BIOFORCE NANOSCIENCES HOLDINGS, INC. 8-K

What Happened
BIOFORCE NANOSCIENCES HOLDINGS, INC. (BFNH) announced on its Form 8-K that on June 5, 2026 it received an assignment of federal oil and gas leases covering approximately 19,957 acres in the White River Valley, Nye County, Nevada, from Natural Minerals Trust, LLC (an entity controlled by Nexus Capital Investments, Inc., BFNH’s majority shareholder). The lease assignment is pending approval by the U.S. Bureau of Land Management (BLM). BFNH says the leases target multiple prospective formations (including Chainman Shale, Pilot Shale, Ely Limestone, Guilmete Dolomite, Simonson Dolomite and Joana Limestone) and are analogous to nearby producing wells, but no proven reserves have been established and no wells have been drilled.

Key Details

• Assignment date: June 5, 2026; BLM approval is required and not guaranteed.
• Acreage: ~19,957 acres across 11 federal oil & gas leases in Nye County, Nevada.
• Lease terms: primary terms ~10 years, with standard 12.5% federal royalty on gross production if transferred and produced.
• Engineering engagement: BFNH retained independent petroleum engineering firm Ryder Scott on July 1, 2026 to advise on potential development and help prepare reserve evaluations.
• Related party: the leases were assigned from an entity controlled by Nexus, BFNH’s majority shareholder.

Why It Matters
This filing documents BFNH’s strategic shift from vitamin supplements to oil and gas exploration and production and represents the company’s first announced oil & gas asset position. For investors, the key facts are that the leases are large and target known regional formations, but the asset value is highly uncertain: transfer approval is pending, there are no proven reserves and no drilled wells, and significant exploration, drilling and capital will be required to test and develop the acreage. The Ryder Scott engagement indicates BFNH intends to pursue technical evaluation, but any material change in value or production depends on regulatory approval, successful exploration results and future funding.