secwatch.observer — SEC 8-K summary
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Issuer:     DYNARESOURCE, INC. (DYNR)
CIK:        0001111741
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000950170-24-116264
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DynaResource closes $6M private placement; issues 5.77M shares at $1.04/share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111741/000095017024116264/0000950170-24-116264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111741/000095017024116264/dynr-20241018.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-116264

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer