DMM - Dynasty To Trade On The Toronto Stock Exchange

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".

Vancouver, BC (PRWEB) August 2, 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.

This news release includes "forward-looking information", as such term is defined in applicable securities laws. The forward-looking information includes, without limitation, statements relating to the economic feasibility of, and the nature and timing of mine construction and mining operations at, the Company's Zaruma Gold Project; and other similar statements concerning anticipated future events, conditions or results that are not historical facts. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance.

The Company cautions that all forward-looking information is inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among others, risks and uncertainties relating to exploration and development; the ability of the Company to obtain additional financing; the Company's limited operating history; the need to comply with environmental and governmental regulations; political and economic instability and general civil unrest in Ecuador; potential defects in title to the Company's properties; fluctuations in currency exchange rates; fluctuating prices of commodities; operating hazards and risks; competition; and other risks and uncertainties, including those described in the Company's Annual Information Form dated February 19, 2007 filed with the Canadian Securities Administrators and available at www.sedar.com.

Accordingly, actual future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking information.

________________________________________________________________________________________

Web Links:

Home Page - www.dynastymining.com/

About Ecuador - www.dynastymining.com/ecuador/ Properties - www.dynastymining.com/properties/ Management - www.dynastymining.com/management/ Investor Relations - www.dynastymining.com/investors/ Contact Us - www.dynastymining.com/contact/

For more information on Dynasty Metals and Mining visit www.dynastymining.com or contact:

Dynasty Metals & Mining Inc.

Suite 270 - 666 Burrard Street

Vancouver, B.C. V6C 2X8

Phone: 604-687-0888

Fax: 604-687-0885

Email: info @ dynastymining.com

Dynasty Mining

###