Dynacor Group Inc.

Dynacor Group Inc. , today reminds the Corporation's shareholders of the importance of voting ahead of the upcoming Special Meeting of Shareholders . Dynacor recommends that shareholders, no matter how many shares they own, vote using their GOLD form of proxy or voting instruction form to protect the value and stability of their investment and prevent dissident shareholder Robert Leitz, through his company iolite Capital [...]

Dynacor Group is pleased to announce that Institutional Shareholder Services and Glass Lewis & Co., leading independent proxy advisory firms, have recommended that Dynacor shareholders vote AGAINST fixing the Dynacor board size to nine and AGAINST electing Robert Leitz to Dynacor's board using the Dynacor management GOLD form of proxy or voting instruction form at the upcoming Special Meeting of Shareholders. Glass Lewis [...]

Dynacor Group Inc. , recommends that shareholders of its common shares vote on the Gold Proxy to protect their Dynacor investment at the costly special shareholder meeting called by iolite Capital Management AG on April 16, 2025. Why is the Dissident in a Rush? Given that Dynacor's annual meeting of shareholders is set to occur just two months after the Requisitioned Meeting and all nominees hold office only until the [...]

Dynacor Group Inc. announces that it has filed a management information circular and related materials in connection with a special meeting of shareholders called by iolite Partners Ltd. scheduled for 10:00 a.m. on Wednesday, April 16, 2025. The Dissident called the meeting to attempt to elect its founder and managing director, Robert Leitz to Dynacor's board. Leitz lacks the requisite skills and experience to serve as a [...]

Dynacor Group Inc. , is pleased to announce that it has executed a conditional letter of offer and indicative terms with Pelorus Minerals Limited, a wholly owned subsidiary of Arkham Metals Limited Australia, to acquire 100% of the shares of Arkham Metals SAS for a purchase price of $9.75 million. All amounts are in US dollars unless otherwise specified. The Offer is subject to a due diligence review and final approval [...]

Dynacor Group Inc. announced its monthly dividend payment for April 2025 in the amount of C$0.01333 per common share which will be payable on April 17, 2025, to shareholders of record as of the close of business on April 10th, 2025. This dividend represents the sixty-first dividend and fifty-first monthly dividend payment made to shareholders. The Corporation's monthly dividend qualifies as an "eligible dividend" for [...]

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 [...]