Statement of Changes in Beneficial Ownership (4)

Date : 10/31/2019 @ 8:44PM
Source : Edgar (US Regulatory)
Stock : MMEX Resources Corporation (MMEX)
Quote : 0.0001  0.0 (0.00%) @ 9:17PM

Statement of Changes in Beneficial Ownership (4)

FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Hanks Jack Walton
2. Issuer Name and Ticker or Trading Symbol

MMEX Resources Corp [ MMEX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President, CEO
(Last)          (First)          (Middle)

3616 FAR WEST BLVD #117-321
3. Date of Earliest Transaction (MM/DD/YYYY)

10/30/2019
(Street)

AUSTIN, TX 78731
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock                 1381762  I  Shares owned by The Maple Gas Corporation (1)
Class A Common Stock                 1352683  I  Shares owned by Maple Structure Holdings, LLC (2)
Class A Common Stock                 15362551 (4) I  Shares owned by Maple Resources Corporation (3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to purchase  $0.08  12/11/2018    J     900000      12/11/2018  12/11/2023  Class A Common Stock ($0.001)  900000  $0.08  0  I  Option owned by Maple Resources Corporation (3)
Option to purchase  $0.08  12/11/2018    J     900000      12/11/2018  12/11/2023  Class A Common Stock ($0.001) (4) 900000  $0.08  0  I  Option owned by Maple Resources Corporation (3)
5% Convertible Note due 2020  $0.0003 (5) 8/5/2019    C     105454546 (5)     8/5/2019  8/5/2020  Class A Common Stock ($0.001)  105454546 (5) $0.0003 (5) 0  I  Convertible Note owned by Maple Resources Corporation (3)
5% Convertible Note due 2020  $0.0001 (6) 10/30/2019    C     4545454545 (6)     10/30/2019  10/30/2020  Class A Common Stock ($0.001)  4545454545 (6) $0.0001 (6) 0  I  Convertible Note owned by Maple Resources Corporation (3)

Explanation of Responses:
(1)  The Maple Gas Corporation is controlled by Jack W. Hanks.
(2)  Maple Structure Holdings LLC is controlled by Jack W. Hanks.
(3)  Maple Resources Corporation is controlled by Jack W. Hanks.
(4)  The Class B Common Stock was converted into Class A Common Stock on 7/31/2019.
(5)  Number of shares and conversion price are estimated based on an assumed conversion of the principal balance of the note ($29,000) on date of issuance. The actual number of shares and conversion price will be determined based on a conversion price that is equal to 110% of the lowest conversion price from unaffiliated noteholders within twenty trading days of the date of conversion by noteholder.
(6)  Number of shares and conversion price are estimated based on an assumed conversion of the principal balance of the note ($250,000) on date of issuance. The actual number of shares and conversion price will be determined based on a conversion price that is equal to 110% of the lowest conversion price from unaffiliated noteholders within twenty trading days of the date of conversion by noteholder.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Hanks Jack Walton
3616 FAR WEST BLVD #117-321
AUSTIN, TX 78731
X
President, CEO

Signatures
/s/ Jack W. Hanks 10/31/2019
**Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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