- Current report filing (8-K)
June 03 2010 - 3:37PM
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):
June 3, 2010 (June 2,
2010)
DGSE
COMPANIES, INC.
(Exact
Name of Registrant as Specified in Charter)
Nevada
|
1-11048
|
88-0097334
|
(State
or Other Jurisdiction
of
Incorporation)
|
(Commission
File Number)
|
(IRS
Employer
Identification
No.)
|
11311
Reeder Rd., Dallas, Texas
|
75229
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Registrant’s
Telephone Number, Including Area Code:
(972) 484-3662
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 (see General Instruction A.2. below):
¨
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
¨
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 1.01 Entry into a Material
Definitive Agreement.
On May
27, 2010, the Company announced that Texas Capital Bank has agreed to renew and
increase the size of its current credit facility. The new facility is composed
of a $3.5 million revolving note and a $1.0 million term loan and will provide
immediate availability to finance current operations. The agreement
was finalized and funded June 2, 2010.
Item 9.01 Financial Statement
and Exhibits
(a) Not
applicable.
(b) Not
applicable.
(c) Not
applicable.
(d) Exhibits.
|
99.1
|
Press
release issued by DGSE Companies, Inc. dated May 27,
2010.
|
|
99.2
|
Eighth
Amendment to Loan Agreement by and between DGSE Companies, Inc. and Texas
Capital Bank, NA
|
SIGNATURES
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.
|
DGSE
COMPANIES, INC.
|
|
|
Date: June
3, 2010
|
By:
|
/s/ Dr. L.S. Smith
|
|
|
Dr.
L.S. Smith
|
|
|
Chairman
& Chief Executive
Officer
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EXHIBIT INDEX
|
|
|
Exhibit
|
|
|
Number
|
|
Exhibit
Title
|
99.1
|
|
Press
Release of DGSE Companies, Inc. dated May 27, 2010, announcing that DGSE
has renewed and increased the size of its current credit facility with
Texas Capital Bank.
|
99.2
|
|
Eighth
Amendment to Loan Agreement by and between DGSE Companies, Inc. and Texas
Capital Bank, NA
|
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