DYNARESOURCE, INC. (OTCMKTS:DYNR) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders.
Annual Meeting Results
On December 10, 2016, the Company held its annual meeting of
stockholders (the Annual Meeting). At the Annual Meeting, the
Companys stockholders voted on the election of directors and the
other proposals described in the Companys Proxy Statement as
filed on Schedule 14A. The number of votes cast for and against
and the number of abstentions and broker non-votes with respect
to each matter voted on are set forth below.
1. Election of Class I Directors. At the Annual
Meeting, the holders of Series A Preferred Stock were eligible to
vote for the Class I Directors and elected each Class I director
nominee to the Board of Directors by the following votes:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes | |||||
| K.W. (K.D.) Diepholz | 1,000 | |||||||
| Dr. Jose Vargas Lugo | 1,000 | |||||||
| Rene L.F. Mladosich | 1,000 | |||||||
| Pedro I. Teran Cruz | 1,000 |
2. Election of Class II Directors. At the Annual
Meeting, the holders of common stock were eligible to vote for
the Class II Directors and elected each Class II director nominee
to the Board of Directors by the following votes:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes | |||||
| Dale G. Petrini | 10,123,578 | 514,748 | ||||||
| John D. Wasserman | 10,027,578 | 520,748 |
3. Election of Class III Director. At the Annual
Meeting, the holders of Series C Preferred Stock were eligible to
vote for the Class III Director and elected the sole Class III
director nominee to the Board of Directors by the following
votes:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes | |||||
| Philip A. Rose | 1,733,221 |
4. Advisory Vote on Executive Compensation. The
shareholders approved, on an advisory, non-binding basis, the
Companys executive compensation by the following vote:
| Votes For | Votes Withheld | Broker Non-Votes | ||||||||
| 9,929,664 | 618,662 | |||||||||
5. Advisory Vote on Frequency of Shareholder Advisory
Vote on Executive Compensation. The stockholders
approved, on an advisory, non-binding basis, the frequency of an
advisory vote on the Companys executive compensation by the
following vote:
| One Year | Two Years | Three Years | Broker Non-Votes | |||||
| 5,862,860 | 3,873,140 | 812,326 |
About DYNARESOURCE, INC. (OTCMKTS:DYNR)
DynaResource, Inc. is a minerals investment, management and exploration company. The Company is engaged in the business of exploration and development of resource properties. The Company operates through Mexico segment. The Company conducts test mining and pilot milling operations through an operating subsidiary in Mexico, with focus on precious and base metals in Mexico. It owns around 80% of the outstanding shares of DynaResource de Mexico, S.A. de C.V. (DynaMexico). DynaMexico owns mining concessions, equipment, camp and related facilities, which include the San Jose de Gracia Property (SJG District), in northern Sinaloa State, Mexico. The mining concessions, which include the SJG District, cover around approximately 69,120 hectares on the west side of the Sierra Madre mountain range. The Company also owns Mineras de DynaResource S.A. de C.V. (DynaMineras), the operating entity of the San Jose de Gracia Project, under contract with DynaMexico. DYNARESOURCE, INC. (OTCMKTS:DYNR) Recent Trading Information
DYNARESOURCE, INC. (OTCMKTS:DYNR) closed its last trading session down -0.02 at 1.78 with 4,080 shares trading hands.