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MMEX Resources ( (MMEX) ) has provided an announcement.
MMEX Resources has entered into agreements with key consultants to provide necessary services for its proposed projects. To conserve working capital, the company issued shares of common stock to consultants instead of cash compensation. On August 26, 2025, and September 2, 2025, MMEX issued a total of over 9 billion shares to satisfy past due obligations and convertible notes. These issuances were exempt from registration under the Securities Act of 1933.
More about MMEX Resources
Current Market Cap: $1.16M
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