DynaResource, Inc.

DYNR: SCHEDULE 13D · ownership disclosure

Gareth Nichol filed a Schedule 13D disclosing beneficial ownership of 7,425,768 shares of DynaResource, Inc. common stock, equal to approximately 20.17% of the 36,815,725 shares outstanding, with sole voting and dispositive power over the position. On September 1, 2026, Nichol purchased 2,000,000 units at $0.45 per unit for an aggregate $900,000 in personal funds, with each unit consisting of one share of common stock and a warrant to purchase one additional share at an exercise price of $0.51. The warrant is exercisable only after DynaResource satisfies an Authorized Shares Condition — a stockholder-approved charter amendment to either increase authorized shares or effect a reverse stock split — and Nichol signed a voting agreement committing his shares in favor of that amendment. Nichol states the stake is for investment purposes with no present plans or proposals, while reserving the rights of a significant stockholder; an additional 500,000 Series D Convertible Preferred shares he holds are excluded from the ownership calculation due to conversion limitations.

SEC SCHEDULE 13D•1mo ago

DYNR: 8-K · offering registration

DynaResource, Inc. entered into securities purchase agreements on September 1, 2026, selling 6,666,666 units at $0.45 per unit to seven purchasers including Golden Post Rail, Ocean Partners UK Limited, and Gareth Nichol, for aggregate gross proceeds of $3,000,000 in a private placement exempt under Section 4(a)(2). Each unit consists of one share of common stock and one warrant to buy an additional share at $0.51, but the warrants cannot be exercised until stockholders approve a charter amendment that either increases authorized shares or effects a reverse stock split, because the company lacks the authorized share capacity to cover warrant exercises and its existing derivative reserve requirements. To secure the deal, Golden Post, Ocean Partners, and Nichol signed voting agreements supporting the amendment, while preferred stockholders, warrant holders, and option holders waived share reservation rights and agreed not to exercise or convert their securities for up to 120 days; the company also accepted a standstill on new securities issuances until the amendment is filed with Delaware. Proceeds will repay a portion of a credit facility and fund working capital. The new shares equal roughly 22% of the 30,149,059 common shares outstanding, with another 6,666,666 shares possible upon warrant exercise, making dilution and the share-authorization overhang the key takeaways despite the fresh capital.

SEC 8-K•1mo ago

DynaResource Reports Q2 2026 Results at the San Jose de Gracia Mine

DynaResource reported Q2 revenue of $11.4 million, down from $15.9 million in the prior year, as gold production fell 35% to 3,703 ounces due to lower grades and a contractor transition. Despite the operational slump, the company remained profitable with net income of $0.6 million and secured a favorable court ruling in Mexico protecting eight mining concessions from cancellation. To support operations and service debt, the company announced a non-brokered private placement aiming to raise $3.0 million at $0.45 per unit.

•2mo ago

DYNR: 8-K · offering registration

DynaResource (OTCQX: DYNR) announced on August 11, 2026 a non-brokered private placement with certain existing stockholders to raise gross proceeds of US$3.0 million, or up to US$6.4 million if all warrants are exercised. Units are priced at US$0.45, each consisting of one common share and one warrant exercisable at US$0.51, with warrant exercise conditional on an increase in the Company's authorized shares. The deal is not yet closed: the investing stockholders have committed only an advance of US$851,250, and the Company must return all advance funds if definitive documentation is not executed. Management states the parties expect to finalize documentation without difficulty, but no assurance is given. Proceeds are earmarked for general corporate purposes, working capital, debt service obligations including overdue debt repayments, and capital expenditures at the San José de Gracia gold project in Sinaloa, Mexico. CEO Rohan Hazelton acknowledged the Company's financial position has been reduced due to ongoing debt repayments and operational challenges — a clear liquidity-stress signal for this micro-cap junior gold producer.

SEC 8-K•2mo ago

DYNR: 10-Q · periodic report

DynaResource reported Q1 2026 revenue of $18.0 million, a 32% increase year-over-year, driven by higher realized gold prices and increased processing throughput at its San José de Gracia mine in Mexico. The company posted net income of $2.5 million and basic EPS of $0.08, compared to $601k net income and $0.02 EPS in the prior year period. Despite profitability, the filing includes explicit going-concern language, citing negative working capital of $33.4 million and an accumulated deficit of $62.8 million. The company states its ability to continue as a going concern is dependent on raising additional capital through equity or debt financing. In a subsequent event disclosed in the filing, DynaResource completed a non-brokered private placement with Ocean Partners UK Limited on May 1, 2026, issuing 833,333 shares at $1.20 per share for gross proceeds of $1.0 million. The company intends to use these proceeds to strengthen its balance sheet and fund operations.

SEC 10-Q•5mo ago