Effective 28 September 2017, Dynasty Metals & Mining Inc.’s name will be changed to Core Gold Inc. and its common shares will commence trading on the TSX Venture Exchange under the new trading symbol CGLD.
Keith Piggott, CEO, commented: “A year after our investment in the Company and changes to management and the Board of Directors, we are excited to turn the page to a new chapter. Our restructuring efforts have impacted all areas of the company, including gold production, exploration, our balance sheet, operating practices, cost efficiencies, employees and community and government relations. Our new name, Core Gold Inc., better defines our focus as a gold producer and our ‘core’ objectives: to be a leading gold producer in Ecuador, operating profitable mining units and applying sustainable, safe and environmentally friendly practices in the communities in which our projects are located, as well as building value for our shareholders through growth in production and investments in exploration. We believe the company is well positioned to overcome the challenges that new management inherited and move forward towards more stable production that will act as a platform for greater success and profitability.”
Concurrent with the name change, the company will also complete a continuation under the Business Corporations Act (British Columbia), and adopt new Notice of Articles and Articles of the company in connection therewith.
The name change and the Continuation were approved by shareholders at the Company’s annual general and special meeting held on 17 August 2017.