debt
confidence high
sentiment positive
materiality 0.70
DynaResource repays $4M TACL and $5.85M RCL, expands RCL to $12.5M
DYNARESOURCE, INC.
- Repaid $4,000,000 Temporary Additional Credit Line and $5,850,000 Revolving Credit Line due Nov 30, 2024.
- RCL maximum increased to $12,500,000; company drew $9,850,000, leaving $2,650,000 available.
- Interest rate on RCL unchanged; facility with Ocean Partners Holdings.
- Company had $4.7 million cash on hand as of November 30, 2024.
- CEO Rohan Hazelton says actions demonstrate disciplined capital management.