Current Report Filing (8-k)
January 18 2018 - 12:10PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported): January
11, 2018
Pershing Gold Corporation
(exact name of registrant as specified in
its charter)
Nevada
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000-54710
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26-0657736
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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1658 Cole Boulevard
Building 6 - Suite 210
Lakewood, Colorado
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80401
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including
area code: (720) 974-7248
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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o
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Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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o
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Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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o
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Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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o
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Pre-commencement communications
pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
¨
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act.
¨
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
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On January 11, 2018, Pershing Gold Corporation
(the “Company”) entered into an Offer of Employment with Tim Janke dated January 10, 2018 and effective January 16,
2018 (the “Offer Letter”). The Offer Letter amends and supersedes the prior Offer of Employment dated August 27, 2014,
as amended on January 11, 2017.
Pursuant to the Offer Letter, Mr. Janke
will devote approximately 1,200 hours per year as the Company’s Chief Operating Officer and will be paid an annual salary
of $195,000. Mr. Janke will be paid at an hourly rate of $162.50 for work in excess of 100 hours per month. In addition, Mr. Janke
is entitled to participate in the Company’s bonus incentive plans with a target bonus of 50% of Mr. Janke’s base salary.
This summary of the Offer Letter is not
complete and is qualified in its entirety by reference to the full text of the agreement that is attached as Exhibit 10.1 to this
Current Report on Form 8-K and incorporated by reference herein.
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Item 9.01
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Financial Statements and Exhibits.
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(d) The
following are filed as exhibits to this report on Form 8-K.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 18, 2018
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PERSHING GOLD CORPORATION
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By:
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/s/ Eric Alexander
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Eric Alexander
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Vice President Finance and Controller
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