Form 8-K/A - Current report: [Amend]
November 07 2023 - 5:28PM
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2023-11-01
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K/A
(Amendment No. 1)
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 1, 2023
PUREBASE
CORPORATION
(Exact
name of registrant as specified in charter)
Nevada |
|
000-55517 |
|
27-2060863 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
8625
State Hwy, 124
Ione,
CA 95640
(Address
of principal executive offices)
(855)
743-6478
(Registrant’s
telephone number, including area code)
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:
☐ |
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)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
None |
|
N/A |
|
N/A |
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.
EXPLANATORY
NOTE
On
November 7, 2023, Purebase Corporation, a Nevada corporation (the “Company”), filed with the Securities and Exchange Commission
a Current Report on Form 8-K (“Form 8-K”) to report an amendment to a material definitive agreement under Item 1.01. This
Amendment No. 1 on Form 8-K/A is being filed by the Company to correct an error in the original Form 8-K.
Item
1.01 Entry into a Material Definitive Agreement.
On
November 1, 2023, Purebase Corporation (the “Company”) entered into a Second Amendment (the “Amendment”) to the
Materials Extraction Agreement with US Mine, LLC (“US Mine”), dated May 27, 2021, as amended on October 6, 2021, and further
amended on June 17, 2022 and previously reported by the Company in its Current Reports on Form 8-K filed with the SEC on May 27, 2021
and October 13, 2021, and on Form 8-K/A filed with the SEC on June 21, 2022.
The
Amendment provides, among other things, for the cancellation of US Mine’s option to purchase up to116,000,000 shares of the Company’s
common stock and in lieu thereof the Company will pay US Mine a production royalty of $20.00 per ton of kaolin clay for supplementary
cementitious materials extracted from property owned by US Mine.
A.
Scott Dockter, the principal executive officer and a director and shareholder of the Company, and John Bremer, a director and shareholder
of the Company, are also manager-members of US Mine. The Company’s board of directors approved the transaction described in this
Report, with Mr. Dockter and Mr. Bremer abstaining from providing consent due to their interest in the transaction.
The
foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the complete
text of the Amendment, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
*Previously filed
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 thereunto duly authorized.
Date:
November 7, 2023 |
PUREBASE
CORPORATION |
|
|
|
|
By: |
/s/
A. Scott Dockter |
|
|
A.
Scott Dockter |
|
|
Chief
Executive Officer |
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