Irving, Texas (September 18, 2017) DynaResource, Inc., of Irving Texas, (OTCQB: DYNR; “DynaUSA”) reports that DynaResource de México SA de C.V. (“DynaMéxico”), the 100% owner of the San Jose de Gracia high grade gold project, located in the County of Sinaloa de Leyva, State of Sinaloa, México, issued a news release dated September 15, 2017, announcing the favorable ruling for DynaMéxico against Goldgroup Resources Inc. in an Amparo Trial (an appellate ruling) in the State of Veracruz, México. Goldgroup Resources Inc. is reported to be 100% owned by Goldgroup Mining Inc., Vancouver, BC Canada. The news release issued by DynaMéxico is set forth below: “Mazatlán, Sinaloa, México (September 15, 2017) DynaResource de México SA de C.V. (“DynaMéxico”), the 100% owner of the San José de Gracia High Grade Gold Project in northern Sinaloa, México, announces that on August 24, 2017, a Federal Amparo Judge (“Juzgado de Distrito”) in the State of Veracruz, Mexico dismissed Goldgroup Resources Inc.’s Amparo Trial challenge to the $48 million USD damages award previously granted in favor of DynaMéxico. Pursuant to the ruling issued by the Federal Amparo Judge, the $48 M damages award – previously granted to DynaMéxico by the Thirty-Sixth Civil Court of the Superior Court of Justice of the Federal District of Mexico on October 5, 2015 – was effectively confirmed. In the Federal Amparo Court, Goldgroup Resources Inc. (“Goldgroup”) claimed that it was unaware of the Superior Court legal action which ultimately resulted in the $48 million damages award to DynaMéxico. Goldgroup further claimed that this lack of knowledge was the reason for its having missed the deadline for filing an Amparo Trial challenge to the $48 million damages award. The Federal Amparo Judge found, contrary to Goldgroup’s claims, both Goldgroup and its legal counsel had full knowledge of the existence of the Superior Court legal action since at least January 2015. Accordingly, the Federal Amparo Judge dismissed Goldgroup’s Amparo Trial challenge.” Legal Background (Recent Awards – Legal Decisions in Favor of DynaMéxico): $48M USD Damages Award and Definitive Sentence against Goldgroup (October 5, 2015): DynaMéxico was awarded $48 million USD in damages against Goldgroup on October 05, 2015, as described in the Sentencia Definitiva (“Definitive Sentence”) issued by the Thirty-Sixth Civil Court of the Superior Court of Justice of the Federal District of México, File number 1120/2014. Grant of Lien upon the Shares of DynaMéxico owned by Goldgroup (October 5, 2016):
DynaResource, Inc. Announces a News Release Issued by DynaResource de México SA de CV on September 15, 2017 (DynaResource de México S.A. de C.V. Wins Amparo Trial Against Goldgroup Resources Inc.), 091817 Page 2
On October 5, 2016, the one-year anniversary of the $48 M damages award, the Thirty-Sixth Civil Court of the Superior Court of Justice of the Federal District of México granted to DynaMéxico, a lien (referred to by the Superior Court as an “Embargo”) upon 100% of the shares of DynaMéxico previously issued to Goldgroup, which at the time constituted 20% of the outstanding shares of DynaMéxico. The referenced 2015, 2016, and 2017 court rulings in Mexico, are all favorable for DynaMéxico. The cumulative effect of these rulings is as follows: (a) Goldgroup is responsible for the payment of $48 million USD in damages to DynaMéxico; (b) Goldgroup’s challenge to that award has once again been denied by an appellate court; and (c) Goldgroup’s 20% ownership of the share capital of DynaMéxico is subject to a lien in favor of DynaMéxico.
On behalf of the Board of Directors,
K.D. DIEPHOLZ; DynaResource, Inc.; CEO
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