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 Earliest Event Reported: November 20, 2020
 
General Moly, Inc.
(Exact name of registrant as specified in its charter)
 
Delaware
001-32986
91-0232000
(State or other jurisdictionof incorporation)
(Commissionfile number)
(IRS employeridentification no.)
 
1726 Cole Blvd., Suite 115
Lakewood, CO 80401
(Address of principal executive offices, including zip code)
 
(303) 928-8599
(Registrant’s telephone number, including area code)
 
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 210.14d-2(b))
 
☐ 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
GMO
Toronto Stock Exchange
 
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. ☐



 
 
Item 8.01 
Other Events.
 
On November 20, 2020, the Ontario Securities Commission issued a general “failure to file” cease trade order (“CTO”) in respect of the securities of General Moly, Inc. (the “Company”) as a result of the Company’s failure to file its Form 10-Q for the quarter ended September 30, 2020 (the “Form 10-Q”), the related management’s discussion and analysis of financial condition and results of operations, and required certifications by the filing deadline. The CTO is effective as of November 20, 2020 and will remain in place unless and until the Form 10-Q is filed. The CTO prohibits the trading by any person of any securities of the Company in each jurisdiction in Canada in which the Company is a reporting issuer for as long as the CTO remains in effect; however, the CTO provides an exception for beneficial security holders of the Company who are not currently (and who were not as of November 20, 2020) insiders or control persons of the Company and who sell securities of the Company acquired before November 20, 2020 if both of the following criteria are met: (i) the sale is made through a “foreign organized regulated market”, as defined in section 1.1 of the Universal Market Integrity Rules of the Investment Industry Regulatory Organization of Canada and (ii) the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation.
 
As previously disclosed, the Company does not anticipate filing the Form 10-Q or subsequent quarterly or annual filings.
 
The Company cautions that trading in the Company’s securities is highly speculative and poses substantial risks. Trading prices for the Company’s securities may bear little or no relationship to the actual value realized, if any, by holders of the Company’s securities. Accordingly, the Company urges extreme caution with respect to existing and future investments in its securities.
 
 
 
 
 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
GENERAL MOLY, INC.
 
 
 
 
 
Dated: November 23, 2020
By:  
/s/ Thomas M. Kim
 
 
 
Thomas M. Kim 
 
 
 
Interim Chief Executive Officer 
 
 
  
 
 
 
 
 
 
 
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