Current Report Filing (8-k)
November 08 2017 - 5:01PM
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): November 4, 2017
PHI
GROUP, INC.
(Exact
name of registrant as specified in its charter)
Nevada
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002-78335-NY
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90-0114535
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(State or other jurisdiction
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(Commission
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(IRS Employer
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of incorporation)
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File Number)
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Identification No.)
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5348 Vegas Drive # 237 Las
Vegas, NV
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89108
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(Address of principal
executive offices)
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(Zip Code)
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Registrant’s
telephone number, including area code: 702-475-5430
N/A
(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. below):
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 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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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).
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Item
1.01. Entry Into a Material Definitive Agreement.
On
September 4, 2017, American Pacific Resources, Inc., a Wyoming corporation (“APR”) and wholly owned subsidiary of
PHI Group, Inc. (the “Company”), entered into a Business Cooperation and Investment Agreement (the “Agreement”)
with Suda Lattana Co. (“SLC”), a company organized and existing under the laws of Lao People’s Democratic Republic,
to develop a 27,000-hectare (approximately 67,000 acres) gold mine project in Savannakhet Province, Laos.
According
to the Agreement, APR will be responsible for financing and operating the gold mining project. The finished gold products from
the project will be allocated as follows: (a) 30% directly to the Government of Laos; (b) After deductions of all expenses, the
remaining 70% will be divided: 35.7% to APR and 34.3% to SLC.
The
foregoing description of the Business Cooperation and Investment Agreement dated November 4, 2017 by and between American Pacific
Resources, Inc. and Suda Lattana Co. is qualified in its entirety by reference to the full text of said Agreement, which is filed
as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
SIGNATURE
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.
Dated:
November 8, 2017
PHI
GROUP, INC.
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(Registrant)
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By:
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/s/ Henry D. Fahman
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Henry
D. Fahman
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Chairman
and CEO
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