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Dorchester Minerals, L.P. Announces Acquisition of Mineral Interests

1. DMLP acquired 3,050 net royalty acres in Colorado. 2. Transaction was a non-taxable exchange for 915,694 common units. 3. DMLP holds interests in 28 states for oil and gas. 4. Risks include changes in oil/natural gas prices and operations. 5. Forward-looking statements may involve significant uncertainties.

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Why Bullish?

The acquisition increases DMLP's asset base and potential revenue streams, similar to past growth seen in acquisitions by similar firms which positively impacted share prices over time.

How important is it?

The acquisition strengthens DMLP’s position in the energy market, aligning with long-term growth strategies crucial for investor confidence.

Why Long Term?

The benefits from increased royalty acres will accrue over time as production commences and royalties start to flow.

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September 02, 2025 17:16 ET  | Source: Dorchester Minerals, L.P. DALLAS, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today it 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. Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, and net profits interests located in 28 states. Its common units trade on the NASDAQ Global Select Market under the symbol DMLP. FORWARD-LOOKING STATEMENTS Portions of this document may constitute "forward-looking statements" as defined by federal law. Such statements are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Examples of such uncertainties and risk factors include, but are not limited to, changes in the price or demand for oil and natural gas, changes in the operations on or development of the Partnership’s properties, changes in economic and industry conditions and changes in regulatory requirements (including changes in environmental requirements) and the Partnership’s financial position, business strategy and other plans and objectives for future operations. These and other factors are set forth in the Partnership's filings with the Securities and Exchange Commission. Contact: Martye Miller (214) 559-0300

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