Mr. Dale Nejmeldeen reports
DYNACOR DECLARES ITS FIFTH QUARTERLY DIVIDEND PAYMENT
Dynacor Gold Mines Inc.'s quarterly dividend payment of one cent per common share is payable on Oct. 3, 2019, to shareholders of record as of the close of business on Sept. 19, 2019. The payment represents the fifth quarterly dividend payment made to shareholders. The corporation's quarterly dividend qualifies as an eligible dividend for Canadian income tax purposes.
The declaration and payment of dividends are at the discretion of the board and will depend on the corporation's financial results, cash requirements, prospects and other factors deemed relevant by the board.
Gold Mines Inc.
Dynacor is a dividend-paying gold production corporation headquartered in Montreal, Canada. The corporation is engaged in production through the processing of ore purchased from artisanal and small-scale miners (ASM). At present, Dynacor produces and explores in Peru where its management team has decades of experience and expertise. In 2018, Dynacor produced 81,314 ounces of gold, a yearly best and 1.8-per-cent increase as compared with 2017 (79,897 ounces).
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