Current Report Filing (8-k)
August 03 2016 - 4:02PM
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):
August 3, 2016
(July 28, 2016)
DGSE
COMPANIES, INC.
(Exact
name of Registrant as specified in its charter)
Nevada
|
1-11048
|
88-0097334
|
(State or other jurisdiction of
|
(Commission
|
(I.R.S. Employer
|
incorporation or organization)
|
File Number)
|
Identification No.)
|
15850 Dallas Parkway, Suite 140
Dallas, Texas 75248
(Address of principal executive offices) (Zip Code)
Registrant’s Telephone Number, including area code:
(972) 587-4049
Not Applicable
(Former name or former address, if
changed since last report)
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.):
¨
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 5.02.
|
Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
|
On August 2, 2016,
the Board of Directors elected Bill LeRoy, age 59, as a member of the Board of Directors of DGSE Companies, Inc. (“DGSE”)
to be effective immediately following the resignation of Nabil J. Lopez from the Board of Directors. Mr. Lopez notified DGSE by
letter dated July 28, 2016, of his intent to resign from the Board, as well as his positions as Chief Financial Officer and Secretary,
effective as of the end of the day on August 15, 2016.
Mr. LeRoy, is currently
the Chief Executive Officer of Elemetal, LLC, the largest shareholder of DGSE. Mr. LeRoy has worked his entire professional career
in the precious metals industry including sales and management positions in the electroplating and capital equipment industries.
Prior to joining Elemetal, LLC, Mr. LeRoy served as National Sales Manager for Handy&Harman and Managing Director for H&H
Singapore.
There is no arrangement
or understanding pursuant to which Mr. LeRoy was selected as a director and officer of DGSE and there are no family relationships
between Mr. LeRoy and the other directors or executive officers of the Company. Since the beginning of DGSE’s last fiscal
year, Mr. LeRoy has not had any transactions or currently proposed transactions in which Mr. LeRoy was or is to be a participant
in amounts greater than $120,000 and in which any related person had or will have a direct or indirect material interest. Related
party transactions between DGSE and Elemetal, LLC and its affiliates are described in “Certain Relationships and Related
Transactions” of our Amendment No. 1 to Annual Report on Form 10-K filed with the SEC on April 27, 2016, our Form 10-Q for
the quarter ended March 31, 2016, filed with the SEC on May 16, 2016, and our Form 8-K filed with the SEC on June 22, 2016, which
descriptions are incorporated herein by reference.
DGSE is currently engaged
in a search to fill the position of Chief Financial Officer.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
By:
|
/s/ MATTHEW M. PEAKES
|
|
|
Matthew M. Peakes
|
|
|
Chief Executive Officer
|
DGSE Companies (AMEX:DGSE)
Historical Stock Chart
From Jun 2024 to Jul 2024
DGSE Companies (AMEX:DGSE)
Historical Stock Chart
From Jul 2023 to Jul 2024