Dynacor Reports Q2-2026 Results and Updates on Tax Contingencies

MONTREAL, Aug. 13, 2026 (GLOBE NEWSWIRE) — Dynacor Group Inc. (TSX: DNG) (“Dynacor” or the “Corporation”) today announced its unaudited financial and operational results 1 for the second quarter ended June 30, 2026.

“Our Q2-2026 results reflect both strong execution and a transformative step forward in achieving our near-term expansion strategy,” said Daniel Misiano, President and CEO. “This third consecutive quarter of strong operational performance showcases the results of our optimisation projects and positions us strongly to achieve 2026 production guidance. Our operational strength translated into robust gold sales despite a double-digit dip in the gold market. The combination of gold’s sustained decline and our inventory build-up led to a longer inventory turnover, which impacted our financial performance in the quarter. We are unwinding inventory levels in the third quarter and expect margins to normalize in the second half of 2026.

Beyond our core operations, we achieved a strategic milestone in the period: first ore feed to our Galam plant, marking the beginning of our transition into a geographically diversified gold processor. With both our Senegal and Ecuador plants on track, we continue to position Dynacor to deliver long-term value for our shareholders.”

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For more information, refer to note 19 “Other commitments and other contingencies” of the Corporation’s condensed interim consolidated financial statements. 4 The Corporation will provide additional information when the Tax Court will have rendered its decision.