June 11 (Reuters) - Dynacor Gold Mines Inc DNG.TO :
* DYNACOR SIGNS LETTER OF INTENT TO GLOBALLY EXPAND ITS ORE-PURCHASING AND PROCESSING BUSINESS
* DYNACOR GOLD MINES INC - NEW COMPANY WOULD START BY BUILDING AN UPGRADABLE ORE-PROCESSING PLANT IN SENEGAL
* DYNACOR GOLD MINES INC - DYNACOR IS TO OPERATE PLANT AND OWN MAJORITY OF COMPANY WITH 51% OWNERSHIP
* DYNACOR GOLD MINES INC - SETTING IN MOTION TO STRATEGICALLY EXPAND ITS BUSINESS GLOBALLY BY FORMING A JOINTLY-OWNED COMPANY TO OPERATE IN SENEGAL
* DYNACOR GOLD MINES INC - KN EQUIPMENTS INC. AND FONSIS WILL OWN BALANCE AT 25% AND 24% RESPECTIVELY.
* DYNACOR GOLD MINES INC - BUDGET TO BUILD 100-150 TPD PLANT IS APPROXIMATELY USD 10 MILLION
* DYNACOR GOLD MINES INC - SIGNED A LETTER OF INTENT WITH "KN EQUIPMENTS INC." AND "FONDS SOUVERAIN D'INVESTISSEMENTS STRATÉGIQUES" OF SÉNÉGAL