U.S. 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 22, 2019

 

SIERRA GOLD CORP.

(Exact name of small business issuer as specified in its charter)

 

Wyoming

 

000-26921

 

86-0885924

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

ID No.)

 

387 Corona St., Suite 555, Denver, CO 80218

(Address of principal executive offices)

 

(720) 442-7000

(Issuer’s Telephone Number)

 

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:

 

¨ 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))

 

 
 
 
 

 

Sierra Gold Corp, is referred to herein as the “Company”,

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws.

 

Name Change. The Company’s name will change to National Storm Recovery, Inc. upon the effective date noted below.

 

Effective Date; Symbol; CUSIP Number. The Reverse Stock Split becomes effective with FINRA (the Financial Industry Regulatory Authority) and in the marketplace at the open of business on August 22, 2019 (the “Effective Date”), whereupon the shares of common stock will begin trading on a split-adjusted basis. On the Effective Date, the Company’s name will be National Storm Recovery, Inc., and the Company’s trading symbol will change to “SGCPD” for 20 business days. Thereafter, the symbol will change to NSRI. In connection with the Reverse Stock Split, the Company’s CUSIP number will change to 637884107. 

 

Split Adjustment; No Fractional Shares, Minimum 100 shares. On the Effective Date, the total number of shares of the Company’s Common Stock held by each stockholder will be converted automatically into the number of whole shares of Common Stock equal to the number of issued and outstanding shares of Common Stock held by such stockholder immediately prior to the Reverse Stock Split, divided by 10,000. A minimum of 100 shares will be retained, calculated down to the beneficial shareholder.

 

No fractional shares will be issued, and no cash or other consideration will be paid. Instead, the Company will issue one whole share of the post-Reverse Stock Split Common Stock to any stockholder who otherwise would have received a fractional share as a result of the Reverse Stock Split, with a minimum of 100 shares for each shareholder, including 100 share minimum for any shares held in street name, calculated down to the beneficial holder level.

 

Non-Certificated Shares; Certificated Shares. Stockholders who are holding their shares in electronic form at brokerage firms do not have to take any action as the effect of the Reverse Stock Split will automatically be reflected in their brokerage accounts.

 

Stockholders holding paper certificates may (but are not required to) send the certificates to the Company’s transfer agent at the address given below. The transfer agent will issue a new share certificate reflecting the terms of the Reverse Stock Split to each requesting stockholder, and regular transfer agent fees and processing costs will apply. Our stock transfer agent is:

 

Pacific Stock Transfer Company

6725 Via Austi Parkway

Suite 300

Las Vegas, NV 89119

(800) 785-7782

http://www.pacificstocktransfer.com

 

Authorized shares: There will be no change to the authorized share capital and the par value will be unchanged.

 

State Filing. The Name Change, Reverse Stock Split was filed with the Wyoming Secretary of State on July 22, 2019. The Amendment is not effective until the Effective Date.

 

No Shareholder Meeting Required. Wyoming law, specifically WY Stat § 17-16-704(b), provides that any action required or permitted to be taken at a shareholders’ meeting may be taken without a meeting and without prior notice, if consents in writing setting forth the action so taken are signed by the holders of outstanding shares having not less than the minimum number of votes that would be required to authorize or take the action at a meeting in which all shares entitled to vote on the action were present and voted. We obtained this permission by vote of the Preferred Series A Shares, encompassing approximately 90% of the outstanding voting securities.

 

 
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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this amended report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

SIERRA GOLD CORP.

 

(Registrant)

 

 

Dated: August 22, 2019

By:

/s/ Tony Raynor

 

Tony Raynor, Sole Officer and Director

 

 

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