DYNARESOURCE, INC.

Entered a new secured Credit Facility with Ocean Partners UK (SOFR+6.75%, repaid over months 7-24, $3M termination fee), secured by a DynaResource parent-company guarantee, a general security agreement, and a pledge of DynaResource Mexico shares -- more capital, but with real collateral risk if the facility defaults.

debt financing

Raised about $6.0 million selling 5,769,231 shares at $1.04 each to Golden Post Rail, Ocean Partners and three individual investors -- a steep price drop from Ocean Partners' $5.00/share purchase just over a year earlier.

capital raising announcement

Signed a definitive $2.5 million Stock Purchase Agreement with Golden Post Rail, formalizing a June 2024 MOU that also involved Ocean Partners.

capital raising announcement

Finalized the Ocean Partners deal: signed the definitive Offtake Agreement amendment and Stock Purchase Agreement, formalizing the terms from the June 2023 MOU.

material agreement

Signed an MOU with Ocean Partners Holdings to extend its Gold Concentrate Purchase (offtake) Agreement for the San Jose de Gracia mine through 2026 on an evergreen basis, raise the advance credit line to $17.5 million, add a $10 million revolving-credit conversion option, and have Ocean Partners buy $5 million of stock (1,000,000 shares at $5.00) with a board seat -- a major new strategic financing partner alongside offtake buyer MK Metal Trading Mexico.

material agreement

Golden Post Rail exercised its 2015 warrant for 2,655,361 shares at $2.04, paying the company about $5.4 million.

capital raising announcement

Closed a $3.9 million convertible-note financing led by Golden Post Rail, LLC ($2.5M note, 10% interest, convertible into Series D Preferred at $2.00/share) plus other investors ($1.4M more), each also receiving long-dated warrants at a nominal $0.01 strike -- critical capital during the COVID downturn.

capital raising announcement

Restated FY2017-2018 financials after concluding certain mining-site improvement and equipment costs had been wrongly capitalized rather than expensed, cutting reported earnings by $755,209 (2017) and $1,109,324 (2018) and removing a combined roughly $2.3 million from the balance sheet.

financial restatement

Completed a $2.5 million private placement (1,000,000 shares at $2.50) with an accredited investor, plus warrants for 1,000,000 more shares at $2.50, expiring December 2017.

capital raising announcement