TSX-V: CGLD $0.18 OTCQX: CGLDF $0.13 Gold: $1,512/oz Copper: $2.58/lb


2004 News

Vancouver, B.C. March 26, 2004 – Dynasty Metals & Mining Inc. (TSXV: DMM; the “Company”) announces a private placement of up to 250,000 units at a price of $0.75 per unit to raise proceeds of up to $187,500. Each unit comprises one common share and one half of a share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.85 per share for a period of one year.

This financing is subject to regulatory approval. TNo finder’s fee or commission will be paid in respect of it.he p Proceeds will be used for working capital and to fund on-going exploration and development of the Company’s three mineral properties, the Dynasty, Zaruma and Jerusalem properties.

About Dynasty Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador. For further information about the Company, please contact Murray Oliver at (604) 687-0888 Ext. 3 or info@pemcorp.com or visit the Company’s web-site at www.dynastymining.com

Dynasty Metals & Mining Inc.

“Wiliam McCartney”
William McCartney
Secretary and CFO

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