Current Report Filing (8-k)
July 16 2020 - 6:01AM
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: July 15, 2020
Petrolia
Energy Corporation
(Exact
name of registrant as specified in its charter)
Texas
|
|
000-52690
|
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86-1061005
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
|
|
(I.R.S.
Employer
Identification
No.)
|
710
N. Post Oak Rd., Ste. 512, Houston, Texas
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|
77024
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(Address
of principal executive offices)
|
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: 832-941-0011
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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Written
communications pursuant to Rule 425 under the Securities Act (17CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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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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[ ]
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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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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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Common
Shares
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BBLS
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OTC
Pink
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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. [ ]
Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
The
Chairman of Board of Director’s has accepted resignations from Richard Dole, Joel Oppenheim, and Saleem Nizami, effective
July 13th, 2020. This will reduce the size of the Board from seven (7) to four (4) members streamlining the governing
body in a continued effort to reorganize the Company.
The
Company is grateful to the exiting Directors for their valued service and contribution in helping the Company successfully navigate
the challenges faced by the oil industry today.
The
Company will continue to focus on its core assets and reorganize for compliance and growth to find, screen and integrate value
generating acquisitions allowing for material value creation for investors.
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.
Petrolia
Energy Corporation
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/s/
Zel C. Khan
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Zel
C. Khan
CEO
& President
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Date:
July 15, 2020
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