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Dynacor Gold Mines ( (TSE:DNG) ) has shared an announcement.
Dynacor Group Inc. has received a formal request from iolite Partners Ltd., a significant shareholder, to call a special meeting of shareholders to consider Robert Leitz’s candidacy for the Board of Directors. The request highlights a disagreement with Dynacor’s recent public offering, although the Board maintains that the offering is beneficial for the company’s expansion efforts. The company is considering the request and will communicate its decision in due course, while continuing to focus on its strategic objectives and stakeholder value.
More about Dynacor Gold Mines
Dynacor is a dividend-paying industrial gold ore processor headquartered in Montréal, Canada. It is engaged in gold production through processing ore from the artisanal and small-scale mining industry, primarily operating in Peru with plans to expand its processing operations to other jurisdictions. Known for its PX IMPACT® gold program, the company produces socially responsible gold, benefiting artisanal mining communities through direct investments in health and education projects.
YTD Price Performance: 6.48%
Average Trading Volume: 3,565
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $154M
Find detailed analytics on DNG stock on TipRanks’ Stock Analysis page.
