Recent Updates — DYNR
DynaResource, Inc. announced that its Mexican subsidiary received US$4.0 million in cash from Mexico’s tax authority regarding value-added tax credits for the first half of 2025. This payment represents a portion of an approved MXN $75.0 million resolution, with the remainder settled via administrative adjustments. Approximately MXN $425 million (~US$24.9 million) in outstanding IVA receivables remains subject to further review and audit procedures by the tax authority. DynaResource is a junior gold mining producer operating in Mexico.
On September 1, 2026, DynaResource, Inc. entered into Securities Purchase Agreements with Golden Post Rail, LLC, Ocean Partners UK Limited, Gareth Nichol, Jay Redlingshafer, Smith First Family L.P., Dale Petrini, and Doug Metcalf to sell an aggregate of 6,666,666 units at $0.45 per unit, raising $3,000,000 in gross proceeds. Each unit consists of one share of common stock and a warrant to purchase one additional share at an exercise price of $0.51. The warrants are exercisable only after the company obtains stockholder approval for an amendment to its Certificate of Incorporation to either increase authorized shares or effect a reverse stock split, ensuring sufficient reserves for derivative securities. Concurrently, three major purchasers entered voting agreements to support this amendment and waived certain preemptive rights. DynaResource, Inc. operates in the natural resources sector, specifically focusing on uranium exploration and development.
DynaResource, Inc. reported Q2 2026 financial and operating results for its San Jose de Gracia mine in Mexico. Revenue decreased to $11.4 million from $18.0 million in Q1 2026, with net income of $0.6 million. Gold production fell 35% year-over-year to 3,703 ounces due to lower head grades (2.45 g/t) and a transition to a single underground mining contractor. The company also announced a non-brokered private placement financing on August 11, 2026, raising $3.0 million gross at $0.45 per unit, with proceeds designated for working capital, debt service, and capital expenditures. Additionally, the filing disclosed a favorable court ruling regarding eight mining concessions, restoring procedural rights after authorities failed to provide proper notification. DynaResource operates in the gold mining industry, actively developing the San Jose de Gracia project in Sinaloa, Mexico.
On August 11, 2026, DynaResource announced a non-brokered private placement financing with existing stockholders to raise gross proceeds of $3.0 million, potentially increasing to $6.4 million if all warrants are exercised. The company will issue units at $0.45 per unit, each consisting of one common share and one warrant with an exercise price of $0.51 per share. The company has already received a commitment advance of $851,250. Proceeds are intended for general corporate purposes, working capital, debt service obligations, and capital expenditures at the San José de Gracia Project. DynaResource is a junior gold mining producer that mines and expands the San Jose de Gracia gold mining district in Mexico.
DynaResource announced that the Federal District Court in Mexico issued a favorable ruling in Amparo proceedings regarding eight mining concessions at its San José de Gracia Project. The court granted constitutional protection to subsidiary DynaResource de México, concluding that the company was not properly notified of administrative proceedings seeking cancellation and was denied due process. Consequently, authorities were ordered to recommence notification procedures before continuing any actions. This ruling covers concessions including San Sebastián (184473), San José (208537), Piedras de Lumbre Uno (215555), Piedras de Lumbre Dos (215556), La Nueva Esperanza (226289), Nuevo Rosario (184999), Los Tres Amigos (172218), and Finisterre 4 (231166). While the decision is subject to appeal, it restores procedural rights for the junior gold mining producer operating in Mexico.