5 million in February 2025, compared to $20.1 million in February [...]

Dynacor Group Inc. , is pleased to announce that it will hold its Annual General Meeting on June 17, 2025 at 10:00 AM EDT. The shareholder meeting is being announced in response to the January 31, 2025 press release which stated that Dynacor has received a formal request from iolite Partners Ltd to requisition a meeting. Dynacor's Board of Directors has reviewed the requisition, receiving advice from professional [...]

Dynacor Group Inc. , today announced its initial 2025 outlook, which includes a 27% increase in sales at midpoint versus 2024 realized sales. All amounts are in US dollars unless otherwise indicated. 2025 guidance Sales ) 345 - 375 Production 120 - 130 Net income 14 - 17 Capital expenditure Sustaining capex - Peru 5 - 8 Capex - Senegal 5 - 7 Guidance Overview Net income guidance includes a $3M operating cost to achieve [...]

Dynacor Group Inc. announced its monthly dividend payment for March 2025 in the amount of C$0.01333 per common share which will be payable on March 19, 2025, to shareholders of record as of the close of business on March 10, 2025. This dividend represents the sixtieth dividend and fiftieth monthly dividend payment made to shareholders. The Corporation's monthly dividend qualifies as an "eligible dividend" for Canadian [...]

Dynacor Group announced unaudited gold sales of $28.7 million in Jany. All figures are in US dollars unless otherwise indicated. Gold sales reached $28.7 million in January 2025, the second-highest monthly sales, compared to $26.9 million in January 2024. The increase in sales of $1.8 million or +6.7% versus January 2024 results from an increase in the sales price offset by a decline in volume. In January, the selling [...]

Dynacor Group is pleased to update on its expansion plans within West Africa and Latin America. All figures are in US dollars unless otherwise specified. Outside Dynacor's Senegal office: Mamadou Mbaye, General Manager, with members of Team Senegal and Stéphane Lemarié, Director of Finance Dynacor's move into new jurisdictions is part of its five-year strategic plan and supports its goal of producing 500,000 AuEq ounces [...]

Dynacor Group Inc. is pleased to announce that the Corporation has closed it previously announced "best efforts" agency offering by way of prospectus supplement dated February 3, 2025 to the Corporation's base shelf prospectus dated January 28, 2025 . Pursuant to the Offering, the Corporation issued 5,750,000 common shares of the Corporation at a price of C$5.50 per Common Share for gross proceeds of C$31,625,000. "We are [...]

Dynacor Group Inc. , is pleased to announce that it has filed a prospectus supplement to its short form base shelf prospectus dated January 28, 2025 with respect to its previously announced "best effort" agency offering of up to 5,000,000 common shares of the Corporation at a price of C$5.50 per Common Share for total gross proceeds of up to C$27.5 million . The Prospectus Supplement has been filed with the securities [...]

Dynacor Group is pleased to announce that, in connection with its previously announced "best effort" agency offering, it has entered into an amended and restated agreement with Canaccord Genuity pursuant to which the Corporation and the Sole Agent have agreed to upsize the Offering to up to a total of 5,000,000 common shares of the Corporation at a price of C$5.50 per Common Share for total gross proceeds of up to [...]