other material
confidence high
sentiment neutral
materiality 0.50
MMEX Resources subsidiaries raise up to $5M via private placement of preferred units; $500K subscribed so far
MMEX Resources Corp
- Subsidiaries Pecos UltraClean Refining and Trans Permian Energy offer preferred units to accredited investors; max $5.0M.
- As of April 20, 2025, $500,000 in subscriptions accepted; preferred units carry 18% make whole payment upon project financing.
- Purchasers also receive 0.1% common membership per $100K invested; securities unregistered, reliant on Section 4(a)(2) and Regulation D.