Dated November 2nd 2016, it was sent to Peru’s Ministry of Energy and Mining (MEM) by the relevant Peruvian regional authority, the Government of Arequipa (and duly received by registered mail on November 3rd). It told the MEM that the concession for the Dynacor Gold (DNG.to) property in Peru, “Veta Dorada”, was awarded to the company (because they tried to use a sneaky shortcut) and according to both law and the firm opinion of the regional authority, the concession is invalid. It also states that the Regional Government of Arequipa is about to start legal action in order to get its incorrectly awarded concession back, i.e. take it away from Dynacor Gold.
Strange how DNG.to hasn’t mentioned this to its shareholders yet, isn’t it?