Okmin Resources, INC

Market Movers (8-K)

OQB
Okmin Resources Inc. announced the termination of its merger agreement with BevPoint Capital LP and the appointment of Andrew Glashow as a corporate advisor.
Capital raise
OQB
Okmin Resources Inc. announces a definitive merger agreement with BevPoint Capital LP, marking a strategic shift into the brewpub and brewery sector.
Capital raise
OQB
OKMIN Resources Inc. announced the conversion of outstanding convertible debt into common shares and a private placement to raise working capital.
Capital raise
OQB
Okmin Resources increases its ownership in the Pushmataha Gas Field to 95% while divesting its 50% interest in the Blackrock Joint Venture for $25,000 cash.
Capital raise
Better than expected
OQB
Okmin Resources has converted its 50% working interest in the West Sheppard Pool project into a 10% overriding royalty interest, with a potential reduction to 5% for a $100,000 payment.
Delay expected
OQB
Okmin Resources has announced the retirement of Director Thomas Lapinski and the appointment of Shmuel Naparstek to the board, both effective July 31, 2024.

Quarterly Earnings (10-Q)

OQB
Okmin Resources Inc. announced a strategic merger with BevPoint Capital LP, pivoting from oil and gas to craft beverages and hospitality, despite reporting continued losses and a going concern warning for its energy operations.
Worse than expected
Delay expected
Capital raise
OQB
Okmin Resources Inc. reported a net loss of $73,430 for Q1 2026, a decrease in revenue, and disclosed material weaknesses in internal controls, raising substantial doubt about its ability to continue as a going concern.
Delay expected
Capital raise
Worse than expected
OQB
Okmin Resources, Inc. reports a net loss of $353,785 for the nine months ended March 31, 2025, impacted by lower energy prices and reduced production.
Worse than expected
Capital raise
OQB
Okmin Resources' Q2 2025 revenue decreased due to lower natural gas prices and reduced production, resulting in a net loss.
Worse than expected
Capital raise
OQB
Okmin Resources reports a net loss for the quarter ended September 30, 2024, with decreased revenue and ongoing concerns about its ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise
OQB
Okmin Resources' Q3 2024 revenue decreased due to lower natural gas prices and curtailed operations, resulting in a net loss of $121,127.
Worse than expected
Capital raise

Annual Reports (10-K)

OQB
Okmin Resources, Inc. reported a net loss of $597,167 for fiscal year 2025, reduced its Blackrock JV interest, and increased its stake in the Pushmataha Gas Field, while facing significant going concern doubts and capital constraints.
Delay expected
Capital raise
Worse than expected
OQB
Okmin Resources reports a net loss for fiscal year 2024, highlighting operational challenges and the need for additional financing to support its business plan.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

OQB
Director Shmuel Naparstek acquired 2.5 million shares of OKMIN Resources at $0.04 per share on November 12, 2024.

Schedule 13G - Passive Investments

OQB
Roy Mansano has increased his beneficial ownership in OKMIN RESOURCES, INC. to 8.56% of the common stock outstanding.