Item 3.02. Unregistered Sales of Equity Securities.

On September 30, 2022, the board of directors of Arvana Inc. ("Company") approved the issuance of one million eight hundred thousand (1,800,000) shares of restricted common stock, par value $0.001, to sixteen individuals (16) and two (2) entities, pursuant to exemptions from registration promulgated under Securities and Exchange Act of 1933, as amended ("Securities Act") as follows:



Name                          Effective   Shares   Price    Class      Exemptions
Cathy Bures                   09/30/2022  25,000   $0.20    Common  § 4(a)(2)/Reg D
Leonard Smith                 09/30/2022  50,000   $0.20    Common  § 4(a)(2)/Reg S
Brian Buckley                 09/30/2022 300,000   $0.20    Common  § 4(a)(2)/Reg S
Peter Van Seggelen            09/30/2022 125,000   $0.20    Common  § 4(a)(2)/Reg S
Bruce Carson                  09/30/2022 125,000   $0.20    Common  § 4(a)(2)/Reg S
Louis Basque                  09/30/2022  25,000   $0.20    Common  § 4(a)(2)/Reg S
Andrew Barry                  09/30/2022  62,500   $0.20    Common  § 4(a)(2)/Reg S
Melanie Ellenburgh            09/30/2022  62,500   $0.20    Common  § 4(a)(2)/Reg S
Orion Winkelmeyer             09/30/2022 300,000   $0.20    Common  § 4(a)(2)/Reg S
Jim Silye                     09/30/2022  50,000   $0.20    Common  § 4(a)(2)/Reg S
James Stephen Gardiner +      09/30/2022  75,000   $0.20    Common  § 4(a)(2)/Reg S
Licia Gardiner
Robert Breakell               09/30/2022  50,000   $0.20    Common  § 4(a)(2)/Reg S
Lawrence Jean                 09/30/2022  50,000   $0.20    Common  § 4(a)(2)/Reg S
Natasha Blaisdell             09/30/2022  75,000   $0.20    Common  § 4(a)(2)/Reg S
Jeffrey King                  09/30/2022  25,000   $0.20    Common  § 4(a)(2)/Reg S
Daniel John Dunlop            09/30/2022 150,000   $0.20    Common  § 4(a)(2)/Reg S
Enkore Custom Homes           09/30/2022  50,000   $0.20    Common  § 4(a)(2)/Reg S
Orsa & Company(1)             09/30/2022 200,000   $0.20    Common  § 4(a)(2)/Reg D



(1) Orsa & Company is owned by Ruairidh Campbell, an officer and director of the Company, that settled amounts due for services rendered in the aggregate amount of $40,000 in exchange for the Shares.

2

© Edgar Online, source Glimpses