MMEX Resources Corporation Form 8-K Filing

MMEX Resources Corporation has entered into a new agreement with GS Capital Partners, LLC, effective September 15, 2026. This agreement involves the exchange of outstanding past-due convertible notes, totaling $1,639,329.68, for a new non-convertible note with a principal amount of $1,377,164.84. The new note is set to mature on the earlier of September 1, 2027, or the closing of a construction debt or project equity financing for the company’s project subsidiaries. Instead of traditional interest, the note includes a make-whole payment of $247,889.67, which is 18% of the principal balance. Additionally, as the new note is not convertible into equity, approximately 15 billion shares of common stock previously held in reserve for potential conversions have been canceled.