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# Eight Concessions Were Being Cancelled Without Notice. A Court Just Intervened.
- URL: https://www.pennystocks.news/dynr-eight-concessions-were-being-cancelled-without-notice-a/
- Published: 2026-08-18T14:05:00.000Z
- Updated: 2026-08-24T16:45:18.000Z
- Description: A federal court in Mexico ruled DynaResource was denied due process in proceedings that could cancel eight of its mine's concessions. The underlying case is still open, and the company is raising money partly to cover overdue debt.
- Author: PennyStocksNews Team
- Tags: otc, ticker-dynr

Eight of DynaResource's mining concessions in Mexico were being cancelled by the country's mining authorities. The company says it was never properly told.

On August 5, a federal court in Mexico ruled in DynaResource's favour in an Amparo proceeding — a constitutional challenge — brought by its Mexican subsidiary. The court found that **DynaResource had been denied its constitutional right to due process** during the administrative proceedings that led to the claimed cancellation of **eight concessions associated with the San José de Gracia mine**. It ordered authorities to restart the notification process before taking any further administrative action, according to the company's August 5 announcement.

DYNARESOURCE, INC. OTC: DYNR 

That is a procedural win, not a final one. The company said in its August 17 press release that the ruling **does not finally resolve the underlying administrative matter** — the concessions remain subject to unfinished proceedings, and the respondent authorities may still appeal the decision. For shareholders, that means the question of whether the company retains the legal basis to operate eight parts of its only mine has been returned to the starting line rather than answered.

Six days after the court ruled, DynaResource went to its existing shareholders for cash. An August 11 company announcement disclosed a non-brokered private placement targeting **$3.0 million in gross proceeds**, or up to $6.4 million if all warrants are exercised. Units are priced at $0.45 each; each unit includes one common share and one warrant with an exercise price of $0.51\. The company listed intended uses as working capital, capital spending, and **overdue debt repayments** — the announcement does not name the lender or say how much is past due.

The warrants cannot be exercised until the company increases its authorised share count to accommodate them. That vote has not yet been scheduled.

Against this backdrop, Q2 2026 production at San José de Gracia came in at **3,703 ounces of gold**, down from 5,701 ounces in the same quarter a year earlier. The primary cause, the company says, was a fall in ore grade: the average head grade processed in Q2 2026 was **2.45 grams per tonne**, against 3.63 grams per tonne in Q2 2025\. Revenue for the quarter came to about $11.4 million, compared with about $15.9 million in Q2 2025.

The grade decline coincided with a contractor change. The company terminated one of its two underground mining contractors during Q2 after identifying persistent safety and performance failures. The remaining contractor is now absorbing the full workload, and CEO Rohan Hazelton said the transition is expected to take three to six months. The company described its **full-year 2026 production outlook as uncertain**, conditional on how quickly the new team establishes itself underground.

The eight concessions at the centre of the court ruling are the same ground the company is betting on to support that recovery. How the administrative proceedings ultimately conclude will determine whether it has the right to mine them at all.