On October 6, 2014, Charles E. Smith resigned as an officer and director of DynaResource, Inc. for personal reasons, and in order to provide the availability for incoming officers and directors as the company moves into its next phase of development. Mr. Smith will continue to work with the company and its subsidiaries in Mexico, with a focus on the Mexico operations, as the company transitions from an exploration and development company to a production company. Mr. Smith will continue in a consulting capacity as needed by the company.