Dynacor signs an engagement letter of up to CA$5 million with D&D Securities Company to finance its new subsidiary

    Symbol: DYN
    Toronto Stock Exchange

    MONTREAL, March 21 /CNW Telbec/ - Further to the February 20, 2007 press
release by which the Company announced the amalgamation of its gold
activities, Dynacor is pleased to announce it has engaged D&D Securities
Company ("D&D") of Toronto, Ontario as lead agent for a best efforts offering
of units for a maximum amount of $5,000,000. Each unit will consist of one
common share and one-half of one common share purchase warrant. The proceeds
of the offering will be used for exploration on the Tumipampa and Casaden gold
properties and working capital.
    The agent will receive a cash payment equal to 7% of the gross proceeds
raised plus broker warrants to purchase that number of units equal to 7% of
the total number of units sold in the offering. The offering is subject to
certain conditions including, but not limited to, the receipt of all
regulatory approvals, including that of Toronto Stock Exchange.

For further information:

For further information: Marc Blais, President Dynacor Mines Inc., (450)
667-3224; Jean Martineau, Chairman of the Board Dynacor Mines Inc., (450)
667-3224; Renmark Financial Communications Inc.: Danielle Velez,
dvelez@renmarkfinancial.com; Christina Lalli, clalli@renmarkfinancial.com;
Medias - Vanessa Napoli, vnapoli@renmarkfinancial.com; (514) 939-3989, Fax:
(514) 939-3717; www.renmarkfinancial.com

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