Mr. Jean Martineau reports

DYNACOR APPOINTS INDUSTRY VETERAN DENIS RIVARD AS FIRST-EVER CHIEF OPERATING OFFICER, MARKING A NEW ERA OF GROWTH

Dynacor Group Inc. has appointed Denis Rivard, PEng, as its first-ever chief operating officer. This strategic appointment comes at a time of significant growth for Dynacor, and the corporation is primed to benefit from Mr. Rivard's extensive experience and leadership in project management.

With over 40 years of experience spanning across multiple industries and continents, Mr. Rivard brings an impressive portfolio to Dynacor. He recently assumed the role of vice-president at CDPQ Infra, where he led all project activities from construction to commissioning for the $7.5-billion (U.S.) REM project. His appointment is pivotal for Dynacor, as the corporation is expanding its gold ore processing operations to other jurisdictions.

Throughout his career, Mr. Rivard has demonstrated his ability to manage and deliver various megaprojects globally. His portfolio includes aluminum smelters, mining projects, product export terminals, chemical/petrochemical/liquefaction of natural gas facilities, major infrastructure projects, pipelines, ports, marine facilities, rail networks, and energy projects.

His international assignments have honed his multidisciplinary expertise, enabling him to lead diverse teams and build collaborative, solid relationships internally and with key stakeholders.

Mr. Rivard holds a degree in mechanical engineering from the University of Quebec at Chicoutimi (UQAC). He began his career in aluminum smelter projects in Quebec, Canada, and the United States. He then spent over 20 years in South Africa, working in several African countries, the Middle East, Southeast Asia and Latin America across various industrial and infrastructure sectors.

"Dynacor is at an exciting point in its evolution, and Denis's appointment reflects our commitment to driving growth and delivering value for our shareholders. His wealth of experience and track record in delivering megaprojects worldwide make him the perfect fit for this role," said Jean Martineau, chief executive officer and president of Dynacor.

Mr. Rivard's appointment is effective immediately, and he will be based out of Dynacor's headquarters in Montreal, Canada.

About Dynacor Group Inc.

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 jewellery, watchmakers and investment sectors pay a small premium to Dynacor's customer and strategic partner for this PX Impact gold. The premium provides direct investment to develop health and education projects for the company's artisanal and small-scale miner's communities.

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