OKMIN RESOURCES INC
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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Dec 31, 2024 · Filed Feb 20, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
During the six month period ended December 31, 2024, the Company issued the following shares of common stock in lieu of cash for services:
| · | On November 12, 2024, the board of directors approved the issuance of 250,000 common shares at $0.04 per share in connection with consulting services for the Company’s filings preparation, compliance matters and business activities. |
| · | In connection with ongoing services, the Company issued 2,500,000 common shares at $0.04 per share on November 12, 2024 to Samuel Naparstek, who has been a corporate consultant to the Company since 2021 and took up a position to join the Board of Directors as of July 31, 2024. |
| · | On December 3, 2024, the Company issued 225,000 common shares at $0.04 per share to Sierra Land Resources, LLC in connection with ongoing consulting on the Company’s oil and gas properties. |
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