Company: OKMN
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001079973-25-001512
Chunk: 116

Company: OKMIN RESOURCES, INC.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1A
Chunk 116
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0.04

    Quarter ended March 31, 2024
     
    $
    0.1099

    $
    0.03

    Quarter ended December 31, 2023
     
    $
    0.1199

    $
    0.10

    Quarter ended September 30, 2023
     
    $
    0.22

    $
    0.092

The closing sales price of the Company’s common
stock as reported on June 30, 2025, was $0.06 per share.

Holders of Our Common Stock

The Company’s transfer agent is Vstock Transfer,
18 Lafayette Place, Woodmere, NY 11598. Their phone number is (212) 828-8436, and their website is www.vstocktransfer.com.

Based upon the records of the Company’s transfer
agent, the number of holders of record of our common stock, including depositories, as of June 30, 2025 was 78.

Dividends

The Company has never declared or paid any cash or
stock dividends on its common stock. The Company currently intends to retain future earnings, if any, to finance the expansion of its
business. As a result, the Company does not anticipate paying any cash dividends in the foreseeable future. The payment of dividends on
our common stock is within the discretion of our board of directors.

21 

Securities Authorized for Issuance under Equity
Compensation Plans

The Company presently does not have an equity compensation
plan.

Recent Sales of Unregistered Securities

During the three most fiscal years ended June 30,
the Company issued the following shares of common stock in unregistered transactions without the participation of any broker-dealer or
underwriter:

    Date 
      
    Description
    Number of Shares Issued   
    Purchaser 
    Proceeds  ($)   
    Consideration  
    Exemption 
  
     September 2022 
    (a) 
    Common Stock
     315,000  
    Consultants 
    $Nil  
    Services  
     Sec. 4(a)(2) 
  
     September 2022 
    (b) 
    Common Stock
     6,375,000  
    Investors 
    $255,000  
    Placement  
     Sec. 4(a)(2) 
  
     October/November 2022