Dynamic Announces Filing of 2008 Reserves Information and Outstanding Disclosure

• Press Release
• Source: Dynamic Resources Corp.
• On 5:04 pm EDT, Thursday July 2, 2009

LAS VEGAS, NV--(Marketwire - 07/02/09) - Dynamic Resources Corp. (Pinksheets:DYRFF - News) (CNSX: DYR) ("Dynamic" or the "Company") wishes to announce that it has filed its Statement of Reserves Data and Other Oil and Gas Information (the "Report") as mandated by National Instrument 51-101 of the Canadian Securities Administrators.

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Symbol	Price	Change
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In addition, Dynamic announces that the filing of the Report coincides with the filing of its financial statements, management's discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2008 and three month period ended March 31, 2009 (collectively, the "Required Disclosure"). By way of press release dated April 23, 2009, Dynamic announced a delay in the preparation and filing of the Required Disclosure and subsequently applied for and received a Management Cease Trade Order issued by the Alberta Securities Commission on May 1, 2009 (the "MCTO") allowing the Company additional time to prepare and file the Required Disclosure. Dynamic expects that with the filing of the Required Disclosure and the Report, the Alberta Securities Commission will revoke the MCTO and Dynamic will be removed from the defaulting issuer's list in Ontario and British Columbia.

Information Regarding Forward-Looking Statements:

This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: (i) the inherent uncertainties and speculative nature associated with oil and gas exploration; (ii) any number of events or causes which delay or cease exploration and development of Dynamic's property interests such as environmental liabilities, weather, mechanical failures, safety concerns, labour problems and financing problems; (iii) changes in economic conditions, adverse exchange rates and financial markets; (iv) the risk that Dynamic does not execute its business plan; (v) the inability to retain key employees; (vi) changes in the prices of oil and gas; (vii) Dynamic's inability to finance its operations or growth; and (viii) the inability to obtain all necessary government, environmental and regulatory approvals. These forward-looking statements are made as of the date of this news release and Dynamic assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, otherwise than as required by applicable law. Although Dynamic believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in Dynamic's periodic reports filed from time-to-time at www.sedar.com

 
For further information, please contact:
Robert Fedun
President and CEO
(702) 743-1343
Website: www.dynamicresourcescorp.com