Alonso Sotomayor
On July 22, 2024, Mr. Alonso Sotomayor was appointed Chief Financial Officer of DynaResource, Inc. (the “Company”).
Highest-materiality recent filing
DynaResource Q1 2026 revenue up 31% to $18.0M, net income $2.5M, adjusted EBITDA $6.0M
Revenue $18.0M (+31% YoY); net income $2.5M vs $0.6M in Q1 2025; adjusted EBITDA $6.0M (+161% YoY).
DynaResource closes $1M private placement with Ocean Partners at $1.20/share
Raised $1,000,000 via 833,333 common shares at $1.20 per share to Ocean Partners UK Limited.
DynaResource reports 2025 net income of $3.8M, revenue up 26% to $58.5M
Revenue $58.5M in 2025 (+26% YoY); net income $3.8M vs. net loss $8.5M in 2024.
DynaResource engages David Keough as COO consultant; grants 450k RSUs
David Keough, 62, appointed to perform COO functions via Vulcan's Forge Capital Pty. Ltd., effective Aug 15, 2025.
DynaResource reports 2025 gold production of 21,393 oz; guides 22,000-24,000 oz for 2026
Gold production of 21,393 oz in 2025 (within revised guidance of ~21k oz; vs 25,677 oz in 2024).
CEO Hazelton awarded 750K options + 500K RSUs + 500K DSUs; CFO Sotomayor contract revised
CEO Hazelton: base salary increased 10% to $247,500; receives 750K options ($1.75), 500K RSUs, 500K DSUs with staggered vesting.
DynaResource Q3 revenue $14.1M (+26% YoY), but cuts 2025 gold guidance to 21k oz from 25k oz
Revenue $14.1M, up 26% YoY; net income $1.3M vs loss $0.9M in Q3 2024.
Three Falcon gravity concentrators installed after ball mills; wet commissioning complete, ramp-up to design capacity by end of October 2025.
DynaResource expands credit line to $15M, extends gold offtake through 2030
Credit facility increased from $12.5M to $15M with 6-month principal grace and 18-month repayment.
DynaResource Q2 net income $0.5M, revenue up 43%; cuts 2025 production guidance to ~25K oz
Revenue $15.9M (+43% YoY); net income $0.5M vs loss $2.9M in Q2 2024.
DynaResource initiates amparo process to protect nine mining concessions from inactive status
Board authorized amparo legal action under Mexican law for nine concessions at San José de Gracia mine (total ~5,660 ha).
DynaResource elects six Class I directors, ratifies auditor, thanks departing director Diepholz
Stockholders elected Oscar Cabrera, Dr. Quinton Hennigh, Brent Omland, Rohan Hazelton, Dale Petrini and Maria Virginia Anzola as Class I directors.
DynaResource identifies two high-grade exploration targets at San Jose de Gracia mine
Victoria vein ~40m from Tres Amigos mine has conceptual target of 100K tonnes at 7-8 g/t gold (~25K oz contained).
DynaResource Q1 net income $0.6M vs loss $4.4M YoY; revenue up 45% to $13.7M
Revenue $13.7M (+45% YoY); net income $0.6M vs net loss $4.4M in Q1 2024.
DynaResource files initial technical report summary for San José de Gracia Gold Project
Technical Report Summary filed under S-K 1300 for San José de Gracia Project, Sinaloa State, Mexico.
DynaResource files initial technical report for San José de Gracia gold project
Approved and filed initial technical report summary (TRS) for San José de Gracia project in Sinaloa, Mexico.
Proven & Probable reserves: 1.607M tonnes at 4.91 g/t gold, totaling 253,500 oz; 7-year mine life.
DynaResource sets 2025 annual meeting for June 23; proposal deadline April 28
Annual meeting scheduled for June 23, 2025; record date for voting is April 28, 2025.
DynaResource reports Q4 2024 net income of $0.1M vs loss; revenue up 124% YoY
Q4 2024 revenue $14.8M (up 124% from $6.6M in Q4 2023); net income $0.1M vs net loss of $8.0M.
Metallurgical tests on three fresh rock composites from San Pablo, San Pablo Sur, La Mochomera showed >95% gold recovery using gravity/flotation.
DynaResource CEO to present at Metals & Mining Virtual Conference; provides operational targets
CEO Rohan Hazelton presents at Virtual Investor Conference on Feb 13, 2025 at 12:00 pm ET.
DynaResource guides 2025 gold output 27k-30k oz at AISC $1,850-$2,050; 2024 output 25,677 oz
2024 gold production 25,677 oz within updated guidance; December output 1,968 oz at 4.18 g/t.
DynaResource guides 2025 gold production 27k-30k oz; 2024 output 25,677 oz
2025 guidance: gold 27,000-30,000 oz, AISC $1,850-$2,050/oz, sustaining capex $4.8-5.8M, exploration $2.5-3M.
DynaResource elects directors, approves equity plan at annual meeting; new board member Anzola joins
All six Class I director nominees elected, including new director Maria Virginia Anzola (20+ yrs extraction industry).
DynaResource reports Nov gold production of 2,182 oz; full-year estimate 25,500-26,000 oz
November gold production of 2,182 ounces; average mill throughput 770 tpd.
DynaResource postpones 2024 annual meeting to Jan 6, 2025 due to printing delays
Meeting moved from Dec 13, 2024 to Jan 6, 2025 at 11:00 a.m. CT; location unchanged.
DynaResource repays $4M TACL and $5.85M RCL, expands RCL to $12.5M
Repaid $4,000,000 Temporary Additional Credit Line and $5,850,000 Revolving Credit Line due Nov 30, 2024.
DynaResource reports October gold production of 2,626 oz, up 26% MoM
Gold production 2,626 oz in Oct 2024, up 26% from 2,092 oz in Sep 2024.
DynaResource Q3 revenue up 83% to $11.2M; net loss narrows to $0.8M
Revenue $11.2M in Q3 2024 (+83% YoY); net loss narrowed to $0.8M from $2.9M in Q2 2024.
DynaResource subsidiary agrees to forgo $9M debt-to-equity conversion right at $1.61/share
DynaResource de Mexico waived its option to convert up to $9M of credit facility into DynaResource equity at $1.61/share.
DynaResource sets 2024 annual meeting for Dec 13; shareholder proposal deadline Nov 4
Annual meeting scheduled for December 13, 2024; record date is November 8, 2024.
DynaResource closes $6M private placement of 5.77M shares at $1.04 per share
Gross proceeds of $6M from sale of 5,769,231 common shares at $1.04 per share to existing shareholders.
DynaResource closes $6M private placement; issues 5.77M shares at $1.04/share
Issued 5,769,231 common shares at $1.04 per share for gross proceeds of $6,000,000.
DynaResource appoints Alonso Sotomayor as CFO, effective July 22, 2024
Base salary $162,500; annual discretionary bonus up to 40% of base salary.
DynaResource receives $2.5M from Golden Post Rail via Series E Convertible Preferred Stock issuance
Issued 1,552,795 shares of Series E Convertible Preferred Stock to Golden Post Rail, LLC for $2.5M at $1.61/share.
General Manager Rene Mladosich resigns; forfeits 112,500 unvested shares
Rene Mladosich resigned as General Manager of San Jose de Gracia effective June 17, 2024.
DynaResource extends offtake to Dec 2028, gets $4M credit line, $2.5M placement, new CEO
Offtake agreement with Ocean Partners extended to Dec 31, 2028; $4M temporary credit line due Nov 30, 2024.
DynaResource appoints Rohan Hazelton as CEO/President/Interim CFO; Diepholz becomes Chairman
Mr. Rohan Hazelton appointed President, CEO, Interim CFO, and Director effective June 3, 2024.
On July 22, 2024, Mr. Alonso Sotomayor was appointed Chief Financial Officer of DynaResource, Inc. (the “Company”).
On June 17, 2024, Mr. Rene Mladosich resigned his employment as General Manager of the Company at San Jose de Gracía.
Mr. Rene Mladosich resigned his position as a director of the Company.
Mr. Rohan Hazelton, age 50, was appointed to serve as a director, filling the vacancy arising from Mr. Mladosich’s resignation, and as the Company’s new President, Chief Executive Officer, and interim Chief Financial Officer.
Mr. Koy D. Diepholz resigned his position as President, Chief Executive Officer, and interim Chief Financial Officer of the Company.
Mr. Diepholz was appointed to serve as the non-executive Chairman of the Board of Directors.
Max materiality 0.85 · Median 0.60 · Most common event other_material