---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-117445"
form_type: "8-K"
ticker: "DYNR"
cik: "0001111741"
company_name: "DYNARESOURCE, INC."
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T09:57:48.746775+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-117445
- form_type: 8-K
- ticker: DYNR
- cik: 0001111741
- company_name: DYNARESOURCE, INC.
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111741/000095017024117445/0000950170-24-117445-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111741/000095017024117445/dynr-20241021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-117445
- JSON: https://secwatch.observer/filing/0000950170-24-117445.json
- Plain text: https://secwatch.observer/filing/0000950170-24-117445.txt

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