Dynacor CEO Jean Martineau to retire, Daniel Misiano to succeed

Jean Martineau, the long-serving President and Chief Executive Officer of Dynacor Gold Mines Inc., a Canadian ore processing and exploration company, will retire from his executive roles on May 31, 2024. The company's board of directors has appointed Daniel Misiano, the current Chief Financial Officer, to succeed Martineau as President and CEO, effective June 1, 2024. This planned leadership transition, announced from the company's headquarters in Montreal, Canada, is part of a structured succession strategy to ensure continuity and guide Dynacor through its next phase of operational growth and strategic development. Martineau has been a pivotal figure at Dynacor for over a decade, steering the company through significant expansion of its core gold ore processing operations in Peru. Under his leadership, Dynacor established itself as a reliable partner for artisanal and small-scale miners, consistently increasing its processing capacity and financial performance. His tenure is marked by a focus on operational efficiency and sustainable, socially responsible mining practices, which have become cornerstones of the company's business model. The incoming CEO, Daniel Misiano, brings a deep understanding of the company's finances and strategic direction, having served as CFO since 2021 and been involved with Dynacor for several years prior. The board expressed confidence that his financial acumen and intimate knowledge of the company's operations in Latin America will provide a seamless transition. This change in leadership comes as Dynacor continues to execute its growth plans, which include potential expansion projects and optimizing its existing asset base to enhance shareholder value in the evolving precious metals market.