Company: OKMN
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001079973-25-001512
Chunk: 142

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1A
Chunk 142
---
 hereof.

Pursuant to the requirements of
the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the
capacities and on the dates indicated.

    Signature
     
    Title
     
    Date

    /s/ Jonathan Herzog
     
    Chief Executive Officer, Chief Financial Officer and Director
     
    September 29, 2025
  
    Jonathan Herzog
     
    (Principal Executive Officer and Principal Financial Officer and Principal Accounting Officer)

34 

INDEX TO FINANCIAL STATEMENTS

    Page(s)

    Report of Independent Registered Public Accounting Firm
    F-2
  
    Consolidated Balance Sheets – As of June 30, 2025 and 2024
    F-3
  
    Consolidated Statements of Operations – For the Years Ended June 30, 2025 and June 30, 2024
    F-4
  
    Consolidated Statements of Changes in Stockholders’ Equity (Deficit) –  For the Years Ended June 30, 2025 and June 30, 2024
    F-5
  
    Consolidated Statements of Cash Flows – For the Years Ended June 30, 2025 and June 30, 2024
    F-6
  
    Notes to Consolidated Financial Statements
    F-7

F-1 

    VICTOR MOKUOLU, CPA PLLC
    Accounting | Advisory | Assurance
    & Audit | Tax

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM

To the Shareholders and

Board of Directors of Okmin Resources, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance
sheet of Okmin Resources, Inc. and Subsidiaries (the “Company”) as of June 30, 2025 and June 30, 2024, and the related consolidated
statements of operations, stockholders’ equity (deficit), and cash flows, for the years ended June 30, 2025 and June 30, 2024, and
the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in
all material respects, the financial position of the Company as of June 30, 2025, and June 30, 2024, and the results of its operations
and its