An anonymous director reports

GOLDGROUP PROVIDES UPDATE ON DYNARESOURCE INC. INJUNCTION

On June 29, 2015, a Mazatlan judge denied DynaResources de Mexico SA de CV the request for an amparo, which is, by Mexican law, an appeal to the injunction obtained by Goldgroup Mining Inc. against DynaMex regarding the 300 new shares of DynaMex issued in favour of DynaResource Inc. (DynaUSA). The issuance of the DynaMex shares to DynaUSA diluted Goldgroup's ownership interest in DynaMex with DynaUSA purporting to be an owner of 80 per cent of DynaMex. For further information, please read Goldgroup's Jan. 14, 2014, press release titled "Goldgroup obtains injunction against DynaResource Inc."

With the denial of the amparo, DynaMex, DynaUSA and Koy Wilber Deipholz, another shareholder of DynaMex, must observe the following:

• DynaUSA is forbidden from selling any of the 300 DynaMex shares in question.
• DynaMex is obligated to register such injunction in its corporate books and may not make any amendment to its shareholders registry book.
• The 300 DynaMex shares will remain with no corporate and/or economic rights until a final judgment is issued on the nullity lawsuit filed with respect to the extraordinary shareholders meeting held by DynaMex shareholders on May 17, 2013, whereby Goldgroup's ownership interest was diluted from 50 per cent to 20 per cent. Goldgroup considers that such meeting was in violation of a number of legal requirements, including, but not limited to, the bylaws of DynaMex, the capitalization of debt (accounts payable) without the prior approval of the financial statements of the company and by approving such capitalization by a shareholder (DynaUSA) for its own benefit. Under Mexican law, parties with a conflict of interest must abstain from voting in such a manner.

We seek Safe Harbor.