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MMEX swaps past-due convertible notes for non-convertible note with GS Capital worth $1.38 million

PUBT·09/17/2026 20:08:50
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MMEX swaps past-due convertible notes for non-convertible note with GS Capital worth $1.38 million
  • MMEX Resources entered a financing agreement with GS Capital Partners effective Sept. 15, 2026, exchanging past-due convertible notes for a new note.
  • New non-convertible note set at original principal of 1.38 million, replacing 1.64 million of past-due balances.
  • Maturity set for the earlier of Sept. 1, 2027 or the close of construction debt financing or project equity financing for either project subsidiary.
  • Make-whole payment of 247,889.67 due in lieu of interest, equal to 18% of the principal balance.
  • Transfer agent instructed to cancel a reserve of about 15,000,000,000 common shares previously held for potential note conversions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MMEX Resources Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-005662), on September 17, 2026, and is solely responsible for the information contained therein.