TSX-V: CGLD $0.23 OTCQX: CGLDF $0.16 Gold: $1,340/oz Copper: $2.63/lb


2007 News

Vancouver, BC, August 1, 2007 - Dynasty Metals & Mining Inc. (TSXV: DMM, the "Company") is pleased to announce that its common shares will be listed for trading on the Toronto Stock Exchange, the senior equity trading market in Canada, effective at the opening of trading, Thursday, August 2, 2007. The Company will retain its current trading symbol, "DMM".

"Graduating to the Toronto Stock Exchange marks another milestone in our corporate development," said President and CEO, Robert Washer. "The TSX offers a more liquid market and greater national and international exposure, which should benefit our existing shareholders and help to attract new retail and institutional investors. We look forward to the benefits of this listing as we continue to develop our mineral projects in Ecuador."

The Company is debt-free, with 27,752,671 shares outstanding, and approximately CDN$14 million in cash.

About Dynasty Metals & Mining

Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador.

The Company has two advanced-stage projects, Jerusalem and Zaruma, and a highly prospective exploration project, the Dynasty Copper-Gold Belt, which includes the Dynasty Goldfield, the Copper Duke Project and the Marianna Joint Venture among other prospects.

Dynasty Metals & Mining Inc.
Robert Washer, President and CEO

For further information please visit the Company's website at www.dynastymining.com, or

Dynasty Metals & Mining Inc.
Murray Oliver
Tel: (604) 687-0888
Email: info@dynastymining.com
Brisco Capital Partners Corp.
Gordon Aldcorn
Tel: (403) 262-9888
Email: Gordon@briscocapital.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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