Ms. Ruth Hanna reports

DYNACOR GROUP REPORTS SALES OF US$26.1 MILLION IN MAY 2025

Dynacor Group Inc. had unaudited gold sales of $26.1-million in May and year-to-date sales of $128.9-million. All figures are in United States dollars unless otherwise indicated.

Monthly highlights

• Gold sales reached $26.1-million ($36.2-million (Canadian)) in May, 2025, compared with $23.7-million ($32.4-million (Canadian)) in May, 2024.
• The increase in sales of $2.4-million or plus 10.1 per cent versus May, 2024, results from an increase in the sales price (plus 32.1 per cent) partially offset by a decrease in volume (negative 21.9 per cent) that in part results from planned plant maintenance.
• In May, the selling price of gold averaged $3,293 per ounce, compared with $2,340 per ounce, a 40.7-per-cent increase over May, 2024.

Year-to-date highlights

• Cumulative gold sales reached $128.9-million at the end of May, 2025, compared with $116.4-million for the same period of 2024, a $12.5-million increase or plus 10.7 per cent.
• In 2025, the selling price of gold averaged $3,015 per ounce, compared with $2,178 per ounce in 2024, a 38.4-per-cent increase.
• The corporation is on target to meet its annual sales guidance of between $345-million and $375-million.

About Dynacor Group Inc.

Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on fully and part-formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The corporation plans to expand to West Africa and within Latin America.

The premium paid by luxury jewellers for Dynacor's PX Impact gold goes to Fidamar Foundation, a non-government organization that mainly invests in health and education projects for artisanal mining communities in Peru.

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