Ms. Ruth Hanna reports

DYNACOR GROUP ANNOUNCES US$20 MILLION GOLD PURCHASE AND PREPAYMENT FACILITY

Dynacor Group Inc. has entered into an unsecured $20-million (U.S.) gold purchase and prepayment facility with Auramet International Inc. The corporation intends to use the net proceeds of the facility for its working capital needs, notably to build inventory for its Svetlana plant in Ecuador, which is in the final stages of refurbishment.

Under the facility, the gold produced by one or all of Dynacor's subsidiaries may be sold under spot, forward, in-process and prepayment arrangements, subject to certain customary conditions. In addition, the corporation may receive prepayments for specified quantities of London Good Delivery gold bullion prior to delivery, on a revolving basis. The maximum aggregate amount of outstanding prepayments and undelivered gold under the facility is $20.0-million. The facility has a two-year term and is extendable annually by agreement between Dynacor and Auramet.

The facility contains terms and conditions customary for a transaction of this nature, including certain specified positive and negative covenants and mandatory repayment terms.

"The facility provides non-dilutive capital and flexibility for Svetlana, which is the cornerstone of the first phase of our expansion strategy," said Daniel Misiano, president and chief executive officer of Dynacor. "By structuring the financing with physical delivery, with no disruption to our PX Impact responsible gold program, we preserve the strength of our balance sheet and business model as we transition Svetlana into production."

About Dynacor Group Inc.

Dynacor Group is an 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 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 company is expanding to West Africa and within Latin America.

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

About Auramet Group Inc.

Auramet is a private company established in 2004 by seasoned professionals who have assembled a global team of industry specialists with over 400 years combined industry experience. It is one of the largest physical precious metals merchants in the world and has provided over $1.5-billion in term financing facilities to date. Auramet offers a full range of services, including physical metals trading, metals merchant banking (including direct lending) and project finance advisory services to participants in the precious metals supply chain.

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