DynaResource Inc. Expands Credit Line Facility to $15 Million and Extends Offtake Agreement with Ocean Partners

Reuters2025-08-28

DynaResource Inc. Expands Credit Line Facility to $15 Million and Extends Offtake Agreement with <a href="https://laohu8.com/S/1B6.SI">Ocean</a> Partners

DynaResource Inc., based in Irving, Texas, has announced an expansion of its credit line facility in partnership with Ocean Partners UK Limited. The updated agreement increases the Concentrate Credit Line from $12.5 million to $15 million, with a 6-month grace period on principal repayments. This expansion is part of an amended agreement that also extends the offtake commitment, necessary for closing the credit facility. The new terms, including improved gold payability, extend the offtake agreement to December 31, 2030. The credit facility, featuring a competitive interest rate of 3M SOFR + 6.75%, will support repayment of existing advances, expansion capital, and general corporate purposes. This financial milestone aims to enhance DynaResource's working capital and bolster the development of the San Jose de Gracia Mine, positioning it for long-term growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DynaResource Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 264181) on August 27, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2562277891?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-28 05:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2562277891","market":"nz","top_or_hot":-1,"title":"DynaResource Inc. Expands Credit Line Facility to $15 Million and Extends Offtake Agreement with Ocean Partners","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      DynaResource Inc. Expands Credit Line Facility to $15 Million and Extends Offtake Agreement with <a href=\"https://laohu8.com/S/1B6.SI\">Ocean</a> Partners\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        DynaResource Inc., based in Irving, Texas, has announced an expansion of its credit line facility in partnership with Ocean Partners UK Limited. The updated agreement increases the Concentrate Credit Line from $12.5 million to $15 million, with a 6-month grace period on principal repayments. This expansion is part of an amended agreement that also extends the offtake commitment, necessary for closing the credit facility. The new terms, including improved gold payability, extend the offtake agreement to December 31, 2030. The credit facility, featuring a competitive interest rate of <a href=\"https://laohu8.com/S/MMM\">3M</a> SOFR + 6.75%, will support repayment of existing advances, expansion capital, and general corporate purposes. This financial milestone aims to enhance DynaResource's working capital and bolster the development of the San Jose de Gracia Mine, positioning it for long-term growth.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DynaResource Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 264181) on August 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DynaResource Inc. Expands Credit Line Facility to $15 Million and Extends Offtake Agreement with Ocean Partners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDynaResource Inc. Expands Credit Line Facility to $15 Million and Extends Offtake Agreement with Ocean Partners\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-28 05:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      DynaResource Inc. Expands Credit Line Facility to $15 Million and Extends Offtake Agreement with <a href=\"https://laohu8.com/S/1B6.SI\">Ocean</a> Partners\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        DynaResource Inc., based in Irving, Texas, has announced an expansion of its credit line facility in partnership with Ocean Partners UK Limited. The updated agreement increases the Concentrate Credit Line from $12.5 million to $15 million, with a 6-month grace period on principal repayments. This expansion is part of an amended agreement that also extends the offtake commitment, necessary for closing the credit facility. The new terms, including improved gold payability, extend the offtake agreement to December 31, 2030. The credit facility, featuring a competitive interest rate of <a href=\"https://laohu8.com/S/MMM\">3M</a> SOFR + 6.75%, will support repayment of existing advances, expansion capital, and general corporate purposes. This financial milestone aims to enhance DynaResource's working capital and bolster the development of the San Jose de Gracia Mine, positioning it for long-term growth.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DynaResource Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 264181) on August 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DYNR","symbol_name":"DynaResource, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250827:nNDL1c7MK7:1","article_id":"2562277891","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562277891","pubTimestamp":1756328461,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"DynaResource Inc., based in Irving, Texas, has announced an expansion of its credit line facility in partnership with Ocean Partners UK Limited. The updated agreement increases the Concentrate Credit Line from $12.5 million to $15 million, with a 6-month grace period on principal repayments. This expansion is part of an amended agreement that also extends the offtake commitment, necessary for closing the credit facility. The new terms, including improved gold payability, extend the offtake agreement to December 31, 2030. The credit facility, featuring a competitive interest rate of 3M SOFR + 6.75%, will support repayment of existing advances, expansion capital, and general corporate purposes. This financial milestone aims to enhance DynaResource's working capital and bolster the development of the San Jose de Gracia Mine, positioning it for long-term growth.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to pr","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DYNR":"DynaResource, Inc.","BK4017":"黄金"},"translate_title":"DynaResource Inc.将信贷额度扩大至1500万美元并延长与Ocean Partners的承购协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DYNR":0.9},"content_text":"DynaResource Inc. Expands Credit Line Facility to $15 Million and Extends Offtake Agreement with Ocean Partners\n    \n\n        DynaResource Inc., based in Irving, Texas, has announced an expansion of its credit line facility in partnership with Ocean Partners UK Limited. The updated agreement increases the Concentrate Credit Line from $12.5 million to $15 million, with a 6-month grace period on principal repayments. This expansion is part of an amended agreement that also extends the offtake commitment, necessary for closing the credit facility. The new terms, including improved gold payability, extend the offtake agreement to December 31, 2030. The credit facility, featuring a competitive interest rate of 3M SOFR + 6.75%, will support repayment of existing advances, expansion capital, and general corporate purposes. This financial milestone aims to enhance DynaResource's working capital and bolster the development of the San Jose de Gracia Mine, positioning it for long-term growth.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DynaResource Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 264181) on August 27, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.13","shortVersion":"4.35.13","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2562277891","isCrawlerRequest":true}