other material
confidence high
sentiment neutral
materiality 0.65
DynaResource closes $6M private placement; issues 5.77M shares at $1.04/share
DYNARESOURCE, INC.
- Issued 5,769,231 common shares at $1.04 per share for gross proceeds of $6,000,000.
- Purchasers include Golden Post Rail, Ocean Partners Holdings, and CEO Rohan Hazelton.
- Proceeds for exploration drilling, mill optimization, working capital, and general corporate purposes.
- New Falcon concentrator installed July 2024; cost reduction measures underway at San Jose de Gracia mine.
- Shares subject to six-month holding period under Rule 144.