Dynacor Group Inc. , is pleased to announce Institutional Shareholder Services Inc. , a leading independent proxy advisory firm, recommended the Corporation's shareholders vote FOR all of the resolutions that will be put forth at the Corporation's annual meeting of shareholders , scheduled for June 17, 2025 at 10:00 a.m. . Dynacor is also providing corporate updates below to apprise shareholders of its value-enhancing [...]
iolite Capital Management AG, a Switzerland-based investment manager, which beneficially owns, controls or directs approximately 10% of the issued and outstanding common shares of Dynacor Group Inc. , issued an open letter to fellow shareholders of Dynacor, urging them to WITHHOLD their votes in the election of Mr. Pierre Lépine, Chairman, at Dynacor's Annual General Meeting on June 17, 2025. Dynacor's Key Failings [...]
Dynacor Group Inc. , today announced unaudited gold sales of $22.8 million in April and year-to-date sales of $102.8 million. 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/20250520866391/en/ Monthly Highlights Gold sales reached $22.8 million in April 2025, compared to $25.0 million in April 2024. The [...]
Dynacor Group Inc. today announced its unaudited financial and operational results1 for the first quarter ended March 31, 2025. Q1-2025 Highlights Record sales and robust financial results: Record sales of $80.0 million, an 18.2% increase from Q1-2024. EBITDA2 of $7.3 million, a 9.9% decrease from Q1-2024. Net income of $5.1 million, a 6.3% increase from Q1-2024. Operating cash flows before changes in working capital [...]
Dynacor Group Inc. is pleased to announce that the Toronto Stock Exchange has approved the Corporation's request to renew a normal course issuer bid program, through which Dynacor may purchase, for cancellation, up to 3,850,649 common shares or approximately 10% of the public float . Dynacor is in a financially strong position to continue to return a portion of its cash to its shareholders through the NCIB. Additionally [...]
Dynacor Group Inc. , today announced with deep gratitude the retirement of Mr. Léonard Teoli and the appointment of a new Chief Financial Officer. After a 14-year career at Dynacor and following a long-standing transition plan, Mr. Léonard Teoli will retire from the Corporation as Chief Financial Officer and Vice-President, Finance. He had informed both the CEO Jean Martineau and the board in June 2024 of his intention to [...]
Dynacor Group Inc. announced its monthly dividend payment for May 2025 in the amount of C$0.01333 per common share which will be payable on May 15, 2025, to shareholders of record as of the close of business on May 8th, 2025. This dividend represents the sixty-second dividend and fifty-second monthly dividend payment made to shareholders. The Corporation's monthly dividend qualifies as an "eligible dividend" for Canadian [...]
Dynacor Group Inc. , today announced unaudited gold sales of $28.8 million in March and record quarterly sales of $80.0 million. 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/20250422065415/en/ The 15-month sales increase continued in Q1-2025. Monthly Highlights Gold sales reached $28.8 million in March [...]
Dynacor Group Inc. , is pleased to announce that the results of the special meeting of shareholders held earlier today, showed a strong majority of the Corporation's shareholders voted in line with the board of directors' recommendations. A total of 27,171,760.4 shares representing 64.37% of the issued and outstanding shares were voted at the Meeting, with almost twice as many votes cast in support of the Board's [...]
Dynacor Group Inc. , is pleased to provide an update on year-to-date progress on its expansion plan within West Africa and Latin America. The Corporation currently remains on track for its 2025 objectives, and on schedule for producing 500,000 AuEq ounces by 2030. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250414935732/en/ Community consultation for [...]
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 [...]