secwatch / observer

DYNARESOURCE, INC. — fact timeline

Source-grounded facts extracted from DYNARESOURCE, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

DYNR DYNARESOURCE, INC. JSON
Earnings Releases

DYNARESOURCE, INC. reported the three months ending March 31, 2026 results: revenue $18.0 million, net income $2.5 million.

“Q1 2026 Highlights: • Revenue for Q1 2026 totaled $18.0 million, up 31% over $13.7 million in Q1 2025 and up 22% over $14.8 million in Q4 2025 • Q1 2026 Net Income of $2.5 million was up significantly from $0.6 million in Q1 2025 and $1.4 million in Q4 2025 • Sixth consecutive quarter of positive adjusted EBITDA with $6.0 million in Q1 2026, up 161% from $2.3 million in Q1 2025 and up 28% from $4.7 million in Q4 2025 • Gold production of 4,840 ounces was down 16% from 5,781 ounces in Q1 2025 and 5% from 5,080 ounces in Q4 2025 • Milled throughput of 69,816 tons in Q1 2026 was up 4% from 67,374 tons in Q1 2025 and 7% from 65,275 tons in Q4 2025 • Daily mill throughput average of 767 tonnes per day, up 4% from 740 tons per day in Q1 2025 and up 8% from 710 tons per day in Q4 2025 • Head grade of 2.90 g/t gold was down compared to both comparative quarters “ Results from the first quarter r”
Equity Issuances

DYNARESOURCE, INC. issued 833,333 shares of Common Stock of common stock to Ocean Partners UK Limited for total purchase price of $1,000,000, at a price of $1.20 per share.

“pursuant to the SPAs, on April 30, 2026 the Company issued and sold 833,333 shares of Common Stock to the Purchaser for a total purchase price of $1,000,000, at a price of $1.20 per share, in privately negotiated transactions exempt from registration under the Securities Act of 1933 pursuant to Section 4(a)(2).”
Material Agreements

DYNARESOURCE, INC. entered into Stock Purchase Agreements with Ocean Partners Holdings Limited valued at $1,000,000 (effective 2026-04-30).

“On April 30, 2026, DynaResource, Inc. (the “Company”) entered into privately negotiated Stock Purchase Agreements (the “SPA”) with Ocean Partners Holdings Limited (the “Purchaser”), pursuant to which Purchaser acquired an aggregate of 833,333 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), at a purchase price of $1.20 per share, resulting in proceeds of $1,000,000.”
Debt Financings

DYNARESOURCE, INC. incurred credit facility of $15 million with Ocean Partners UK Limited at 3-month Secured Overnight Financing Rate (SOFR) + 6.75%.

“as a joint buyer thereunder, with full rights and obligations as set out therein. • To provide for a Concentrate Credit Facility (the “Credit Facility”) in the amount of $15 million to replace the $12.5 million line of credit under the prior Offtake Agreement amendment, the principal under the Credit Facility being repaid in equal monthly installments in”

Alonso Sotomayor was appointed as Chief Financial Officer at DYNARESOURCE, INC..

“On July 22, 2024, Mr. Alonso Sotomayor was appointed Chief Financial Officer of DynaResource, Inc. (the “Company”).”

Rene Mladosich resigned as General Manager at DYNARESOURCE, INC..

“On June 17, 2024, Mr. Rene Mladosich resigned his employment as General Manager of the Company at San Jose de Gracía.”

Rohan Hazelton was appointed as director, President, Chief Executive Officer, and interim Chief Financial Officer at DYNARESOURCE, INC..

“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.”

Koy D. Diepholz was appointed as non-executive Chairman of the Board of Directors at DYNARESOURCE, INC..

“Mr. Diepholz was appointed to serve as the non-executive Chairman of the Board of Directors.”

Koy D. Diepholz resigned as President, Chief Executive Officer, and interim Chief Financial Officer at DYNARESOURCE, INC..

“Mr. Koy D. Diepholz resigned his position as President, Chief Executive Officer, and interim Chief Financial Officer of the Company.”

Rene Mladosich resigned as director at DYNARESOURCE, INC..

“Mr. Rene Mladosich resigned his position as a director of the Company.”

Quinton Hennigh was appointed as Class I Director at DYNARESOURCE, INC..

“On the same date, the Board accepted Mr. Vail’s and Dr. Vargas Lugo’s resignations and appointed Mr. Omland and Dr. Hennigh to the vacancies created thereby as Class I directors of the Company.”

Brent Omland was appointed as Class I Director at DYNARESOURCE, INC..

“On the same date, the Board accepted Mr. Vail’s and Dr. Vargas Lugo’s resignations and appointed Mr. Omland and Dr. Hennigh to the vacancies created thereby as Class I directors of the Company.”

Jose Vargas Lugo resigned as Class I Director at DYNARESOURCE, INC..

“On February 16, 2024, Mr. Ronald Vail and Dr. Jose Vargas Lugo each advised the Company’s Board of Directors that they were resigning their seats on the Board to make way for the appointment of Mr. Brent Omland and Dr. Quinton Hennigh.”

Ronald Vail resigned as Class I Director at DYNARESOURCE, INC..

“On February 16, 2024, Mr. Ronald Vail and Dr. Jose Vargas Lugo each advised the Company’s Board of Directors that they were resigning their seats on the Board to make way for the appointment of Mr. Brent Omland and Dr. Quinton Hennigh.”
Material Agreements

DYNARESOURCE, INC. entered into Stock Purchase Agreement with Ocean Partners (effective 2023-08-02).

“nto (1) an Amendment Agreement (the “Amendment”) to the Gold Concentrate Purchase Agreement dated February 1, 2021, as amended (the “Offtake Agreement”) by and between the Company’s affiliate, DynaResource de Mexico, SA de CV (“Dyna Mex”), and an affiliate of Ocean Partners UK Limited (“Ocean Partners”), MK Metal Trading Mexico SA de CV (“Buyer”), and (2) a Stock Purchase Agreement (the “Stock Purchase Agreement”) by and between the Company and Ocean Partners.”
Material Agreements

DYNARESOURCE, INC. entered into Amendment with an affiliate of Ocean Partners UK Limited (“Ocean Partners”), MK Metal Trading Mexico SA de CV (“Buyer”) (effective 2023-08-02).

“On August 2, 2023, the Company entered into (1) an Amendment Agreement (the “Amendment”) to the Gold Concentrate Purchase Agreement dated February 1, 2021, as amended (the “Offtake Agreement”) by and between the Company’s affiliate, DynaResource de Mexico, SA de CV (“Dyna Mex”), and an affiliate of Ocean Partners UK Limited (“Ocean Partners”), MK Metal Trading Mexico SA de CV (“Buyer”)”
Shareholder Votes

DYNARESOURCE, INC. shareholders approved Ratify the appointment of Armanino LLP as the Company’s Independent Registered Public Accounting Firm for 2023 at the 2023-07-15 meeting.

“Ratify the appointment of Armanino LLP as the Company’s Independent Registered Public Accounting Firm for 2023. At the Annual Meeting, the holders of all shares of Common Stock, Series C Preferred Stock, and Series D Preferred Stock were eligible to vote, and the shareholders approved the appointment of Armanino LLP by the following vote: Votes For Votes Withheld Broker Non-Votes 17,672,645 198,600 -”
Shareholder Votes

DYNARESOURCE, INC. shareholders approved Advisory Vote on Frequency of Shareholder Advisory Vote on Executive Compensation at the 2023-07-15 meeting.

“Advisory Vote on Frequency of Shareholder Advisory Vote on Executive Compensation . At the Annual Meeting, the holders of all shares of Common Stock, Series C Preferred Stock, and Series D Preferred Stock were eligible to vote, on an advisory, non-binding basis, the frequency of an advisory vote on the Company’s executive compensation and the shareholders approved by the following vote: Every Year Every Two Years Every Three Years Abstain 7,753,072 86,217 9,004,774 83,998”
Shareholder Votes

DYNARESOURCE, INC. shareholders approved Advisory Vote on Executive Compensation at the 2023-07-15 meeting.

“Advisory Vote on Executive Compensation . At the Annual Meeting, the holders of all shares of Common Stock, Series C Preferred Stock, and Series D Preferred Stock were eligible to vote, on an advisory, non-binding basis, the Company’s executive compensation and the shareholders approved by the following vote: Votes For Votes Withheld Broker Non-Votes 16,740,191 187,870 943,184”
Shareholder Votes

DYNARESOURCE, INC. shareholders approved Election of One Class III Director at the 2023-07-15 meeting.

“Election of One Class III Director . At the Annual Meeting, the holders of the Class C Preferred Stock were eligible to vote for the Class II Directors and elected each Class II director nominee to the Board of Directors by the following votes: Nominee Votes For Votes Withheld Broker Non-Votes Phillip K. Rose 2,643,082 - -”
Shareholder Votes

DYNARESOURCE, INC. shareholders approved Election of Two Class II Directors at the 2023-07-15 meeting.

“Election of Two Class II Directors . At the Annual Meeting, the holders of all shares of Common Stock, Series C Preferred Stock, and Series D Preferred Stock were eligible to vote for the Class II Directors and elected each Class II director nominee to the Board of Directors by the following votes: Nominee Votes For Votes Withheld Broker Non-Votes John C. Wasserman 13,164,481 397,998 943,184 Dale G. Petrini 12,931,950 630,529 943,184”
Shareholder Votes

DYNARESOURCE, INC. shareholders approved Election of Four Class I Directors at the 2023-07-15 meeting.

“Election of Four Class I Directors . At the Annual Meeting, the holders of all shares of Common Stock, Series C Preferred Stock, and Series D Preferred Stock were eligible to vote for the Class I Directors and elected each Class I director nominee to the Board of Directors by the following votes: Nominee Votes For Votes Withheld Broker Non-Votes K. W.Diepholz 13,369,645 192,834 943,184 Dr. Jose Vargas Lugo 13,381,845 180,634 943,184 Rene L.F. Mladosich 13,377,645 184,834 943,184 Ronald Vail 13,369,461 179,870 943,184”
Shareholder Votes

DYNARESOURCE, INC. shareholders approved Amendment to the Certificate of Incorporation to eliminate Series A Preferred Stock and simplify the board structure from three classes to two classes of directors at the 2023-07-15 meeting.

“Amendment to the Certificate of Incorporation At the Annual Meeting, the holders of all shares of Common Stock, Series C Preferred Stock, and Series D Preferred Stock were eligible to vote on the amendment to the Company’s to eliminate the Series A Preferred Stock and to simplify the structure of the Company’s Board of Directors by changing from three classes of directors to two classes of directors and the shareholders approved the amendment by the following votes: Votes For Votes Withheld Broker Non-Votes 16,740,191 187,870 943,184”
Material Agreements

DYNARESOURCE, INC. entered into Memorandum of Understanding with Ocean Partners Holdings Limited (effective 2023-06-29).

“On June 29, 2023 DynaResource, Inc. (the “Company”), entered into a Memorandum of Understanding with Ocean Partners Holdings Limited (“OP”).”
M&A Transactions

DYNARESOURCE, INC. underwent a change of control involving Koy W. Diepholz for $1,250,000.

“the Company's redemption of the A Shares from Diepholz for a purchase price of $1,250,000 will result in Diepholz no longer having the right to control the election of a majority of the Company's Board of Directors”

Ronald Vail was elected as Director at DYNARESOURCE, INC..

“On April 19, 2023, Ronald Vail, 75, was elected to fill the vacant seventh seat on the Company’s Board of Directors.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.