Tuesday, May 20, 2008 6:17:47 PM
In November 2007, the Company entered into an investment banking agreement with Aurora Financial Services. As a portion of its compensation, the Company was to issue country-regionAurora 1,000,000 shares of common stock upfront. The Company did not have adequate authorized shares to give to country-regionAurora, therefore the Company’s Chairman and Executive Officer each gave country-regionAurora 500,000 personally held, non-restricted shares. Since the Chairman and Executive Officer gave non-restricted shares on behalf of the Company, the Board approved issuance of 750,000 restricted shares each as repayment. These shares were valued at 17 cents each on November 12, 2007 based upon the closing market price of the Company’s commons stock and expense to the company of $255,000 was recorded. The shares have not been issued as of December 31, 2007 and are part of the stock payable at December 31, 2007.
Recent MXC News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2024 03:44:04 PM
- Mexco Energy Corporation Reports Financial Results for First Quarter • GlobeNewswire Inc. • 08/08/2024 08:32:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:22:57 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:20:15 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 07/22/2024 07:51:56 PM
- MEXCO ENERGY CORPORATION REPORTS FINANCIAL RESULTS FOR FISCAL 2024 • GlobeNewswire Inc. • 06/27/2024 09:25:00 PM
- Mexco Energy Corporation Declares Special Dividend on Common Shares • GlobeNewswire Inc. • 04/30/2024 08:46:41 PM
- Mexco Energy Corporation Reports Financial Results for Third Quarter • GlobeNewswire Inc. • 02/09/2024 11:15:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/09/2024 11:07:28 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/09/2024 11:04:07 AM
- Mexco Energy Corporation Reports Financial Results for Six Months • GlobeNewswire Inc. • 11/08/2023 10:05:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2023 09:59:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 09:58:30 PM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM
Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • SMX • Oct 3, 2024 7:00 AM
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM