(DMM.TO, DMMIF)
Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration, development and production of gold and silver on mineral properties in Ecuador.
Share Structure as of Dec 31 2016
Shares Outstanding: 87,828,832
Warrants Outstanding: 3,000,000 exercisable @ $0.15 expiry date Sept. 15, 2018.
Options : 8,326,000
55,000 @ $3.00 expiry date Feb 7 2017
150,000 @ $4.50 expiry date Feb 23 2017
45,000 @ $3.00 expiry date Sept 17, 2017
1,490,000 @ $0.64 expiry date July 16, 2018
623,000 @ $0.89 expiry date Jan 1 2019
35,000 @ $1.48 expiry Jun19 2019
25,000 @ $1.61 expiry July 28 2019
1,678,000 @ $0.92 expiry date Nov 21 2019
125,000 @ $0.79 expiry date Apr 8 2020
50,000 @ $0.36 expiry date Mar 14 2021
4,050,000 @ $0.23 expiry date Dec 7 2021
Promissory Notes : (Held by Vertex Managed Value Portfolio and Vertex Enhanced Income Fund)
1. Promissory notes in the aggregate principal amount of $1.5-million (U.S.) bearing interest at 12 per cent per annum and maturing on Sept. 15, 2017;
2. Promissory notes in the aggregate principal amount of $1.5-million (U.S.) bearing interest at 12 per cent per annum and maturing on Sept. 15, 2018;
3. Freely assignable convertible promissory notes in the aggregate principal amount of $1-million (U.S.) bearing interest at 12 per cent per annum and maturing on Sept. 15, 2018, convertible into common shares of the company at 30 cents per share; (4,333,333 shares @ $1.30 CDN/US exchange rate)
Convertible Debenture : (Held by Credipresto SAPI de CV SOFOM ENR)
$1-million (U.S.) convertible secured subordinated debenture at 12 per cent per annum and maturing Jan. 2019. $0.25 per share conversion rate, based on the noon Bank of Canada Canadian-dollar/U.S.-dollar exchange rate on the date immediately preceding the closing of the offering; Secured through a pledge of all of the issued and outstanding share capital of Elipe SA, an indirect wholly owned subsidiary of the company, ranking behind the Vertex loans outstanding; Based on current exchange rates, if the convertible debenture is fully converted into common shares of the company, approximately 5,317,200 common shares of the company would be issuable to Credipresto.
Shares Fully Diluted: 108,805,365
Resources
Company web site
Corporate presentation (pdf)
DMM spreadsheet
Jerusalem Project - Preliminary Economic Evaluation
Interview with Robert Washer (2012)
Zaruma: Main North West Decline progress | Proposed Declines | Tamayo Vein | Veins
Regional Geological Map
Charts: Daily - Weekly - Weekly II - Monthly |
