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DynaResource, Inc. and DynaResource de México SA. de CV. Announce the Filing in Dallas County, TX of a Petition for Recognition Of The $48M USD Foreign Judgment Against Goldgroup Resources Inc. (the Subsidiary of Goldgroup Mining Inc.)
DynaResource, Inc. and DynaResource de México SA. de CV. Announce the Filing in Dallas County, TX of a Petition for Recognition Of The $48M USD Foreign Judgment Against Goldgroup Resources Inc. (the Subsidiary of Goldgroup Mining Inc.).
About this update from Dynaresource, Inc.
[{"type":"text","content":"IRVING, TX / ACCESSWIRE / September 29, 2020 / (OTCQB:DYNR) DynaResource, Inc. ("DynaUSA") and its subsidiary DynaResource de México SA de C.V. ("DynaMéxico"), the 100% owner of the San José de Gracía high grade gold project in Sinaloa, México, are pleased to announce the August 28, 2020 Filing in Dallas County, Texas of a Petition for Recognition of the $48M USD Foreign Judgment (the "$48M USD Recognition Claim"); against Goldgroup Resources Inc., the 100% owned Subsidiary of Goldgroup Mining Inc. ("GGA.TO"), in Order to Recognize in the United States, the $48M USD Foreign Judgment obtained in México against Goldgroup Resources Inc.On December 6, 2019, The Final México Legal Ruling was Issued by The 11th Federal Circuit Collegiate Court in México, wherein the $48,280,808.34 damages award in Favor of DynaMéxico and against Goldgroup Resources Inc. was confirmed in Final Legal Ruling (the "México Final Legal Ruling"). (See the DynaUSA and DynaMéxico News Release Issued December 20, 2019.)México Final Legal Ruling (December 6, 2019)The México Final Legal Ruling was Favorable to DynaMéxico, and denied the Amparo challenge of Goldgroup Resources Inc. The México Final Legal Ruling is the result and culmination of 7 years of legal action performed by DynaMéxico and is the Final Ruling of the 11th Federal Circuit Collegiate Court. With this México Final Legal Ruling issued, all matters before the Court in México with respect to DynaMéxico and Goldgroup Resources Inc. are fully resolved and are no longer subject to appeal or reconsideration.DynaMéxico Foreclosure and Recovery of Goldgroup Shares (February 20, 2020)On February 20, 2020, The Final Foreclosure Judgment was issued by a México City Court, effectively foreclosing on all remaining shares of DynaMéxico formerly held by Goldgroup Resources Inc. and awarding those shares to DynaMéxico (the "DynaMéxico Foreclosure Judgment"). (See DynaUSA and DynaMéxico News Release issued April 14, 2020.)Prior to the DynaMéxico Foreclosure Judgment, Goldgroup Resources Inc. owned shares of DynaMéxico constituting 20% of the total outstanding shares of DynaMéxico.Comments from DynaUSA CEO, DynaMé...