Dynacor Reports Sales of US$104.0 Million (C$132.3 Million) for the First Half of 2022
MONTREAL, July 20, 2022 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (formerly Dynacor Gold Mines Inc.) (TSX-DNG) (Dynacor or the "Corporation"), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced gold sales of US
In June, the Corporation had sales of US
The 2022 second-quarter sales amounted to US
A graphic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a41b164a-7fa5-4474-8edc-1cf95d277a01
2022 six months cumulative sales amounted to US
For 2022, the Corporation forecasted sales in the range of US
Second quarter 2022 financial results
Dynacor will publish its second quarter 2022 financial results news release on Monday, August 15, 2022, before the opening of markets.
(1) sales are converted using the monthly average exchange rate
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.
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Website: http://www.dynacor.com
Twitter: http://twitter.com/DynacorGold
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