DYNARESOURCE, INC. (DYNR): debt financing — DynaResource expands credit line to $15M, extends gold offtake through 2030

DYNARESOURCE, INC.

Credit facility increased from $12.5M to $15M with 6-month principal grace and 18-month repayment.
Interest rate set at 3-month SOFR + 6.75%, payable monthly; proceeds for expansion and working capital.
Offtake agreement extended to Dec 31, 2030, with improved gold payability terms and Ocean Partners UK added as joint buyer.
Parent company guarantee, general security agreement, and pledge of Dyna Mex shares secure the facility.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

DYNARESOURCE, INC. incurred credit facility of $15 million with Ocean Partners UK Limited at 3-month Secured Overnight Financing Rate (SOFR) + 6.75%.

Instrument: credit facility
Principal: $15 million
Counterparty: Ocean Partners UK Limited
Rate: 3-month Secured Overnight Financing Rate (SOFR) + 6.75%
Event: incurrence

Exact text from the filing

as a joint buyer thereunder, with full rights and obligations as set out therein. • To provide for a Concentrate Credit Facility (the “Credit Facility”) in the amount of $15 million to replace the $12.5 million line of credit under the prior Offtake Agreement amendment, the principal under the Credit Facility being repaid in equal monthly installments in

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Source: SEC EDGAR

accession 0000950170-25-112536

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