Dynacor Group Inc · TSX:DNG
Dynacor — Investor Presentation (May 2026)
19 slides from Dynacor's investor presentation, May 27, 2026
Slide 1: The World's Publically Traded Processor of Artisanal Gold
The World’s Publically Traded Processor of Artisanal Gold May 27, 2026
Slide 2: Caution Regarding Forward-Looking Statements / Non-IFRS Measures
CAUTION REGARDING FORWARD-LOOKING STATEMENTS / NON-IFRS MEASURES ❑ Statements contained in this presentation that are not historical facts are regarded as forward-looking statements. These statements may involve risk, uncertainties and other factors that could cause actual results to differ material
Slide 3: Who We Are: Established Gold-Ore Processor with Operations in Peru
WHO WE ARE: ESTABLISHED GOLD-ORE PROCESSOR WITH OPERATIONS IN PERU Only publicly traded artisanal gold processor worldwide One processing plant with capacity of 500 tpd PERU 25+ years of processing history Solid financial score card TSX listed; C$251M¹ market cap Expanding to Ecuador and Senegal in
Slide 4: Capital Markets Profile
CAPITAL MARKETS PROFILE CAPITAL STRUCTURE¹ Common shares outstanding 41.9M Share price (as of May 25, 2026) C$5.98 Market capitalisation C$251M Fully diluted shares outstanding² 41.9M 52-week high-low C$4.20 – C$7.08 Monthly dividend (yield ~3.5%) C$0.01333 Cash (as of March 31, 2026) $31M RESEARCH
Slide 5: Three Pillars of Growth
THREE PILLARS OF GROWTH PURSUE OPTIMISE LEVERAGE STRATEGIC CORE OPERATIONS GROWTH PLAN OPPORTUNITIES Improve productivity Expand within Latin Build opportunities in new and efficiencies at America and into regions and countries Chala plant in Peru W. Africa through partnerships 5
Slide 6: Artisanal and Small-Scale Mining (ASM) Basics
ARTISANAL AND SMALL-SCALE MINING (ASM) BASICS What is an ASM? An individual or small mining group, extracting minerals rurally and often outside $65bn¹ 20M ANNUAL VALUE OF ASGM SECTOR ASGM MINERS legal frameworks. GLOBALLY GLOBALLY ❑ ASM activity can range from semi-mechanised mines to subsistence-l
Slide 7: Our Operational Process
OUR OPERATIONAL PROCESS Trujillo Chimbote Piure Transport From the Chala Plant to the Lim airport. by a security tran company
Slide 8: Dynacor – A Gold Miller, Not a Gold Miner
DYNACOR – A GOLD MILLER, NOT A GOLD MINER WHAT WE DO HAVE WHAT WE DON’T HAVE ✓ Strong 5-year outlook Mining or exploration risk ✓ Grown OCF by a 17% CAGR from 2016 Debt ✓ Net positive cash flow now and in the future Gold loans, streams or hedges Off-balance sheet financing and complicated ✓
Slide 9: Q1-2026 – Continued Momentum, Aligned with Full-Year Guidance
Q1-2026 – CONTINUED MOMENTUM, ALIGNED WITH FULL-YEAR GUIDANCE PRODUCTION SALES (in AuEq oz) (in US$M, FYE Dec. 31) 32,838 32,229 398 Q1 production sets a first-quarter record: 27,050 28,948 19% increase compared to Q1-2025 24,955 284 250 154 Improved recoveries compared to Q1-2025 due to mill optimi
Slide 10: Optimising Peru Operations
OPTIMISING PERU OPERATIONS Operating efficiency initiatives are ongoing at the Chala plant in Peru to improve productivity, efficiency and gold recoveries. They include: ❑ Automated addition of chemical reagents (cyanide and caustic soda). ❑ Improved layout of cyclones. ❑ Improved layout of future t
Slide 11: Growing Outlook and Diversification Through New Processing Plants
GROWING OUTLOOK AND DIVERSIFICATION THROUGH OPENING OF NEW PROCESSING PLANTS 8T Ecuador of artisanal gold Senegal mined annually Svetlana Target Regions plant ❑ Expansion within LATAM: integrating new Ecuador plant ❑ Expansion into Africa: • Construction of pilot plant near- Peru complete in Senegal
Slide 12: Introducing the Svetlana Plant in Ecuador
INTRODUCING THE SVETLANA PLANT IN ECUADOR 12
Slide 13: Svetlana Plant in Ecuador – Prepping for Q4-2026 Launch
SVETLANA PLANT IN ECUADOR – PREPPING FOR Q4-2026 LAUNCH 2026 Guidance¹ First ore – Q4-2026 A fully permitted operating platform with room to grow: Capex - $22-$25M ❑ Plant built and permitted for 1,500 tpd but only operated to ~730 tpd max. (non continuously). ❑ Following initial ramp-up, the CIP pl
Slide 14: Potential Timeline for Svetlana Plant in Ecuador
POTENTIAL TIMELINE FOR SVETLANA PLANT IN ECUADOR 2025 2026 2027 2028 2029 2030 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 H1 H2 Plant upgrade Build and maintain supplier network Increase to 300 tpd Increase to 500 tpd Steady-state production of 500 tpd/+ DYNACOR CORE COMPETENCIES SHAREHOLDER VALUE ¹ Annual estim
Slide 15: Senegal Pilot Plant – First Ore Scheduled for June 2026
SENEGAL PILOT PLANT – FIRST ORE SCHEDULED FOR JUNE 2026 Construction of pilot plant +85% complete: • Concrete pour complete and steelwork progressing well • All major equipment delivered on site • Construction of tailings pond cell near-complete • Initial agreements signed with local ASM ore supplie
Slide 16: 2025 Improved Sustainability Performance
2025 IMPROVED SUSTAINABILITY PERFORMANCE Environment Total emissions intensity Social 8 0.045 7 0.04 17% 0.035 0.03 26% 6 5 0.025 4 reduction in emissions 0.02 reduction in LTIFR² 3 intensity¹ YoY through 0.015 YoY at Veta Dorada 2 0.01 increased use of 0.005 1 renewable energy 0 0 2023 2024 2025 20
Slide 17: Peru – A Powerhouse for ASM and Traditional Mining
PERU – A POWERHOUSE FOR ASM AND TRADITIONAL MINING BY THE NUMBERS Gold Of GDP; 60% of all exports 1st producer in LatAm; (large-scale mining) 10th worldwide Silver 80K ASM on REINFO (300K-500K miners) 2nd producer in LatAm; (registry allowing ASM to extract ore 3rd worldwide while pursuing legal for
Slide 18: Upcoming Catalysts
UPCOMING CATALYSTS H1-2026 H2-2026 • Quarterly financial / • Quarterly financial / operational updates operational updates • Senegal first ore feed and • Ecuador first ore feed and ramp-up ramp-up • Listing on the OTCQX Best • Delivery of production and Market financial guidance 18
Slide 19: Questions?
19 Questions? Ruth Hanna. Director, IR investors@dynacor.com +1 (514) 654 6759