Company: OKMN
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001553350-25-000149
Chunk: 16

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-11-25
Form: 10-Q
Item: Item 1
Chunk 16
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 stock issued and outstanding.

The Company has issued the following shares:

    10 

OKMIN RESOURCES INC. AND SUBSIDIARIES

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

As of September 30, 2025

On November 12, 2024, the board of directors approved
the issuance of 250,000 common shares at $0.04 per share in connection with consulting services for the Company’s filings, preparation,
compliance matters and business activities.

On November 12, 2024, the Company issued 2,500,000
common shares at $0.04 per share to Samuel Naparstek for corporate consulting services.

On December 3, 2024, the Company issued 225,000 common
shares at $0.04 per share to Sierra Land Resources, LLC in connection with ongoing consulting on the Company’s oil and gas properties.

On June 24, 2025, the Company issued 500,000 common
shares at a deemed price of $0.0482 per share for legal fees.

On September 19, 2025 the Company issued 6.503,024
common shares at $0.03 per share to satisfy in full payment on an existing convertible note with the Company.

On September 19, 2025, the Company issued 173,090
common shares at $0.06 per share to Sierra Land Resources, LLC in connection with ongoing consulting on the Company’s oil and gas
properties.

On September 26, 2025, the Company issued 1,000,000
common shares at $0.03 per share in connection with a private placement for proceeds of $30,000.

8.     NET LOSS PER COMMON SHARE

A reconciliation of the components of basic and diluted
net loss per common share for the three months ended September 30, 2025 is presented below:

    Schedule
    of components of net loss per common share   

    Three Months Ended September 30, 2025

    Net Loss 
    Weighted Average Shares 
    Per Share

    Basic Earnings per Share: 

    Net loss attributable to common stock basic 
    $(73,430) 
     118,825,066  
    $(0.00)
  
    Net loss attributable to common stock fully diluted 
    $(73,430) 
     174,479,870  
    $(0.00