11:59 AM EDT, 10/30/2025 (MT Newswires) -- (Updates shares.)

Dynacor Group ( DNGDF ) said Thursday the first shipments of its modular merchant gold mill in Senegal are expected to be on site mid-November.

Phased delivery of remaining containers on site will continue until January, Dynacor ( DNGDF ) said. The construction contractor has been mobilized for site works, including the access road and clearing of the plant area. Engineering work for the tailings pond is progressing, the company added.

Dynacor ( DNGDF ) said the construction of the 50-tonne per day pilot plant continues to remain on schedule.

In Ecuador, Dynacor ( DNGDF ) said the integration of its subsidiary continues, progressing on the organizational, operational and community aspects.

In Ghana, Dynacor ( DNGDF ) said formal proposals are being prepared for Goldbod and government agencies to enable the company's proposed operations to be classified correctly within the country's legal and fiscal framework.

The developments are all part of Dynacor's ( DNGDF ) planned expansion, which it expects to generate over US$1 billion in sales by 2030, a more than 250% increase compared to 2024 sales.

Dynacor ( DNGDF ) shares were last seen up $0.11 to $4.31 on the Toronto Stock Exchange.

Price: 4.31, Change: +0.11, Percent Change: +2.62