Dynaresource Inc. (DYNR)
OTCQB OTCQB Primary Summary
DynaResource Announces Offtake Extension, Credit Line Expansion and Private Placement
Extension of Commercial Offtake Agreement through December 2028; Ocean Partners to extend a $4M Temporary Additional Credit Line and to increase Revolving Credit Line to $12.5M, following certain conditions; Major Shareholder Golden Post LLC to purchase $2.5M Shares of Common Stock of DynaResource Inc at $1.61 per share. IRVING, TX / ACCESSWIRE / June 7, 2024 / DYNR-DynaResource, Inc. (OTCQX:DYNR) ("DynaResource", or "the Company") is pleased to report the following update regarding the Company and its 100%-owned San Jose de Gracia high grade gold project in Sinaloa, México ("SJG").
DynaResource, Inc. Announces Executive Leadership Change
Mr. Rohan Hazelton Appointed as President, CEO, Interim CFO and Director of DynaResource, Inc. IRVING, TX / ACCESSWIRE / June 3, 2024 / DYNR-DynaResource, Inc. (OTCQX:DYNR) ("DynaResource", or "the Company") today announced the appointment of Mr. Rohan Hazelton as President and Chief Executive Officer ("CEO"), Interim Chief Financial Officer and Director of the Company, effective immediately.
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Dynaresource Inc. Profile
| Metals & Mining Industry | Materials Sector | Rohan Hazelton CEO | OTCQB Exchange | 268073103 CUSIP |
| US Country | 225 Employees | - Last Dividend | 6 Mar 1997 Last Split | - IPO Date |
Overview
DynaResource, Inc. is an enterprise focused on the investment, exploration, and management of precious and base metal properties, with a keen interest in gold, silver, and other valuable metals. Initially established as West Coast Mines, Inc., the company underwent a rebranding to DynaResource, Inc. in November 1998, showcasing its evolution and expanded focus within the mining industry. Founded in 1937, DynaResource boasts a long history of engagement in the natural resources sector. It is headquartered in Irving, Texas, emphasizing its American roots while operating on an international scale. The company’s flagship venture, the San Jose de Gracia property in northern Sinaloa State, Mexico, covers an impressive 9,920 hectares and includes 33 concessions, underlining DynaResource's significant presence in the mining sector.
Products and Services
- Precious Metals Exploration
DynaResource specializes in the exploration of precious metals, with a primary focus on gold and silver. This includes geological surveying, drilling, and resource estimation to identify and evaluate potential deposits. Their expertise in this area is a cornerstone of their operations, providing a pathway to discovering valuable resources.
- Base Metals Exploration
In addition to precious metals, the company also extends its exploration efforts to base metals, diversifying its exploration portfolio. This involves the investigation of geological formations for the presence of commercially valuable metals aside from gold and silver, enhancing the company's market position by broadening its resource base.
- Mining Property Management
DynaResource offers comprehensive management services for mining properties, overseeing operations from the initial exploration phase to potential mining activities. This includes securing and managing concessions, obtaining necessary permits, and dealing with legal and environmental regulations. The flagship San Jose de Gracia property is a testament to the company’s capability in effectively managing large-scale mining projects.
