Dorchester Minerals, L.P. Announces 2 Acquisitions Of Mineral, Royalty And Overriding Royalty Interests; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Dorchester Minerals, L.P. has completed two acquisitions of mineral, royalty, and overriding royalty interests, exchanging these for common units in the partnership. The financial terms were not disclosed.
September 30, 2024 | 8:18 pm
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Dorchester Minerals, L.P. completed two acquisitions involving mineral and royalty interests, exchanging them for common units. This could potentially enhance their asset base and future revenue streams.
The acquisitions increase Dorchester's asset base, potentially leading to higher future revenues. The exchange for common units suggests a strategic move to strengthen their portfolio without immediate cash outflow.
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