DynaResource Reports Successful Repayment of Existing Credit Facilities and Drawdown of Expanded Revolving Credit Line [Yahoo! Finance]
DYNARESOURCE INC (DYNR)
NASDAQ:AMEX Investor Relations:
newswire.ca/news-releases/dynaresource-engages-gale-capital-corporation-as-its-investor-relations-advisor-509664851.html
Company Research
Source: Yahoo! Finance
Company") is pleased to announce the successful repayment of its Temporary Additional Credit Line ("TACL") with Ocean Partners Holdings Limited ("Ocean Partners"), reflecting the Company's strong financial management and operational progress. The Company recently fulfilled its obligation to repay the Four Million Dollar ($4,000,000) TACL due November 30, 2024, payable alongside the Five Million, Eight Hundred and Fifty Thousand ($5,850,000) outstanding balance of the Revolving Credit Line ("RCL"). Upon full repayment of the TACL and RCL, the maximum principal amount under the RCL agreement was increased to Twelve Million Five Hundred Dollars ($12,500,000). The Company has drawn down Nine Million, Eight Hundred and Fifty Thousand Dollars ($9,850,000), with interest accruing at the same rate as the ongoing and outstanding RCL with Ocean Partners. This provides a total of Two Million, Six Hundred and Fifty Thousand Dollars ($2,650,000) available for further draw down under the RCL ag
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DYNR
News
- DynaResource Reports November Production and Management Initiatives at the San Jose de Gracia Mine [Yahoo! Finance]Yahoo! Finance
- DynaResource Reports October Production Demonstrating Strong Month Over Month Metal Production Growth at the San Jose de Gracia Mine [Yahoo! Finance]Yahoo! Finance
- DynaResource reports Q3 results [Seeking Alpha]Seeking Alpha
- DynaResource Reports Q3 2024 Results Demonstrating Operational Turnaround Progress at the San Jose de Gracia Mine [Yahoo! Finance]Yahoo! Finance
DYNR
Sec Filings
- 12/20/24 - Form 8-K
- 12/10/24 - Form 8-K
- 12/10/24 - Form DEFA14A
- DYNR's page on the SEC website