{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-016085","form_type":"8-K","ticker":"NMEX","cik":"0001415744","company_name":"NORTHERN MINERALS & EXPLORATION LTD.","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.223174+00:00","generated_at":"2026-05-21T23:20:13.021189+00:00","sec_items":["2.01","5.02"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Northern Minerals acquires working interest in 14 Oklahoma gas wells for $293k; appoints new director","bullets":["Acquired working interests in 14 natural gas wells in Oklahoma for $293,000 total ($25k cash + 4M restricted shares); effective March 1, 2025.","Performance measurement period March 1 to Aug 31, 2025; wells must yield $2,900 net profit per month or company can unwind.","Victor Miranda resigned as Director on April 17, 2025; Jose Berhane Tewolde Serrano appointed on April 30, 2025 to fill vacancy.","Company retains right to repurchase shares from seller at lesser of $0.10/share or 10-day average price within 60 days post-performance period."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-016085","json":"https://secwatch.observer/filing/0001437749-25-016085.json","markdown":"https://secwatch.observer/filing/0001437749-25-016085.md","text":"https://secwatch.observer/filing/0001437749-25-016085.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1415744/000143774925016085/0001437749-25-016085-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1415744/000143774925016085/nmex20250512_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T23:20:13.021189+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8756a414cc","claim":"Victor Francisco Miranda Bistrain resigned as Director at NORTHERN MINERALS & EXPLORATION LTD..","evidence_excerpt":"On April 17 2025, Victor Francisco Miranda Bistrain resigned as Director of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1415744/000143774925016085/0001437749-25-016085-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d53855e191","claim":"Jose Berhane Tewolde Serrano was appointed as Director at NORTHERN MINERALS & EXPLORATION LTD..","evidence_excerpt":"On April 30, 2025, the Board appointed Mr. Jose Berhane Tewolde Serrano to become a member of the Board of Directors of the Company to fill the vacancy of Mr. Victor Miranda.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1415744/000143774925016085/0001437749-25-016085-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"8603cc9f121fca1130d092597f7dc9a37b36bfe0","claim":"NORTHERN MINERALS & EXPLORATION LTD. completed an acquisition involving Lost Creek Acquisitions LLC for $25,000 in cash and 4,000,000 restricted shares of the Company’s common stock (closed 2025-04-21).","evidence_excerpt":"The acquisition price of these income producing wells is $293,000. The consideration paid by the Company for the working interest in these 14 wells on 9 oil and gas leases is $25,000 in cash and 4,000,000 restricted shares of the Company’s common stock. The Seller, Lost Creek Acquisitions LLC, has agreed to a Post-Closing Performance Measurement. The six-month","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1415744/000143774925016085/0001437749-25-016085-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Lost Creek Acquisitions LLC"},{"label":"Consideration","value":"$25,000 in cash and 4,000,000 restricted shares of the Company’s common stock"},{"label":"Closing","value":"2025-04-21"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}