---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-070921"
form_type: "8-K"
ticker: "DYNR"
cik: "0001111741"
company_name: "DYNARESOURCE, INC."
filed_at: "2024-06-07T23:59:59+00:00"
generated_at: "2026-06-01T05:28:32.888358+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DynaResource extends offtake to Dec 2028, gets $4M credit line, $2.5M placement, new CEO

## Summary
- Offtake agreement with Ocean Partners extended to Dec 31, 2028; $4M temporary credit line due Nov 30, 2024.
- Revolving credit line to increase from $10M to $12.5M after repayment of TACL and RCL.
- Rohan Hazelton appointed President, CEO, interim CFO; K.D. Diepholz becomes non-executive Chairman.
- Golden Post Rail LLC to purchase 1,552,795 shares at ~$1.61/share for $2.5M.
- Put option allows Ocean Partners to convert up to $9M of RCL into common stock at ~$1.61/share, exercisable Nov 1-30, 2024.

## SEC filing metadata
- accession: 0000950170-24-070921
- form_type: 8-K
- ticker: DYNR
- cik: 0001111741
- company_name: DYNARESOURCE, INC.
- filed_at: 2024-06-07T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 1.01, 2.03, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111741/000095017024070921/0000950170-24-070921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111741/000095017024070921/dynr-20240603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-070921
- JSON: https://secwatch.observer/filing/0000950170-24-070921.json
- Plain text: https://secwatch.observer/filing/0000950170-24-070921.txt

## Key facts
- Executive change
  Rene Mladosich resigned as director at DYNARESOURCE, INC..
  - Action: resigned
  - Role: director
  source text: Mr. Rene Mladosich resigned his position as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111741/000095017024070921/0000950170-24-070921-index.htm
- Executive change
  Rohan Hazelton was appointed as director, President, Chief Executive Officer, and interim Chief Financial Officer at DYNARESOURCE, INC..
  - Action: appointed
  - Role: director, President, Chief Executive Officer, and interim Chief Financial Officer
  source text: Mr. Rohan Hazelton, age 50, was appointed to serve as a director, filling the vacancy arising from Mr. Mladosich’s resignation, and as the Company’s new President, Chief Executive Officer, and interim Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111741/000095017024070921/0000950170-24-070921-index.htm
- Executive change
  Koy D. Diepholz resigned as President, Chief Executive Officer, and interim Chief Financial Officer at DYNARESOURCE, INC..
  - Action: resigned
  - Role: President, Chief Executive Officer, and interim Chief Financial Officer
  source text: Mr. Koy D. Diepholz resigned his position as President, Chief Executive Officer, and interim Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111741/000095017024070921/0000950170-24-070921-index.htm
- Executive change
  Koy D. Diepholz was appointed as non-executive Chairman of the Board of Directors at DYNARESOURCE, INC..
  - Action: appointed
  - Role: non-executive Chairman of the Board of Directors
  source text: Mr. Diepholz was appointed to serve as the non-executive Chairman of the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111741/000095017024070921/0000950170-24-070921-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.