---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-007704"
form_type: "8-K"
ticker: "MMEX"
cik: "0001440799"
company_name: "MMEX Resources Corp"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:29:05.763575+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MMEX Resources issues 1.565B shares to related-party consultants for past-due services and note conversions

## Summary
- Issued 1,565,000,000 shares of common stock on October 21, 2025 to consultants including parties related to directors Jack Hanks and Bruce Lemons.
- Shares issued to satisfy past due obligations for services or upon conversion of convertible notes, conserving working capital.
- Issuance was unregistered, exempt under Section 4(a)(2) and Regulation D of the Securities Act.
- Consultants include related parties; no cash consideration received for the shares.

## SEC filing metadata
- accession: 0001477932-25-007704
- form_type: 8-K
- ticker: MMEX
- cik: 0001440799
- company_name: MMEX Resources Corp
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1440799/000147793225007704/0001477932-25-007704-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1440799/000147793225007704/mmex_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-007704
- JSON: https://secwatch.observer/filing/0001477932-25-007704.json
- Plain text: https://secwatch.observer/filing/0001477932-25-007704.txt

## Key facts
- Equity Issuances
  MMEX Resources Corp issued 1,565,000,000 shares of common stock of common stock to key consultants for in lieu of cash compensation.
  - Security: common stock
  - Shares: 1,565,000,000 shares of common stock
  - Purchaser: key consultants
  - Consideration: in lieu of cash compensation
  source text: Effective October 21, 2025, we issued an aggregate of 1,565,000,000 shares of common stock to the consultants in order to satisfy a portion of the past due obligations
  evidence_url: https://www.sec.gov/Archives/edgar/data/1440799/000147793225007704/0001477932-25-007704-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.