secwatch / observer
8-K filed August 10, 2023, 7:59 PM ET ticker DYNR CIK 0001111741
other material confidence high sentiment positive materiality 0.60

DynaResource sells 1M shares to Ocean Partners for $5M; extends offtake agreement to 2026

DYNARESOURCE, INC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DYNARESOURCE, INC. entered into Stock Purchase Agreement with Ocean Partners (effective 2023-08-02).

Action
entry
Agreement
equity purchase
Counterparty
Ocean Partners
Effective
2023-08-02
Exact text from the filing
nto (1) an Amendment Agreement (the “Amendment”) to the Gold Concentrate Purchase Agreement dated February 1, 2021, as amended (the “Offtake Agreement”) by and between the Company’s affiliate, DynaResource de Mexico, SA de CV (“Dyna Mex”), and an affiliate of Ocean Partners UK Limited (“Ocean Partners”), MK Metal Trading Mexico SA de CV (“Buyer”), and (2) a Stock Purchase Agreement (the “Stock Purchase Agreement”) by and between the Company and Ocean Partners.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DYNARESOURCE, INC. entered into Amendment with an affiliate of Ocean Partners UK Limited (“Ocean Partners”), MK Metal Trading Mexico SA de CV (“Buyer”) (effective 2023-08-02).

Action
entry
Agreement
supply
Counterparty
an affiliate of Ocean Partners UK Limited (“Ocean Partners”), MK Metal Trading Mexico SA de CV (“Buyer”)
Effective
2023-08-02
Exact text from the filing
On August 2, 2023, the Company entered into (1) an Amendment Agreement (the “Amendment”) to the Gold Concentrate Purchase Agreement dated February 1, 2021, as amended (the “Offtake Agreement”) by and between the Company’s affiliate, DynaResource de Mexico, SA de CV (“Dyna Mex”), and an affiliate of Ocean Partners UK Limited (“Ocean Partners”), MK Metal Trading Mexico SA de CV (“Buyer”)
View on SEC.gov

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DYNARESOURCE, INC. filing history →

Source: SEC EDGAR
accession 0001654954-23-010439
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