DynaResource subsidiary agrees to forgo $9M debt-to-equity conversion right at $1.61/share

DYNARESOURCE, INC.

DynaResource de Mexico waived its option to convert up to $9M of credit facility into DynaResource equity at $1.61/share.
Consideration: continued support from Ocean Partners, including product purchases and participation in private offering closed Oct 18, 2024.
Amendment #5 effective October 21, 2024; other terms of the 2021 Gold Concentrate Purchase Agreement unchanged.
Removal of conversion right reduces potential future dilution, but eliminates a financing flexibility option.

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