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Rescue mission for Dynasty

Ecuador-focused Dynasty Metals and Mining led the pack in Toronto this week as shareholders rejoiced in a private placement that could rescue the cash-strapped miner for the near term.

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Dynasty began producing gold at its flagship Zaruma mine in Ecuador in 2011

Three directors of Mexico-focused Goldgroup Mining – Javier Reyes, Gregg Sedun, and Keith Piggott – have agreed to inject US$4 million into the gold miner in return for a bigger say in its future

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