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Dynasty Reports Mine Incident

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/21/14 -- Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSX:DMM)(OTCQX:DMMIF) reports that on April 20, 2014 it safely evacuated all employees from the main decline, Cabo de Hornos (the "Mine"), at its Zaruma Gold Project, as a precautionary measure due to a significant amount of smoke that was being emitted by a generator which was located inside the Mine, near the portal entrance.

The smoke was produced as a result of a poor fuel mix in the generator, and although a significant amount of smoke was emitted there was no fire in the Mine or generator. The evacuation of the Mine meant that the Company missed the day shift of mining operations, however mine operations were quickly recommenced and is now operating as usual.

The company thanks the government for their cooperation on this matter.

About Dynasty Metals & Mining

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

The Company is currently focused on developing its Zaruma Gold Project, at which the Company is in production. The Company also has the following non-producing assets: the Jerusalem Project and Dynasty Goldfield Project.

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

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