other material
confidence high
sentiment neutral
materiality 0.60
DynaResource closes $6M private placement of 5.77M shares at $1.04 per share
DYNARESOURCE, INC.
- Gross proceeds of $6M from sale of 5,769,231 common shares at $1.04 per share to existing shareholders.
- Proceeds to fund exploration drilling, mill optimization, working capital, and general corporate purposes.
- All shares subject to a minimum six-month holding period under Rule 144.
- CEO notes recent operational improvements including a new vibrating screen and Falcon concentrator, reducing tailings gold grade.