Dynaresource Inc (QB) (DYNR) Fundamentals

Description
DynaResource, Inc. ("DynaUSA") currently owns 80% of DynaResource de Mexico SA de CV.("DynaMexico"); DynaMexico owns 100% of San Jose de Gracia, a High Grade, prolific Gold Property in Sinaloa, Mexico ("SJG"); a past 1 M. Oz. Gold Producer. DynaUSA is focused on the test underground mining and pilot production operations at the Potential World Class SJG Project, which exhibits the opportunity for the definition of over 3 M. Oz. Gold Resources. A Canadian National Instrument 43-101 Resource Estimate was released by DynaMexico at Dec. 31, 2012; reporting 402,000 Oz. Au Indicated; and 741,000 Oz. Au Inferred Resources. All mineralized areas are open along strike and down dip for further expansion. IMPORTANT CAUTIONARY NOTE REGARDING CANADIAN DISCLOSURE STANDARDS The Company is an "OTC Reporting Issuer" as that term is defined in Multilateral Instrument 51-509, Issuers Quoted in the U.S. Over-the-Counter Markets, promulgated by various Canadian provincial Securities Commissions. Accordingly, certain disclosure in this news release or other disclosure provided by the Company has been prepared in accordance with the requirements of securities laws in effect in Canada, which differ from the requirements of United States securities laws. In Canada, an issuer is required to provide technical information with respect to mineralization, including reserves and resources, if any, on its mineral exploration properties in accordance with Canadian requirements, which differ significantly from the requirements of the United States Securities and Exchange Commission (the "SEC") applicable to registration statements and reports filed by United States companies pursuant to the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended. As such, information contained in this news release or other disclosure provided by the Company concerning descriptions of mineralization under Canadian standards may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements of the SEC and not subject to Canadian securities legislation. This summary description or other disclosure provided by the Company may use the terms "measured mineral resources", "indicated mineral resources" and "inferred mineral resources". While these terms are recognized and required by Canadian regulations (under National Instrument 43-101, Standards of Disclosure for Mineral Projects), the SEC does not recognize them. United States investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted to reserves. In addition, "inferred mineral resources" have a great amount of uncertainty as to their existence and economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian securities legislation, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, although they may form, in certain circumstances, the basis of a "preliminary economic assessment" as that term is defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects. U.S. investors are cautioned not to assume that part or all of an inferred mineral resource exists, or is economically or legally mineable. *Cautionary Statement to U.S. Investors: The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. According to the definitions provided within SEC Industry Guide 7; the San Jose de Gracia Property currently contains No Known Reserves. U.S. investors are urged to carefully consider the disclosures contained in our most recent 10-K.
Share Info
StatusActive
Market Cap$ 36,182,586
Shares Authorized40,000,000
Shares Outstanding18,091,293
Shares Outstanding Date06/23/2022
Shareholder Count439
Shareholder Count Date03/24/2022
Float6,191,378
Float Date03/31/2022
Short Interest345
Short Interest Date05/31/2022
Reporting Info
Reporting StatusSEC Reporting
BankruptNo
ShellNo
Audit StatusYes
AuditorArmanino LLP
Auditor Address15950 N Dallas Parkway Suite 600
Dallas, Texas 75248
USA
Auditor Websitehttp://www.armaninoLLP.com
IR Firm-
IR Firm Address-
IR Firm Website-
Legal CounselScheef & Stone, LLP
Legal Counsel Address500 N. Akard St
Suite 2700
Dallas, Texas 75201
USA
Legal Counsel Website-
Fiscal Year End12/31
ADR Ratio-
Transfer AgentSignature Stock Transfer, Inc.
Transfer Agent Address14673 Midway Road - Suite 220
Addison, TX 75001
USA
Depository Website-
SHO Flag-
3210 Flag-
Company Info
Ticker SymbolUSOTC:DYNR
OTC Market TierOTCQB
Security TypeCommon Stock
CIK Number0001111741
Address222 W. Las Colinas Blvd.
Suite 1910 North Tower
Irving, Texas 75039
CountryUSA
Phone(972) 868-9066
Fax #972-868-9067
Websitehttp://www.dynaresource.com
SIC Code / Description1000 / Metal Mining
Key ExecutivesDir. - Phillip Rose
Managing Dir. - Dr. Jose Vargas Lugo
Vice President - Brad Saulter
Dir. - John Wasserman
Dir. - Dale Petrini
Accountant - Charles Smith
EVP - Rene Mladosich
Other - Tayler Diepholz
Exec. Assistant - Mia Diepholz
Chairman - K.W. Diepholz
Number of Employees197
Incorporation StateDelaware
Incorporation CountryUSA
Incorporation Year-


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