Financing ·
On September 15, 2026, MMEX Resources Corp entered into an agreement with GS Capital Partners to exchange…
MMEXMMEX Resources Corp
On September 15, 2026, MMEX Resources Corp entered into an agreement with GS Capital Partners to exchange $1,639,329.68 in past-due convertible notes for a new non-convertible note with a principal balance of $1,377,164.84. The new debt matures on September 1, 2027, or upon the closing of construction or project equity financing. Instead of interest, GS Capital receives a make-whole payment of $247,889.67. Consequently, approximately 15 billion shares of common stock previously reserved for conversion are cancelled. MMEX Resources Corp operates in the mining and natural resources sector.