---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-008882"
form_type: "8-K"
ticker: "DYNR"
cik: "0001111741"
company_name: "DYNARESOURCE, INC."
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T11:35:31.059190+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DynaResource extends offtake with Ocean Partners; gets $5M equity, $17.5M credit line

## Summary
- Extends gold concentrate offtake agreement through Dec 2026 with automatic annual renewals.
- Credit line increased to $17.5M; option to convert up to $10M into revolving credit at SOFR+7.5%.
- Ocean Partners to buy 1M shares at $5/share ($5M total) in private placement.
- Ocean Partners gets board nomination right; Brent Omland initial nominee.
- Early termination fee of $1M applies if DynaResource ends the offtake agreement.

## SEC filing metadata
- accession: 0001654954-23-008882
- form_type: 8-K
- ticker: DYNR
- cik: 0001111741
- company_name: DYNARESOURCE, INC.
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111741/000165495423008882/0001654954-23-008882-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111741/000165495423008882/dynr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-008882
- JSON: https://secwatch.observer/filing/0001654954-23-008882.json
- Plain text: https://secwatch.observer/filing/0001654954-23-008882.txt

## Key facts
- Material Agreements
  DYNARESOURCE, INC. entered into Memorandum of Understanding with Ocean Partners Holdings Limited (effective 2023-06-29).
  - Action: entry
  - Counterparty: Ocean Partners Holdings Limited
  - Effective: 2023-06-29
  source text: On June 29, 2023 DynaResource, Inc. (the “Company”), entered into a Memorandum of Understanding with Ocean Partners Holdings Limited (“OP”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111741/000165495423008882/0001654954-23-008882-index.htm

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