MMEX Resources Corp (MMEX)

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MMEX Reverse Splits

1 for 100 Reverse Split

Item 3.03 Material Modification to Rights of Security Holders.

On September 14, 2018, we gave notice to FINRA that our board of directors had approved a 1 for 100 reverse split of our common stock, to be effective on October 19, 2018. Accordingly, and assuming approval from FINRA is received, each 100 shares of common stock outstanding as of October 19, 2018 will be reclassified as and converted into, and become a right to receive one share of common stock. No scrip or fractional certificates will be issued. In lieu of fractional shares, the Company will round up any fractional share to the next whole share of common stock.

https://www.sec.gov/Archives/edgar/data/0001440799/000147793218004523/mmex_8k.htm


1 for 10,000 Reverse Split

Item 5.07 Submission of Matters to a Vote of Security Holders

On June 7, 2021, our board declared a 1 for 10,000 reverse split of our common stock, and the holders of a majority of the outstanding voting power of the shareholders (by a written consent to action taken without a meeting) ratified the reverse split. The reverse split contemplates an amendment to our Amended and Restated Articles of Incorporation, whereby each shareholder of MMEX shall receive one share of Common Stock for every 10,000 shares of Common Stock of the Company that such shareholder presently owns. We have mailed an Information Statement to our shareholders of record as of May 28, 2021 regarding such action. Pending FINRA approval, we anticipate that the reverse split and charter amendment will become effective on or after June 29, 2021.

https://www.sec.gov/Archives/edgar/data/0001440799/000147793221003968/mmex_8k.htm