Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announced total sales of US$12.5 million (unaudited) (C$15.6 million) for April 2021 and cumulative 2021 sales of US$53.4 million (unaudited) (C$67.4 million) at April 30, 2021.
On February 18, 2021 (see news release), Dynacor published its annual financial guidance, including sales of $US150 million (C$191 million) at an average US$1850 per ounce gold price. As of April 30, 2021, the Corporation exceeds its sales guidance due to a continuous strong ore purchase level.
The average selling price of gold per ounce in April 2021 was US$ 1,764.
(1) sales are converted using the monthly average exchange rate
First Quarter 2021 Financial Results
Dynacor will publish its first-quarter 2021 financial results news release on Monday, May 17th, 2021, before the market opens.
Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance or achievements of Dynacor, or industry results, to be materially different from any future result, performance, or achievement expressed or implied by such forward-looking statements. These statements reflect management’s current expectations regarding future events and operating performance as of the date of this news release.