Okmin Resources, Inc. announced that it issued 6,375,000 units at an issue price of $0.04 per unit for proceeds of $255,000 on September 29, 2022. Each unit consists of one common share and one half of one warrant. Each warrant entitles the holder to purchase one additional common shares at an exercise price of $0.05 until December 31, 2024.

These units were issued pursuant to an exemption from registration under Section 4(2) of the Securities Act of 1933 and Regulation D promulgated thereunder.