Dynacor Reduces Debt With a $1.0 M US Prepayment

MONTREAL, QUEBEC--(Marketwired - Aug. 16, 2017) - Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) (all amounts refer to US dollars) a Corporation with gold ore processing operations and exploration projects in Peru, is pleased to announce it has recently made a partial prepayment of $1.0 million on its outstanding long-term senior secured credit facilities (the "Facility"). The principal is due only in January of 2019 without any specific capital repayment during its term. Following this prepayment, the current outstanding debt amounts to $5.33 million dollars.