Matthew K. Rose - Nov 9, 2022 Form 4 Insider Report for DYNARESOURCE INC (DYNR)

Signature
By: /s/ Matthew K. Rose
Stock symbol
DYNR
Transactions as of
Nov 9, 2022
Transactions value $
$183,890
Form type
4
Date filed
11/14/2022, 03:06 PM
Previous filing
Nov 2, 2022
Next filing
Dec 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DYNR Common Stock Purchase $114K +50K +40.2% $2.28 174K Nov 9, 2022 Direct F1
transaction DYNR Common Stock Purchase $69.9K +29K +16.63% $2.41 203K Nov 10, 2022 Direct F1, F2
holding DYNR Common Stock 2.66M Nov 9, 2022 By Golden Post Rail, LLC F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting persons may be deemed to be a member of a group with respect to the DynaResource, Inc. (the "Issuer") or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The reporting persons declare that neither the filing of this statement nor anything herein shall be construed as an admission that such persons are, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.29 to $2.45. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 Matthew K. Rose is the Manager, President, Secretary and Treasurer of Golden Post Rail, LLC ("Golden Post") and may be deemed to beneficially own the securities held by Golden Post. Mr. Rose disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. Mr. Rose states that neither the filing of this statement nor anything herein shall be deemed an admission that Mr. Rose is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of these securities. As a result of certain contractual rights, the reporting persons may be deemed to be a director by deputization with respect to the Issuer.