litigation
confidence high
sentiment positive
materiality 0.65
DynaResource wins Amparo ruling; Mexico court voids cancellation of 8 mining concessions
DYNARESOURCE, INC.
- Federal District Court in Mexico granted constitutional protection (Amparo) to DynaResource subsidiary DynaMéxico for 8 mining concessions at San José de Gracia.
- Court found DynaResource was not properly notified of administrative proceedings leading to claimed cancellation, violating due process.
- Court ordered authorities to recommence notification process per legal requirements before further administrative action.
- Ruling not final; subject to appeal by respondent authorities under Mexican law; underlying administrative matter not resolved.
- CEO Rohan Hazelton says ruling restores procedural rights; company continues to protect interests.