MMEX Resources Corp issued units of preferred membership units of preferred stock to certain accredited investors for up to $5.0 million of preferred units; as of April 20, 2025, accepted subscriptions in the aggregate amount of $500,000.
“LLC & Trans Permian Energy, LLC subsidiaries have offered for sale units of preferred membership units to certain accredited investors in a private offering. We may accept up to $5.0 million of preferred units in connection with this offering. Each investment represents the ownership of an equal number of preferred units in each subsidiary. The preferred units are”
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.
“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”
Debt Financings
MMEX Resources Corp faced acceleration on convertible notes of $226,875 plus interest and other damages with Sabby Volatility Warrant Master Fund, Ltd..
“On May 26, 2023, the Company received notice that Sabby had filed a lawsuit in a New York Supreme Court, alleging breach of contract, fraud, and failure to maintain and deliver shares under the Sabby Note. Sabby is seeking monetary damages in an amount to be determined at trial, but not less than $226,875 plus interest and other damages under the Sabby Note, plus attorney’s fees and costs of the lawsuit.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.