On February 19, 2009, Dynasty Metals & Mining Inc. (TSX:DMM) reported the closing of its previously-announced underwritten private placement of 2,500,000 common shares at a price of $4.00 per share for gross proceeds of $10,000,000. The offering was underwritten by Cormark Securities Inc., as lead underwriter, and Canaccord Capital Corporation.

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

Dynasty was advised in this transaction by a team from Fasken Martineau that included Susan McLeod, Mitch McCormick and Benjamin Lee.