Dorchester Minerals acquires ~15,733 net royalty acres in two deals for 7.25M common units

DORCHESTER MINERALS, L.P.

First deal: 14,529 net royalty acres in Permian Basin (65% Delaware, 35% Midland) for 6,721,144 common units.
Second deal: 1,204 net royalty acres in Weld County, Colorado for 530,000 common units.
Both acquisitions are non-taxable contributions; cash from properties after July 1, 2024 will be contributed at closing.
Closings expected September 30, 2024, subject to customary conditions.
Contributor with ≥1M units gets board representation rights under first deal.

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