Dynacor Mines Inc. (dynacor)
Symbol: DYN
Toronto Stock Exchange

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

Montr�al, Qu�bec, March 21, 2007 - Further to the February 20, 2007 press release by which the Company announced the amalgamation of its gold activities, Dynacor (TSX: DYN) 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 more information, please contact:

Marc Blais, President 
Dynacor Mines Inc. 
450 667-3224 

Jean Martineau, Chairman of the Board
Dynacor Mines Inc.
450 667-3224

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