Dynacor Declares its Q1-2020 Quarterly Dividend
04 March 2020 - 11:00PM
Dynacor Gold Mines Inc. (TSX: DNG / OTC: DNGDF) (Dynacor or
the Corporation) is pleased to announce the declaration of
a dividend payment of CA $0.015 per common share which will be
payable on April 2nd, 2020, to shareholders of record as of the
close of business on March 19, 2020. This dividend represents the
7th quarterly dividend payment made to shareholders.
The Corporation’s quarterly 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 gold production
corporation headquartered in Montreal, Canada. The corporation is
engaged in production through the processing of ore purchased from
the ASM (artisanal and small-scale mining) industry. At present,
Dynacor produces and explores in Peru, where its management team
has decades of experience and expertise. In 2019, Dynacor produced
80,677 ounces of gold, in line with 2018 (81,314 ounces).
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 are paying 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 to our small-scale artisanal miner’s communities.
Dynacor trades on the Toronto Stock Exchange
(DNG) and the OTC in the United States under the symbol
(DNGDF).
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.
Dynacor (TSX: DNG / OTC: DNGDF)Website:
http://www.dynacor.com Twitter: http://twitter.com/DynacorGold
For more information, please contact: Dynacor
Dale Nejmeldeen Director, Shareholder Relations Dynacor T:
514-393-9000 #230 E: investors@dynacor.com
PDF
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