DynaResource, Inc. Announces Resignation of Charles E. Smith as Officer and Director
October 08, 2014 at 04:58 pm EDT
Share
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.
DynaResource, Inc. is a minerals investment, management, and exploration company. The Company is engaged in the business of acquiring, investing in, and developing precious metal properties, and the production of precious metals. The Company has one wholly owned subsidiary in the United States, DynaMexico US Holding, LLC (US Holding) and three wholly owned subsidiaries in Mexico, DynaResource de Mexico, S.A. de C.V. (DynaMexico), Mineras de DynaResource S.A. de C.V. (DynaMineras), and DynaResource Operaciones de San Jose De Gracia S.A. de C.V. (DynaOperaciones). DynaMexico owns a portfolio of mining concessions that comprises its 100% interest in the San Jose de Gracia Project (SJG) in northern Sinaloa State, Mexico. It conducts test mining and pilot milling operations, and other exploration activities of the SJG, in Mexico. The SJG Project is located on map sheet G13-A81 in the Culiacan mining district of Sinaloa State, Mexico.