Dynacor Declares May 2023 Dividend
27 Avril 2023 - 1:30PM
Business Wire
Dynacor Group Inc. (TSX: DNG) (Dynacor or the Corporation)
announced its monthly dividend for May 2023. The declaration of a
dividend payment of C$0.01 per common share will be payable on May
17, 2023, to shareholders of record as of the close of business on
May 9, 2023. This dividend represents the thirty-eight (38th)
dividend and twenty-eight (28th) monthly payment made to
shareholders.
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 our artisanal and
small-scale miner’s communities.
Dynacor is listed on the Toronto Stock Exchange (DNG).
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.
Shares Outstanding: 38,428,048
Website: http://www.dynacor.com Twitter:
http://twitter.com/DynacorGold
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version on businesswire.com: https://www.businesswire.com/news/home/20230427005087/en/
Dale Nejmeldeen Director Shareholder Relations CANADA 625
René-Lévesque Blvd West, Suite 1200 - Montreal (Quebec) H3B 1R2
(514) 393 9000 Ext.: 230 investors@dynacor.com
Dynacor (TSX:DNG)
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