Dorchester Minerals, L.P. has entered into an agreement to acquire mineral and royalty interests. The acquisition involves approximately 3,100 net royalty acres located in five counties within the Williston Basin in North Dakota. The transaction is structured as a non-taxable contribution and exchange agreement with unrelated third parties. Cash received by the contributing entities from April 1, 2026, onwards will be contributed to the Partnership at closing. In exchange for their interests, the contributing entities will receive 850,000 common units of Dorchester Minerals, L.P. The acquisition is anticipated to close on July 31, 2026, pending standard closing conditions.