10-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-Q

(Mark One)

[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2015

or

[   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to

Commission File Number: 000-52417

DYNAMIC GOLD CORP.
(Exact name of registrant as specified in its charter)

NEVADA
(State or other jurisdiction of organization) (I.R.S. employer identification no.)

1610-675 West Hastings Street, Vancouver, British Columbia, V6B 1N2 Canada
(Address of principal executive offices) (Zip code)

604-681-3131
(Registrant’s telephone number, including area code)

None
(Former name, former address, and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [ X ] No [   ]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes [ X ] No [   ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer [   ]                                                                                                                         Accelerated filer [   ]
Non-accelerated filer [   ] (Do not check if a small reporting company)                            Small reporting company [ X ]

Indicate by checkmark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [ X ] No [   ]

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

 Class                                                                                                                                        Outstanding as of May 12, 2015
Common stock, $0.001 par value                                                                                                                                 9,885,000

DYNAMIC GOLD CORP.
FORM 10-Q
TABLE OF CONTENTS

PART 1. FINANCIAL INFORMATION	3
ITEM 1. INTERIM CONSOLIDATED FINANCIAL STATEMENTS	3
ITEM 2 - MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS	10
ITEM 3 - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK	14
ITEM 4 – CONTROLS AND PROCEDURES	14
(a) Evaluation of Disclosure Controls and Procedures	14
(b) Internal control over financial reporting	15
PART II – OTHER INFORMATION	15
ITEM 1 – LEGAL PROCEEDINGS	15
ITEM 1A. RISK FACTORS	15
ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS	16
ITEM 3 – DEFAULTS UPON SENIOR SECURITIES	16
ITEM 4 – SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS	16
ITEM 5 – OTHER INFORMATION	16
ITEM 6 – EXHIBITS	16
SIGNATURE	17

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PART 1. FINANCIAL INFORMATION
ITEM 1. INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Dynamic Gold Corp.
Interim Consolidated Balance Sheets
(Expressed in U.S. Dollars)
	As at		As at
	31 March		30 June
	2015		2014
	(Unaudited)		(Audited)
	$		$
Assets
Current
Cash	1,280		8,096
Liabilities
Current
Accounts payable and accrued liabilities (Note 4)	12,684		8,971
Stockholders’ deficiency
Capital stock (Note 5)
Authorized
75,000,000 common shares, $0.001 par value
Issued and outstanding
31 March 2015 – 9,885,000 common shares
30 June 2014 – 9,850,000 common shares	9,885		9,850
Additional paid-in capital	899,115		816,450
Deficit, accumulated during the exploration stage	(920,404	)	(827,175	)
	(11,404	)	(875	)
	1,280		8,096

Nature and Continuance of Operations (Note 1)

On behalf of the Board:

/ s / Tim Coupland    Director / s / Edward Burylo    Director

The accompanying notes are an integral part of these interim consolidated financial statements.

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Dynamic Gold Corp.

Interim Consolidated Statements of Operations

(Expressed in U.S. Dollars)

(Unaudited)

	For the three		For the three		For the nine		For the nine
	month		month		month		month
	period ended		period ended		period ended		period ended
	31 March		31 March		31 March		31 March
	2015		2014		2015		2014
	$		$		$		$
Expenses
Bank charges and interest	56		50		199		202
Consulting	2,452		-		7,141		-
Filing and financing fees	3,251		3,075		13,210		13,944
Legal and accounting	6,547		1,857		11,569		6,056
Management fees (Note 6)	15,000		15,000		45,000		45,000
Office and miscellaneous	(318	)	(114	)	(1,391	)	(163	)
Regulatory fees	-		-		7,500		-
Rent (Note 6)	900		900		2,700		2,700
Travel	-		-		7,301		-
Write-off of accounts payable (Note 4)	-		-		-		(2,238	)
Net loss	(27,888	)	(20,768	)	(93,229	)	(65,501	)
Basic and diluted loss per common share	(0.00	)	(0.00	)	(0.01	)	(0.01	)
Weighted average number of common shares outstanding	9,855,000		9,836,461		9,872,957		9,823,425

The accompanying notes are an integral part of these interim consolidated financial statements.

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Dynamic Gold Corp.

Interim Consolidated Statements of Cash Flows

(Expressed in U.S. Dollars)

(Unaudited)

	For the nine month		For the nine month
	period ended		period ended
	31 March 2015		31 March 2014
	$		$
Cash flows from operating activities
Net loss	(93,229	)	(65,501	)
Adjustments to reconcile loss to net cash used by operating activities
Contributions to capital by related party (Note 6)	47,700		47,700
Write-off of accounts payable (Note 4)	-		(2,238	)
Changes in operating assets and liabilities
Increase (decrease) in accounts payable and accrued liabilities	3,713		(16,011	)
	(41,816	)	(36,050	)
Cash flows from financing activities
Issuance of common shares for cash	35,000		40,000
	35,000		40,000
Increase (decrease) in cash	(6,816	)	3,950
Cash, beginning of period	8,096		1,369
Cash, end of period	1,280		5,319

Supplemental Disclosures with Respect to Cash Flows (Note 7)

The accompanying notes are an integral part of these interim consolidated financial statements.

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Dynamic Gold Corp.

Interim Consolidated Statements of Changes in Stockholders’ Deficiency

(Expressed in U.S. Dollars)

(Unaudited)

				Deficit,
				accumulated
	Number of		Additional	during the		Total
	shares	Capital	paid-in	exploration		stockholders’
	issued	stock	capital	stage		deficiency
		$	$	$		$
Balance at 30 June 2013	9,800,000	9,800	702,900	(737,793	)	(25,093	)
Contributions to capital by related party (Note 6)	-	-	47,700	-		47,700
Common shares issued for cash ($1.00 per share) (Note 5)	40,000	40	39,960	-		40,000
Net loss	-	-	-	(65,501	)	(65,501	)
Balance at 31 March 2014	9,840,000	9,840	790,560	(803,294	)	(2,894	)
Contributions to capital by related party			15,900	-		15,900
Common shares issued for cash ($1.00 per share) (Note 5)	10,000	10	9,990	-		10,000
Net loss				(23,881	)	(23,881	)
Balance at 30 June 2014	9,850,000	9,850	816,450	(827,175	)	(875	)
Contributions to capital by related party (Note 6)	-	-	47,700	-		47,700
Common shares issued for cash ($1.00 per share) (Note 5)	35,000	35	34,965	-		35,000
Net loss	-	-	-	(93,229	)	(93,229	)
Balance at 31 March 2015	9,885,000	9,885	899,115	(920,404	)	(11,404	)

The accompanying notes are an integral part of these interim consolidated financial statements.

6

Dynamic Gold Corp.

(An Exploration Stage Company)

Notes to the Interim Consolidated Financial Statements

(Expressed in U.S. Dollars)

(Unaudited)

31 March 2015

1. Nature and Continuance of Operations

Dynamic Gold Corp. (the “Company”) was incorporated under the laws of the State of Nevada on 21 January 2004 and is in the exploration stage.

These interim consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company is an exploration stage enterprise, as defined in Accounting Standards Codification (the “Codification” or “ASC”) 915-10, “Development Stage Entities”. The Company is devoting all of its present efforts in establishing a new business, and its planned principle operations have not commenced, and, accordingly, no revenue has been derived during the organization period.

These interim consolidated financial statements do not include all information and footnotes required by GAAP for complete financial statements. Except as disclosed herein, there have been no material changes in the information disclosed in the notes to the financial statements for the year ended 30 June 2014, included in the Company’s Annual Report on Form 10-K, filed with the SEC. The interim unaudited financial statements should be read in conjunction with those financial statements for the year ended 30 June 2014 included in the Company’s Annual Report on Form 10-K. In the opinion of management, all adjustments considered necessary for fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the nine months ended 31 March 2015, are not necessarily indicative of the results that may be expected for the year ending 30 June 2015.

The Company is in the business of acquiring and exploring mineral properties. The recoverability of the amounts expended by the Company on acquiring and exploring mineral properties is dependent upon the existence of economically recoverable reserves, the ability of the Company to complete the acquisition and/or development of the properties and upon future profitable production.

The Company’s interim consolidated financial statements as at 31 March 2015 and for the nine month period then ended have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company has a loss of $93,229 for the nine month period ended 31 March 2015 (2014 – $65,501) and has a working capital deficit of $11,404 at 31 March 2015 (30 June 2014 – working capital deficit of $875).

Management cannot provide assurance that the Company will ultimately achieve profitable operations or become cash flow positive, or raise additional debt and/or equity capital. Management believes that the Company’s capital resources should be adequate to continue operating and maintaining its business strategy during the fiscal year ending 30 June 2015. However, if the Company is unable to raise additional capital in the near future, due to the Company’s liquidity problems, management expects that the Company will need to curtail operations, liquidate assets, seek additional capital on less favourable terms and/or pursue other remedial measures. Management is aware, in making its assessment, of material uncertainties related to events or conditions that may cast substantial doubt upon the Company’s ability to continue as a going concern.

At 31 March 2015, the Company had incurred losses from exploration activities to date. Although management is currently attempting to implement its business plan, and is seeking additional sources of equity or debt financing, there is no assurance these activities will be successful. Accordingly, the Company must rely on its president to perform essential functions without compensation until a business operation can be commenced.

7

Dynamic Gold Corp.

(An Exploration Stage Company)

Notes to the Interim Consolidated Financial Statements

(Expressed in U.S. Dollars)

(Unaudited)

31 March 2015

These factors raise substantial doubt about the ability of the Company to continue as a going concern. The interim consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

2. Recent Accounting Pronouncement

The Company has elected to early adopt the guidance in FASB Topic 915 and no longer provides the disclosure for development stage companies. Accordingly, the figures for the period from inception to the current period are no longer provided.

In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists”, which is intended to eliminate the diversity that is in practice with regard to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. ASU No. 2013-11 is effective for fiscal years and interim periods within those years, beginning after 15 December 2014, with early adoption permissible. The adoption of this update is not expected to have a material impact on the Company’s interim consolidated financial statements.

Other recent accounting pronouncements with future effective dates are not expected to have an impact on the Company’s financial statements.

3. Mineral Property

During the year ended 30 June 2008, the Company acquired, through its wholly owned subsidiary, a 100% undivided rights, title and interest in and to two gravel claims called the Northern Gravel Claims and Super Mammoth Gravel Claims (the “Super Mammoth Gravel Project”) situated along the Homfray Channel at Lloyd Point on the south coast of British Columbia, Canada for $25,000. The Super Mammoth Gravel Project consists of two mineral claim tenures that are approximately 124.1 hectares (“ha”) each in size (total 248.2 ha). The claims are currently in good standing until their respective anniversary dates which are 6 November 2015 (Northern Gravel Claims) and 19 January 2016 (Super Mammoth Claim). The acquisition cost of $25,000 was initially capitalized as a tangible asset. During the year ended 30 June 2008, the Company recorded a write-down of mineral property acquisition costs of $25,000 related to the Super Mammoth Gravel Project.

The Company had no expenditures related to the Super Mammoth Gravel Project for the nine month period ended 31 March 2015 (2014 - $Nil).

4. Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities are non-interest bearing, unsecured and have settlement dates within one year.

During the nine month period ended 31 March 2015, the Company wrote off accounts payable balance in the amount of $Nil (2014 – $2,238) related to finance charges that were forgiven by the vendor.

8

Dynamic Gold Corp.

(An Exploration Stage Company)

Notes to the Interim Consolidated Financial Statements

(Expressed in U.S. Dollars)

(Unaudited)

31 March 2015

5. Capital Stock

Authorized

The total authorized capital is 75,000,000 common shares with a par value of $0.001.

Issued and outstanding

At 31 March 2015, the total issued and outstanding capital stock is 9,885,000 common shares with a par value of $0.001 per common share (30 June 2014 – 9,850,000).

On 17 December 2014, the Company completed a private placement of 10,000 common shares at a price of $1.00 per share for total proceeds of $10,000.

On 27 August 2014, the Company completed a private placement of 25,000 common shares at a price of $1.00 per share for total proceeds of $25,000.

On 27 May 2014, the Company completed a private placement of 10,000 common shares at a price of $1.00 per share for total proceeds of $10,000.

On 21 January 2014, the Company completed a private placement of 15,000 common shares at a price of $1.00 per share for total proceeds of $15,000.

On 28 August 2013, the Company issued 25,000 common shares at a price of $1.00 per share for total proceeds of $25,000.

6. Related Party Transactions

During the nine month period ended 31 March 2015, an officer and director of the Company made contributions to capital for management fees in the amount of $45,000 (2014 – $45,000) and for rent in the amount of $2,700 (2014 – $2,700) (Note 7).

7. Supplemental Disclosures with Respect to Cash Flows

	For the	For the
	nine month	nine month
	period ended	period ended
	31 March 2015	31 March 2014
	$	$
Cash paid during the period for interest	-	-
Cash paid during the period for income taxes	-	-

During the nine month period ended 31 March 2015, an officer and director of the Company made contributions to capital for management fees in the amount of $45,000 (2014 – $45,000) and for rent in the amount of $2,700 (2014 – $2,700) (Note 6).

9

ITEM 2 - MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The terms “Dynamic Gold”, “Company”, “we”, “our”, and “us” refer to Dynamic Gold Corp. and its subsidiary, as a consolidated entity, unless the context suggests otherwise.

FORWARD-LOOKING STATEMENTS

This Quarterly Report on Form 10-Q includes “forward-looking statements” as defined by the Securities and Exchange Commission, or SEC. We make these forward-looking statements in reliance on the safe harbor protections provided under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this Form 10-Q that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are based on assumptions which we believe are reasonable based on current expectations and projections about future events and industry conditions and trends affecting our business. However, whether actual results and developments will conform to our expectations and predictions is subject to a number of risks and uncertainties that, among other things, could cause actual results to differ materially from those contained in the forward-looking statements, including without limitation the Risk Factors set forth in our Annual Report on Form 10-K for the year ended June 30, 2014 including the following:

• our failure to obtain additional financing;

• our inability to continue as a going concern;

• the unique difficulties and uncertainties inherent in the mineral exploration business;

• the inherent dangers involved in mineral exploration;

• our President’s and Secretary/Treasurer’s inability to devote a significant amount of time to our business operations;

• environmental, health and safety laws in British Columbia;

• local and multi-national economic and political conditions;

• natural hazards on the Coast of British Columbia, Canada; and

• our common stock.

General

On January 8, 2008, we acquired, through our wholly owned subsidiary, Dynamic Gravel Holdings Ltd., a 100% interest in two gravel claims called the Northern Gravel Claims and Super Mammoth Gravel Claims (together the “Super Mammoth Gravel Project”) situated on tidewater for $25,000. The Super Mammoth Gravel Project was acquired by way of a purchase agreement. Mr. Farshad Shirvani has been paid CDN$25,000. Mr. Farshad Shirvani will receive no further payments from the Company.

The Super Mammoth Gravel Project consists of two mineral claim tenures that are approximately 124.1 hectares (“ha”) each in size (total 248.2 ha). A detailed report used in obtaining aggregate samples has been filed and accepted by the British Columbia’s Gold Commissioner’s office in September 2007. The claims are currently in good standing until their respective anniversary dates which are November 6, 2015 (Northern Gravel Claims) and January 19, 2016 (Super Mammoth Claim). The acquisition cost of $25,000 was initially capitalized as a tangible asset. During the year ended June 30, 2008, the Company recorded a write-down of mineral property acquisition costs of $25,000 related to the Super Mammoth Gravel Project.

The Super Mammoth Gravel Project is located at Lloyd Point on the east arm of Toba Inlet situated 50 kilometers east of Campbell River, British Columbia, Canada and 28 kilometers north of Powell River, British Columbia, on the British Columbia mainland. The existence of the Super Mammoth gravel deposit has been identified by Lands and Water British Columbia Inc. and has been the subject of numerous preliminary investigations over the years, with the potential to host year-round future sand and gravel aggregate operations with tidewater access. The potential operation could supply growing demand for a range of raw materials to British Columbia, Washington State, California and other United States and Pacific Rim coastal construction markets. The Super Mammoth Gravel Project is situated from sea level to approximately 300 meters in elevation that comprises a sorted accumulation of sand and gravel.

10

On June 5, 2008, a comprehensive National Instrument 43-101 compliant report (the “report”) on the Super Mammoth Gravel Project was completed. The report was prepared in accordance with the guidelines of National Instrument 43-101 “Standards of Disclosure for Mineral Projects” and is based on data and geological information gathered from public sources, assessment files, historical information, British Columbia provincial government maps and reports. The source information of data presented in the report discusses the geology and mineral potential of the Super Mammoth Gravel project and is believed to be reliable and accurate.

To date we have not performed any other work on our property. There is no assurance that a commercially viable mineral deposit exists on our property until further exploration is done and a comprehensive evaluation concludes economic feasibility.

Because Dynamic is an exploration stage company, in the event mineral deposits are confirmed as discovered on the Super Mammoth Gravel Project, we will not have the capability to remove and supply construction aggregate. When exploration stage companies discover mineral deposits, which are a rare occurrence, they typically sell their interest in the property to larger exploration, development or production stage mining companies, or they enter into a joint venture arrangement. The larger companies are then responsible for operating the property as a sand and gravel quarry or a mine. If a mineral deposit is discovered on the Super Mammoth Gravel Project, management anticipates entering into a similar arrangement with a more senior mining company.

Management’s plan of operation is to review the current market conditions and determine whether the Super Mammoth Gravel Project contains targets for future mineral exploration and development. The recoverability of amounts from the property will be dependent upon discovering economically recoverable reserves with specifications which are suitable for commercial products as defined by ASTM and CSA. Considerable further investigation will be required to establish the size of the deposit towards understanding its economic viability, the environmental concerns of the area and the social impact on various stakeholders.

Management anticipates the Company will be engaged in the acquisition, and exploration of additional mineral properties with a view to the exploitation of any mineral deposits discovered that demonstrate economic feasibility. Exploitation of a mineral deposit occurs when the company overseeing production processes rock or minerals from the property in order to remove and sell the contained resource in the deposit.

As an exploration stage company, we are engaged in the search for mineral deposits (reserves). We are not a development stage company involved in the preparation of an established commercially minable deposit for its extraction or a production stage company engaged in the exploitation of a mineral deposit.

Plan of Operations

Our plan of operation for the next year is to complete the recommended phase one exploration program on the Super Mammoth Gravel Project. According to his geology report, Mr. Payie estimates that the first phase, consisting of mapping, sampling and a five (5) kilometer seismic geophysical program towards obtaining a model of the three (3) dimensional shape of the deposit will cost approximately $100,000. This phase of the program will involve the work of one geologist and assistant for ten (10) days and an additional four (4) man crew performing line cutting for approximately seven (7) days.

We will then commence the second phase of exploration. This phase will consist of a drilling program to determine the shape (volume) of the deposit and quality of the material and will take an additional month to complete. It will entail at least two (2) additional weeks of work for the six (6) man crew which includes a qualified geologist, one (1) assistant and four (4) crew members. This phase has an estimated cost of $200,000.

We do not have any arrangement with a qualified geologist to oversee these programs. However, subject to availability, we intend to retain Mr. Payie. He will be responsible for hiring any additional personnel needed for the exploration programs.

11

As well, we anticipate spending an additional $50,000 on administrative fees, including professional fees payable in connection with the filing of this registration statement and complying with reporting obligations. Total expenditures over the next twelve (12) months are therefore expected to be approximately $525,000.

There is limited historical financial information about the Company upon which to base an evaluation of its performance. The Company is an exploration stage enterprise and has not generated any revenues from operations. The Company cannot guarantee it will be successful in its business operations. The Company’s business is subject to risks inherent in the establishment of a new resource exploration company, including limited capital resources, unanticipated problems relating to exploration and additional costs and expenses that may exceed current estimates. To become profitable the Company will attempt to implement its plan of operation as detailed above.

Our cash reserves are not sufficient to meet our obligations for the next twelve-month period. As a result, we will need to seek additional funding in the near future. We currently do not have a specific plan of how we will obtain such funding. However, we anticipate that additional funding will be in the form of equity financing from the sale of our common stock. As well, our management is prepared to provide us with short-term loans.

We cannot provide investors with any assurance that we will be able to raise sufficient funding from the sale of our common stock or through a loan from our directors to meet our obligations over the next twelve months. We do not have any arrangements in place for any future equity financing.

If we do not secure additional funding for exploration expenditures, we may consider seeking an arrangement with a joint venture partner that would provide the required funding in exchange for receiving a part interest in the Super Mammoth Gravel Project. We have not undertaken any efforts to locate a joint venture partner. There is no guarantee that we will be able to locate a joint venture partner who will assist us in funding exploration expenditures upon acceptable terms.

If we are unable to arrange additional financing or find a joint venture partner for the Super Mammoth Gravel Project, our business plan will fail and operations will cease.

Results of Operations for the Nine Month Period Ending March 31, 2015

We have not earned any revenues from our incorporation on January 21, 2004 to March 31, 2015. We have not commenced the exploration stage of our business and can provide no assurance that we will discover economic mineralization on the property.

The Company’s net loss for the nine month period ended March 31, 2015 was $93,229 compared to a net loss of $65,501 for the nine month period ended March 31, 2014. The increase in net loss for the nine month period ended March 31, 2015 is mainly attributed to increase in consulting fees and regulatory fees related to the Company’s listing on the OTCQB market.

There were no mineral property expenditures related to the Super Mammoth Gravel Project for the nine month periods ended March 31, 2015 and 2014. The Company did not conduct exploration activities during these periods.

Legal and accounting fees increased by $5,513 to $11,569 for the nine month period ended March 31, 2015 from $6,056 for the nine month period ended March 31, 2014. The increase in legal and accounting fees over the period is due mainly to increased professional fees incurred to prepare and file our regulatory quarterly and annual filings with the British Columbia Securities Commission and the United States Securities and Exchange Commission.

During the nine month period ended March 31, 2015, an officer and director of the Company made contributions to capital for management fees in the amount of $45,000 (2014 - $45,000) and for rent in the amount of $2,700 (2014 - $2,700).

12

We have not attained profitable operations and are dependent upon obtaining financing to pursue exploration activities. For these reasons our auditors believe that there is substantial doubt that we will be able to continue as a going concern.

Liquidity and Capital Resources

At March 31, 2015, we had cash on hand of $1,280 and liabilities of $12,684 consisting of accounts payable and accrued liabilities.

Our cash reserves are not sufficient to meet our obligations for the next twelve-month period. We will require additional funding in order to cover all anticipated administration costs and to proceed with the phase one and two of stage one exploration program that is estimated to cost $100,000, as well as the stage two drilling program on the property, estimated to cost $200,000. We do not have any arrangements in place for any future equity financing and there is no guarantee we will be able to obtain the funding necessary to continue as a going concern.

Capital Expenditures

The Company expended no amounts on capital expenditures for the period from inception to March 31, 2015. At present there are no transactions being contemplated by management or the board that would affect the financial condition, results of operations and cash flows of any asset of the Company.

Employees

At present, we have no employees, other than our current officers and directors, who devote their time as required to our business operations.

Research and Development Expenditures

We have incurred a total of $1,000 in connection with a geological report concerning the Sobeski Lake Gold property. We have not incurred any other research and development expenditures since our incorporation.

Off-balance Sheet Arrangements

The Company has no off-balance sheet arrangements that would require disclosure.

Critical Accounting Policies

Our interim consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America. Preparing financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions which affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the balance sheet dates, and the recognition of revenues and expenses for the reporting periods. These estimates and assumptions are affected by management's application of accounting policies.

Mineral property costs

The Company is primarily engaged in the acquisition, exploration and development of mineral properties.

Mineral property acquisition costs are initially capitalized as tangible assets when purchased. At the end of each fiscal quarter end, the Company assesses the carrying costs for impairment. If proven and probable reserves are established for a property and it has been determined that a mineral property can be economically developed, costs will be amortized using the units-of-production method over the estimated life of the probable reserve.

Mineral property exploration costs are expensed as incurred.

13

Estimated future removal and site restoration costs, when determinable are provided over the life of proven reserves on a units-of-production basis. Costs, which include production equipment removal and environmental remediation, are estimated each period by management based on current regulations, actual expenses incurred, and technology and industry standards. Any charge is included in exploration expense or the provision for depletion and depreciation during the period and the actual restoration expenditures are charged to the accumulated provision amounts as incurred.

Although the Company has taken steps to verify title to mineral properties in which it has an interest, according to the usual industry standards for the stage of exploration of such properties, these procedures do not guarantee the Company’s title. Such properties may be subject to prior agreements or transfers and title may be affected by undetected defects.

ITEM 3 - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

We are engaged in the acquisition of mineral and gravel projects and related activities including exploration engineering, permitting and the preparation of feasibility studies. The value of our properties is related to mineral and gravel commodity prices and changes in the price of these commodities could affect our ability to generate revenue from our portfolio of projects.

Commodity prices may fluctuate widely from time to time and are affected by numerous factors, including the following: expectations with respect to the rate of inflation, exchange rates, interest rates, global and regional political and economic circumstances and governmental policies. Mineral prices and the price for gravel has been extremely volatile over the last year. The demand for, and supply of, gravel affect gravel prices, but not necessarily in the same manner as demand and supply affect the prices of other commodities. The supply and demand for gravel is determined primarily by construction and road building activity.

As of March 31, 2015, we do not consider the risks associated with changes in foreign exchange rates between the U.S. dollar and the Canadian dollar to be material to our financial condition or results of operations as a result of our primary projects being located in Canada and the majority of funds raised and paid to the majority of our vendors are in Canadian dollars.

ITEM 4 – CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures

Based on the management’s evaluation (with the participation of our President and Chief Financial Officer), our President and Chief Financial Officer have concluded that as of March 31, 2015, the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange of 1934 (the "Exchange Act")) are effective to provide reasonable assurance that the information required to be disclosed in this quarterly report on Form 10-Q is recorded, processed, summarized and reported within the time period specified in Securities and Exchange Commission rules and forms, and that such information is accumulated and communicated to the Company’s management, including the Chief Executive Officer and Chief Financial Officer, as appropriate, to allow for timely decisions regarding required disclosure.

14

(b) Internal control over financial reporting

Management's annual report on internal control over financial reporting

Management is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act. Our internal control over financial reporting is intended to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. GAAP. Our internal control over financial reporting should include those policies and procedures that: pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of our assets; provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with applicable GAAP, and that receipts and expenditures are being made only in accordance with authorizations of management and the Board of Directors; and provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements.

Under the supervision and with the participation of our management, including Tim Coupland, our President and Chief Executive Officer, and Edward Burylo, our Interim Chief Financial Officer, we have evaluated the effectiveness of our internal control over financial reporting and preparation of our quarterly financial statements as of March 31, 2015 and believe they are effective.

Based upon their evaluation of our controls, Tim Coupland, our President and Chief Executive Officer, and Edward Burylo, our Interim Chief Financial Officer, has concluded that, there were no significant changes in our internal control over financial reporting or in other factors during our last fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Attestation report of the registered public accounting firm

This quarterly report does not include an attestation report of the Company's registered public accounting firm regarding internal control over financial reporting. Management's report was not subject to attestation by the Company's registered public accounting firm pursuant to temporary rules of the Securities and Exchange Commission that permit the company to provide only management's report in this report.

Changes in internal control over financial reporting

There were no changes in our internal controls that occurred during the quarter covered by this report that have materially affected, or are reasonably likely to materially affect our internal controls.

Changes in Internal Controls

Based on the evaluation as of March 31, 2015, Tim Coupland, our President and Chief Executive Officer, and Edward Burylo, our Interim Chief Financial Officer have concluded that there were no significant changes in our internal controls over financial reporting or in any other areas that could significantly affect our internal controls subsequent to the date of their most recent evaluation, including corrective actions with regard to significant deficiencies and material weaknesses.

PART II – OTHER INFORMATION

ITEM 1 – LEGAL PROCEEDINGS

The Company is not a party to any pending legal proceeding. Management is not aware of any threatened litigation, claims or assessments.

ITEM 1A. RISK FACTORS

Not Applicable

15

ITEM 2 – UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None

ITEM 3 – DEFAULTS UPON SENIOR SECURITIES

None

ITEM 4 – SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None

ITEM 5 – OTHER INFORMATION

None

ITEM 6 – EXHIBITS

The following exhibits are furnished as required by Item 601 of Regulation S-B.

Exhibit No.	Exhibit Title
3 (i)	Articles of Incorporation*
3 (ii)	Bylaws *
21	Subsidiaries
31.a	Certificate of CEO as Required by Rule 13a-14(a)/15d-14
31.b	Certificate of CFO as Required by Rule 13a-14(a)/15d-14
32.a	Certificate of CEO and CFO as Required by Rule 13a-14(b) and Rule 15d-14(b) (17 CFR 240.15d-14(b)) and Section 1350 of Chapter 63 of Title 18 of the United States Code
99.1	Claims location map**

* Included in our original SB-2 Registration Statement filed on December 9, 2004.
** Included in our SB-2 Amended Registration Statement filed on October 19, 2005.

16

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

		DYNAMIC GOLD CORP.
May 12, 2015	BY:	/s/ Tim Coupland
Date		Tim Coupland, President and Chief Executive Officer
May 12, 2015	BY:	/s/ Edward Burylo
Date		Edward Burylo, Interim Chief Financial Officer

17

Exhibit 21

SUBSIDIARY COMPANIES

We have one subsidiary company:

Dynamic Gravel Holdings Ltd.

18

Exhibit 31.a

CERTIFICATION

I, Tim Coupland, certify that:

1. I have reviewed this Form 10-Q of Dynamic Gold Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 12, 2015

/ s / Tim Coupland
Tim Coupland, President and CEO

(Principal Executive Officer)

19

Exhibit 31.b

CERTIFICATION

I, Edward Burylo, certify that:

1. I have reviewed this Form 10-Q of Dynamic Gold Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 12, 2015

/ s / Edward Burylo
Edward Burylo, Interim CFO

(Principal Accounting Officer)

20

Exhibit 32.a

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q (the “Report”) of Dynamic Gold Corp. (the “Company”) for the quarter ended March 31, 2015, each of Tim Coupland, the Chief Executive Officer, and Edward Burylo, the Interim Chief Financial Officer, of the Company, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of the undersigned’s knowledge and belief: (1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and (2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/ s / Tim Coupland
Tim Coupland, Principal Executive Officer
May 12, 2015

/ s / Edward Burylo
Edward Burylo, Principal Financial Officer
May 12, 2015

21

EX-21

Exhibit 21

SUBSIDIARY COMPANIES

We have one subsidiary company:

Dynamic Gravel Holdings Ltd.

18

EX-31.A

Exhibit 31.a

CERTIFICATION

I, Tim Coupland, certify that:

1. I have reviewed this Form 10-Q of Dynamic Gold Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 12, 2015

/ s / Tim Coupland
Tim Coupland, President and CEO

(Principal Executive Officer)

19

EX-31.B

Exhibit 31.b

CERTIFICATION

I, Edward Burylo, certify that:

1. I have reviewed this Form 10-Q of Dynamic Gold Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a–15(e) and 15d–15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a–15(f) and 15d–15(f)) for the registrant and have:

(a)	Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
(b)	Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
(c)	Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
(d)	Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a)	All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
(b)	Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 12, 2015

/ s / Edward Burylo
Edward Burylo, Interim CFO

(Principal Accounting Officer)

20

EX-32.A

Exhibit 32.a

CERTIFICATION PURSUANT TO
18 U.S.C. SECTION 1350
AS ADOPTED PURSUANT TO
SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report on Form 10-Q (the “Report”) of Dynamic Gold Corp. (the “Company”) for the quarter ended March 31, 2015, each of Tim Coupland, the Chief Executive Officer, and Edward Burylo, the Interim Chief Financial Officer, of the Company, hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of the undersigned’s knowledge and belief: (1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and (2) the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/ s / Tim Coupland
Tim Coupland, Principal Executive Officer
May 12, 2015

/ s / Edward Burylo
Edward Burylo, Principal Financial Officer
May 12, 2015

21

XML

Recent Accounting Pronouncement

9 Months Ended

Mar. 31, 2015

Recent Accounting Pronouncement [Abstract]

Recent Accounting Pronouncement

2. Recent Accounting Pronouncement

The Company has elected to early adopt the guidance in FASB Topic 915 and no longer provides the disclosure for development stage companies. Accordingly, the figures for the period from inception to the current period are no longer provided.

In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists”, which is intended to eliminate the diversity that is in practice with regard to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. ASU No. 2013-11 is effective for fiscal years and interim periods within those years, beginning after 15 December 2014, with early adoption permissible. The adoption of this update is not expected to have a material impact on the Company's interim consolidated financial statements.

Other recent accounting pronouncements with future effective dates are not expected to have an impact on the Company's financial statements.

XML

Nature and Continuance of Operations

9 Months Ended

Mar. 31, 2015

Nature and Continuance of Operations [Abstract]

Nature and Continuance of Operations

1. Nature and Continuance of Operations

Dynamic Gold Corp. (the “Company”) was incorporated under the laws of the State of Nevada on 21 January 2004 and is in the exploration stage.

These interim consolidated financial statements and related notes are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). The Company is an exploration stage enterprise, as defined in Accounting Standards Codification (the “Codification” or “ASC”) 915-10, “Development Stage Entities”. The Company is devoting all of its present efforts in establishing a new business, and its planned principle operations have not commenced, and, accordingly, no revenue has been derived during the organization period.

These interim consolidated financial statements do not include all information and footnotes required by GAAP for complete financial statements. Except as disclosed herein, there have been no material changes in the information disclosed in the notes to the financial statements for the year ended 30 June 2014, included in the Company's Annual Report on Form 10-K, filed with the SEC. The interim unaudited financial statements should be read in conjunction with those financial statements for the year ended 30 June 2014 included in the Company's Annual Report on Form 10-K. In the opinion of management, all adjustments considered necessary for fair presentation, consisting solely of normal recurring adjustments, have been made. Operating results for the nine months ended 31 March 2015, are not necessarily indicative of the results that may be expected for the year ending 30 June 2015.

The Company is in the business of acquiring and exploring mineral properties. The recoverability of the amounts expended by the Company on acquiring and exploring mineral properties is dependent upon the existence of economically recoverable reserves, the ability of the Company to complete the acquisition and/or development of the properties and upon future profitable production.

The Company's interim consolidated financial statements as at 31 March 2015 and for the nine month period then ended have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. The Company has a loss of $93,229 for the nine month period ended 31 March 2015 (2014 – $65,501) and has a working capital deficit of $11,404 at 31 March 2015 (30 June 2014 – working capital deficit of $875).

Management cannot provide assurance that the Company will ultimately achieve profitable operations or become cash flow positive, or raise additional debt and/or equity capital. Management believes that the Company's capital resources should be adequate to continue operating and maintaining its business strategy during the fiscal year ending 30 June 2015. However, if the Company is unable to raise additional capital in the near future, due to the Company's liquidity problems, management expects that the Company will need to curtail operations, liquidate assets, seek additional capital on less favourable terms and/or pursue other remedial measures. Management is aware, in making its assessment, of material uncertainties related to events or conditions that may cast substantial doubt upon the Company's ability to continue as a going concern.

At 31 March 2015, the Company had incurred losses from exploration activities to date. Although management is currently attempting to implement its business plan, and is seeking additional sources of equity or debt financing, there is no assurance these activities will be successful. Accordingly, the Company must rely on its president to perform essential functions without compensation until a business operation can be commenced.

These factors raise substantial doubt about the ability of the Company to continue as a going concern. The interim consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

XML

Interim Consolidated Balance Sheets (USD $)	Mar. 31, 2015	Jun. 30, 2014
Current
Cash	$ 1,280	$ 8,096
Current
Accounts payable and accrued liabilities (Note 4)	12,684	8,971
Stockholders' deficiency
Capital stock (Note 5) Authorized 75,000,000 common shares, $0.001 par value Issued and outstanding 31 March 2015 - 9,885,000 common shares 30 June 2014 - 9,850,000 common shares	9,885	9,850
Additional paid-in capital	899,115	816,450
Deficit, accumulated during the exploration stage	(920,404)	(827,175)
Total stockholders' equity (deficiency)	(11,404)	(875)
Total liabilities and stockholders' equity	$ 1,280	$ 8,096

XML

Interim Consolidated Statements of Changes in Stockholders' Deficiency (USD $)	3 Months Ended			9 Months Ended
	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Balance		$ (2,894)		$ (875)	$ (25,093)
Balance, shares				9,850,000
Contributions to capital by related party (Notes 6)		15,900		47,700	47,700
Common shares issued for cash ($1.00 per share) (Note 5)		10,000		35,000	40,000
Net loss	(27,888)	(23,881)	(20,768)	(93,229)	(65,501)
Balance	(11,404)	(875)	(2,894)	(11,404)	(2,894)
Balance, shares	9,885,000	9,850,000		9,885,000
Capital stock [Member]
Balance		9,840		9,850	9,800
Balance, shares		9,840,000		9,850,000	9,800,000
Contributions to capital by related party (Notes 6)
Common shares issued for cash ($1.00 per share) (Note 5)		10		35	40
Common shares issued for cash ($1.00 per share), shares (Note 5)		10,000		35,000	40,000
Net loss
Balance	9,885	9,850	9,840	9,885	9,840
Balance, shares	9,885,000	9,850,000	9,840,000	9,885,000	9,840,000
Additional paid-in capital [Member]
Balance		790,560		816,450	702,900
Contributions to capital by related party (Notes 6)		15,900		47,700	47,700
Common shares issued for cash ($1.00 per share) (Note 5)		9,990		34,965	39,960
Net loss
Balance	899,115	816,450	790,560	899,115	790,560
Deficit, accumulated during the exploration stage [Member]
Balance		(803,294)		(827,175)	(737,793)
Contributions to capital by related party (Notes 6)
Common shares issued for cash ($1.00 per share) (Note 5)
Net loss		(23,881)		(93,229)	(65,501)
Balance	$ (920,404)	$ (827,175)	$ (803,294)	$ (920,404)	$ (803,294)

XML

Supplemental Disclosures with Respect to Cash Flows (Details) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Supplemental Disclosures with Respect to Cash Flows [Abstract]
Cash paid during the period for interest
Cash paid during the period for income taxes
Contributions to capital for management fees	15,000	15,000	45,000	45,000
Contributions to capital for rent	$ 900	$ 900	$ 2,700	$ 2,700

XML

Interim Consolidated Statements of Changes in Stockholders' Deficiency (Parenthetical) (USD $)	0 Months Ended					3 Months Ended	9 Months Ended
	May 27, 2015	Dec. 17, 2014	Aug. 27, 2014	Jan. 28, 2014	Aug. 28, 2013	Jun. 30, 2014	Mar. 31, 2015	Mar. 31, 2014
Interim Consolidated Statements of Changes in Stockholders' Equity Deficiency [Abstract]
Common shares issued for cash, price per share	$ 1.00	$ 1.00	$ 1.00	$ 1.00	$ 1.00	$ 1.00	$ 1.00	$ 1.00

XML

Interim Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Jun. 30, 2014
Interim Consolidated Balance Sheets [Abstract]
Capital stock, shares authorized	75,000,000	75,000,000
Capital stock, par value per share	$ 0.001	$ 0.001
Capital stock, shares issued	9,885,000	9,850,000
Capital stock, shares outstanding	9,885,000	9,850,000

XML

Nature and Continuance of Operations (Details) (USD $)	3 Months Ended			9 Months Ended
	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Nature and Continuance of Operations [Abstract]
Net loss	$ (27,888)	$ (23,881)	$ (20,768)	$ (93,229)	$ (65,501)
Working capital (deficit)	$ (11,404)	$ (875)		$ (11,404)

XML

Document and Entity Information	9 Months Ended
	Mar. 31, 2015	May 12, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Dynamic Gold Corp.
Entity Central Index Key	0001304730
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Document Period End Date	Mar. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		9,885,000

XML

Mineral Property (Details) (Super Mammoth Gravel Project [Member], USD $)	9 Months Ended		12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Jun. 30, 2008 ha
Super Mammoth Gravel Project [Member]
Projects with Exploratory Well Costs Capitalized for More than One Year [Line Items]
Percentage of undivided rights acquired in exploration properties			100.00%
Acquisition costs for unproven mineral properties			$ 25,000
Write-down of mineral property acquisition costs related to project			25,000
Total area of land			248.2
Each size of area of land			124.1
Expenditures related to the project

XML

Interim Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Expenses
Bank charges and interest	$ 56	$ 50	$ 199	$ 202
Consulting	2,452		7,141
Filing and financing fees	3,251	3,075	13,210	13,944
Legal and accounting	6,547	1,857	11,569	6,056
Management fees (Notes 6)	15,000	15,000	45,000	45,000
Office and miscellaneous	(318)	(114)	(1,391)	(163)
Regulatory fees			7,500
Rent (Notes 6)	900	900	2,700	2,700
Travel			7,301
Write-off of accounts payable (Note 4)				(2,238)
Net loss	$ (27,888)	$ (20,768)	$ (93,229)	$ (65,501)
Basic and diluted loss per common share	$ 0.00	$ 0.00	$ (0.01)	$ (0.01)
Weighted average number of common shares outstanding	9,855,000	9,836,461	9,872,957	9,823,425

XML

Capital Stock

9 Months Ended

Mar. 31, 2015

Capital Stock [Abstract]

Capital Stock

5. Capital Stock

Authorized

The total authorized capital is 75,000,000 common shares with a par value of $0.001.

Issued and outstanding

At 31 March 2015, the total issued and outstanding capital stock is 9,885,000 common shares with a par value of $0.001 per common share (30 June 2014 – 9,850,000).

On 17 December 2014, the Company completed a private placement of 10,000 common shares at a price of $1.00 per share for total proceeds of $10,000.

On 27 August 2014, the Company completed a private placement of 25,000 common shares at a price of $1.00 per share for total proceeds of $25,000.

On 27 May 2014, the Company completed a private placement of 10,000 common shares at a price of $1.00 per share for total proceeds of $10,000.

On 21 January 2014, the Company completed a private placement of 15,000 common shares at a price of $1.00 per share for total proceeds of $15,000.

On 28 August 2013, the Company issued 25,000 common shares at a price of $1.00 per share for total proceeds of $25,000.

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Accounts Payable and Accrued Liabilities

9 Months Ended

Mar. 31, 2015

Accounts Payable and Accrued Liabilities [Abstract]

Accounts Payable and Accrued Liabilities

4. Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities are non-interest bearing, unsecured and have settlement dates within one year.

During the nine month period ended 31 March 2015, the Company wrote off accounts payable balance in the amount of $Nil (2014 – $2,238) related to finance charges that were forgiven by the vendor.

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Accounts Payable and Accrued Liabilities (Details) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Accounts Payable and Accrued Liabilities [Abstract]
Write-off of accounts payable related to finance charges				$ 2,238

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Significant Accounting Policies (Policy)

9 Months Ended

Mar. 31, 2015

Significant Accounting Policies [Abstract]

Recent Accounting Pronouncement

Recent Accounting Pronouncement

The Company has elected to early adopt the guidance in FASB Topic 915 and no longer provides the disclosure for development stage companies. Accordingly, the figures for the period from inception to the current period are no longer provided.

In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists”, which is intended to eliminate the diversity that is in practice with regard to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. ASU No. 2013-11 is effective for fiscal years and interim periods within those years, beginning after 15 December 2014, with early adoption permissible. The adoption of this update is not expected to have a material impact on the Company's interim consolidated financial statements.

Other recent accounting pronouncements with future effective dates are not expected to have an impact on the Company's financial statements.

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Related Party Transactions

9 Months Ended

Mar. 31, 2015

Related Party Transactions [Abstract]

Related Party Transactions

6. Related Party Transactions

During the nine month period ended 31 March 2015, an officer and director of the Company made contributions to capital for management fees in the amount of $45,000 (2014 – $45,000) and for rent in the amount of $2,700 (2014 – $2,700) (Note 7).

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Supplemental Disclosures with Respect to Cash Flows

9 Months Ended

Mar. 31, 2015

Supplemental Disclosures with Respect to Cash Flows [Abstract]

Supplemental Disclosures with Respect to Cash Flows

7. Supplemental Disclosures with Respect to Cash Flows

	For the	For the
	nine month	nine month
	period ended	period ended
	31 March 2015	31 March 2014
	$	$
Cash paid during the period for interest	-	-
Cash paid during the period for income taxes	-	-

During the nine month period ended 31 March 2015, an officer and director of the Company made contributions to capital for management fees in the amount of $45,000 (2014 – $45,000) and for rent in the amount of $2,700 (2014 – $2,700) (Note 6).

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Supplemental Disclosures with Respect to Cash Flows (Tables)

9 Months Ended

Mar. 31, 2015

Supplemental Disclosures with Respect to Cash Flows [Abstract]

Schedule of Supplemental Cash Flow Information

	For the	For the
	nine month	nine month
	period ended	period ended
	31 March 2015	31 March 2014
	$	$
Cash paid during the period for interest	-	-
Cash paid during the period for income taxes	-	-

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Related Party Transactions (Details) (USD $)	3 Months Ended		9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2015	Mar. 31, 2014
Related Party Transactions [Abstract]
Contributions to capital for management fees	$ 15,000	$ 15,000	$ 45,000	$ 45,000
Contributions to capital for rent	$ 900	$ 900	$ 2,700	$ 2,700

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Interim Consolidated Statements of Cash Flows (USD $)	9 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities
Net loss	$ (93,229)	$ (65,501)
Adjustments to reconcile loss to net cash used by operating activities
Contributions to capital by related party (Notes 6)	47,700	47,700
Write-off of accounts payable (Note 4)		(2,238)
Changes in operating assets and liabilities
Increase (decrease) in accounts payable and accrued liabilities	3,713	(16,011)
Net cash used in operating activities	(41,816)	(36,050)
Cash flows from financing activities
Issuance of common shares for cash	35,000	40,000
Net cash provided by financing activities	35,000	40,000
Increase (decrease) in cash	(6,816)	3,950
Cash, beginning of period	8,096	1,369
Cash, ending of period	$ 1,280	$ 5,319

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Mineral Property

9 Months Ended

Mar. 31, 2015

Mineral Property [Abstract]

Mineral Property

3. Mineral Property

During the year ended 30 June 2008, the Company acquired, through its wholly owned subsidiary, a 100% undivided rights, title and interest in and to two gravel claims called the Northern Gravel Claims and Super Mammoth Gravel Claims (the “Super Mammoth Gravel Project”) situated along the Homfray Channel at Lloyd Point on the south coast of British Columbia, Canada for $25,000. The Super Mammoth Gravel Project consists of two mineral claim tenures that are approximately 124.1 hectares (“ha”) each in size (total 248.2 ha). The claims are currently in good standing until their respective anniversary dates which are 6 November 2015 (Northern Gravel Claims) and 19 January 2016 (Super Mammoth Claim). The acquisition cost of $25,000 was initially capitalized as a tangible asset. During the year ended 30 June 2008, the Company recorded a write-down of mineral property acquisition costs of $25,000 related to the Super Mammoth Gravel Project.

The Company had no expenditures related to the Super Mammoth Gravel Project for the nine month period ended 31 March 2015 (2014 - $Nil).

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Capital Stock (Details) (USD $)	0 Months Ended					3 Months Ended	9 Months Ended
	May 27, 2015	Dec. 17, 2014	Aug. 27, 2014	Jan. 28, 2014	Aug. 28, 2013	Jun. 30, 2014	Mar. 31, 2015	Mar. 31, 2014
Capital Stock [Abstract]
Capital stock, shares authorized						75,000,000	75,000,000
Capital stock, par value per share						$ 0.001	$ 0.001
Capital stock, shares issued						9,850,000	9,885,000
Capital stock, shares outstanding						9,850,000	9,885,000
Common shares issued for cash	$ 10,000	$ 10,000	$ 25,000	$ 15,000	$ 25,000	$ 10,000	$ 35,000	$ 40,000
Common shares issued for cash, shares	10,000	10,000	25,000	15,000	25,000
Common shares issued for cash, price per share	$ 1.00	$ 1.00	$ 1.00	$ 1.00	$ 1.00	$ 1.00	$ 1.00	$ 1.00