MMEX Resources issues 9.14B shares to consultants and noteholders; directors' related parties included

MMEX Resources Corp

Issued 8,025,000,000 shares on Aug 26, 2025 and 1,114,749,216 shares on Sept 2, 2025.
Shares issued to consultants for past-due obligations, including conversion of convertible notes and in lieu of cash compensation.
Consultants include parties related to directors Jack W. Hanks and Bruce N. Lemons.
Issuance unregistered, relying on Section 4(a)(2) and Regulation D exemptions.
Massive share issuance likely highly dilutive to existing shareholders.

item 3.02

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.