Dorchester Minerals acquires mineral interests in Colorado

* Dorchester Minerals (NASDAQ:DMLP [https://seekingalpha.com/symbol/DMLP]) on Tuesday said [https://seekingalpha.com/pr/20218446-dorchester-minerals-l-p-announces-acquisition-of-mineral-interests]that it has completed an acquisition of mineral interests totaling approximately 3,050 net royalty acres located in Adams County, Colorado.
* The transaction was structured as a non-taxable contribution and exchange.
* The contributing entities conveyed their interests to the Partnership in exchange for 915,694 common units representing limited partnership interests in Dorchester Minerals, L.P.

 

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