DynaResource Announces US$3.0 Million Private Placement Financing

Rhea-AI Summary

DynaResource (OTCQX: DYNR) announced a non-brokered private placement with existing stockholders to raise gross proceeds of US$3.0 million, and up to US$6.4 million if all warrants are exercised. Units will be issued at US$0.45 per unit, each consisting of one common share and one common share purchase warrant with an exercise price of US$0.51.

Each warrant is conditional on an increase in authorized common shares and will be exercisable until the later of 180 days and 30 days after that condition is met. DynaResource has received a commitment for an advance of US$851,250, but completion depends on final definitive documentation, failing which advances must be returned. Net proceeds are expected to fund general corporate purposes, working capital, debt service (including overdue repayments), and capital expenditures at the San José de Gracia project.

Positive

• US$3.0M targeted gross proceeds, up to US$6.4M with warrants exercised
• Unit pricing at US$0.45 based on 20-day VWAP as of end of July 2026
• Advance commitment of US$851,250 from existing stockholders
• Proceeds earmarked for debt service and San José de Gracia capital expenditures

Negative

• Equity units and attached warrants imply potential shareholder dilution
• Warrant exercise conditional on increasing authorized shares of common stock
• Completion of the Offering depends on final definitive documentation or advances must be returned
• Company notes its financial position has been reduced by ongoing debt repayments and operational challenges

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Irving, Texas--(Newsfile Corp. - August 11, 2026) - DynaResource, Inc. (OTCQX: DYNR) ("DynaResource" or the "Company") announces a non-brokered private placement financing with certain of the Company's existing stockholders (the "Offering") to raise gross proceeds of US$3.0 million (or up to a gross aggregate of US$6.4 million if all warrants are exercised).

Financing Terms

Under the terms of the Offering, the Company will issue units at a subscription price of US$0.45 per unit, with each unit comprised of one common share of the Company and one common share purchase warrant. The subscription price is based on approximately the 20-day volume-weighted average price of the Company's shares as at the end of July 2026. Each warrant will have an exercise price of US$0.51 per share and be conditional on an increase in the Company's authorized shares of common stock to accommodate the exercise of the warrants (the "Authorized Shares Condition") and will be exercisable until the later of 180 days and 30 days after the Authorized Shares Condition is satisfied.

The Company has received a commitment from the investing stockholders for an advance of US$851,250 in connection with the Offering; however, completion of the Offering remains subject to the finalization of definitive documentation. While the parties expect to be able to finalize the investment definitive documentation without difficulties, no assurance can be given that definitive documentation will be successfully executed and delivered between the parties, in which case, the Company would be required to return all funds received as advances in connection with this Offering.

Use of Proceeds

The Company expects to use the net proceeds from the Offering for general corporate purposes, working capital, debt service obligations, including overdue debt repayments, and capital expenditures at the San José de Gracia Project.

"This financing reflects the continued support of key stakeholders and is expected to provide additional flexibility as we advance our plans at San José de Gracia," stated Rohan Hazelton, President and CEO of DynaResource. "We remain focused on strengthening the Company's financial position, which has been reduced due to ongoing debt repayments and operational challenges, and creating long-term value for shareholders."

On behalf of the Board of Directors of DynaResource, Inc.

Rohan Hazelton
President & CEO

About DynaResource

DynaResource is a junior gold mining producer trading on the OTCQX under the symbol "DYNR". DynaResource is actively mining and expanding the historic San Jose de Gracia gold mining district in Sinaloa, Mexico.  

For More Information on DynaResource, Inc. please visit www.dynaresource.com, or contact:

Investor Relations:
Katherine Pryde
Investor Relations Manager
+1 972-869-9400
info@dynaresource.com

No Offer or Solicitation

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities described herein have not been registered under the United States Securities Act of 1933, as amended, or any applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Certain information contained in this news release, including statements relating to the anticipated use of proceeds from the Offering and operational stabilization initiatives and future financial or operating performance may be deemed "forward-looking". All statements in this news release, other than statements of historical fact, that address events or developments that DynaResource expects to occur, are forward-looking information. These statements reflect the Company's current internal projections, expectations or beliefs and are based on information currently available to DynaResource. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "project", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. Many assumptions are based on factors and events that are not within the control of DynaResource and there is no assurance they will prove to be correct. Such factors include, without limitation: the availability and timing of additional capital; the timing and amount of any tax refunds or other receivables; operational performance at the San Jose de Gracia property; commodity prices; currency exchange rates; discrepancies between actual and estimated production, grades and metallurgical recoveries; taxation; regulatory, political and economic developments; additional funding requirements; mining and operating risks; accidents; labor disputes; title or permitting matters; and the risks referenced in the Annual Report on Form 10-K for DynaResource available at www.sec.gov. Forward-looking information is not a guarantee of future performance and actual results and future events could differ materially from those discussed in the forward-looking information. All forward-looking information contained in this news release is qualified by these cautionary statements. DynaResource expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/309281

FAQ

What is the size of DynaResource (OTCQX: DYNR) private placement announced on August 11, 2026?

DynaResource plans to raise US$3.0 million through a non-brokered private placement, with potential gross proceeds up to US$6.4 million if all warrants are exercised. According to DynaResource, the financing involves units sold to certain existing stockholders.

What are the pricing terms of the DynaResource (DYNR) private placement units and warrants?

Each unit is priced at US$0.45, based on the 20-day volume-weighted average price at end of July 2026. According to DynaResource, each unit includes one common share and one warrant with a US$0.51 exercise price, subject to an authorized share increase.

How long will DynaResource (DYNR) warrants from the August 2026 financing be exercisable?

The warrants will be exercisable until the later of 180 days and 30 days after the authorized shares condition is satisfied. According to DynaResource, warrant exercise depends on increasing authorized common shares to accommodate potential issuances.

What will DynaResource use the DYNR private placement proceeds for?

DynaResource expects to use net proceeds for general corporate purposes, working capital, debt service obligations, and capital expenditures at the San José de Gracia project. According to DynaResource, this includes addressing overdue debt repayments and supporting ongoing project advancement.

Is the DynaResource (OTCQX: DYNR) August 2026 private placement financing definitive?

The financing is not yet definitive; completion depends on finalizing definitive documentation. According to DynaResource, it has a commitment for an US$851,250 advance, but if documentation is not executed, all advances received must be returned.

Does the DynaResource August 2026 private placement affect existing DYNR shareholders?

The financing could dilute existing shareholders through new shares and warrants, if fully issued and exercised. According to DynaResource, units consist of one share and one warrant, and warrant exercise requires an increase in authorized common shares.