Each one in plain English, with the numbers worked through for a shareholder.
6 May 2026capital raising announcement▲ Good
Ocean Partners bought another $1.0 million of stock (833,333 shares at $1.20) -- a modest price recovery from the October 2024 raise; Golden Post separately waived certain rights under its own 2024 purchase agreement.
What it means for a shareholder
833,333 new shares at US$1.20 to raise about US$1.0m. That's 2.8% dilution: every existing holder's slice gets 2.8% smaller. If you held US$1,000 of shares (833 at the issue price), your slice goes from 0.00284% to 0.00276% of the company. To keep it you'd need 24 more shares - about US$29 at the issue price.
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.
Signed 'Amendment Agreement #5' to the Ocean Partners offtake/credit facility, under which DynaResource Mexico gave up its right to convert up to $9 million of a temporary credit-line increase and revolving facility -- part of a running series of adjustments to the financing package.
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.
What it means for a shareholder
5.8m new shares at US$1.04 to raise about US$6.0m. That's 20% dilution: every existing holder's slice gets 20% smaller. If you held US$1,000 of shares (962 at the issue price), your slice goes from 0.00406% to 0.00327% of the company. To keep it you'd need 234 more shares - about US$243 at the issue price.
Finalized the Ocean Partners deal: signed the definitive Offtake Agreement amendment and Stock Purchase Agreement, formalizing the terms from the June 2023 MOU.
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.
19 July 2022capital raising announcement▲ GoodMajor
Golden Post Rail exercised its 2015 warrant for 2,655,361 shares at $2.04, paying the company about $5.4 million.
What it means for a shareholder
2.7m new shares at US$2.04 to raise about US$5.4m. That's 11% dilution: every existing holder's slice gets 11% smaller. If you held US$1,000 of shares (490 at the issue price), your slice goes from 0.00236% to 0.00209% of the company. To keep it you'd need 63 more shares - about US$129 at the issue price.
20 May 2020capital raising announcement▲ GoodMajor
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.
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.
Auditor MaloneBailey LLP declined reappointment for the 2017 audit; its April 2017 letter had flagged a material weakness (insufficient accounting staff for adequate internal checks and balances), already disclosed in the FY2016 10-K.
22 June 2015capital raising announcement▲ GoodMajor
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.
What it means for a shareholder
1.0m new shares at US$2.50 to raise about US$2.5m. That's 6.1% dilution: every existing holder's slice gets 6.1% smaller. If you held US$1,000 of shares (400 at the issue price), your slice goes from 0.00262% to 0.00245% of the company. To keep it you'd need 26 more shares - about US$65 at the issue price.
Auditor The Hall Group, CPAs resigned after exiting public-company audit work entirely; no adverse opinions or disagreements noted in its prior reports.
