Dorchester Minerals, L.P. entered into a non-taxable contribution and exchange agreement to acquire approximately 3,100 net royalty acres in the Williston Basin, North Dakota. The transaction involves the issuance of 850,000 common units representing limited partnership interests in exchange for the mineral and royalty interests. The acquisition is expected to close on July 31, 2026. Dorchester Minerals, L.P. operates in the energy sector as a provider of mineral and royalty interests.