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): January 29, 2013
DESERT HAWK GOLD CORP.
(Exact Name of Registrant as Specified in Charter)
NEVADA | 333-169701 | 82-0230997 |
(State or Other Jurisdiction of Incorporation) | Commission File Number | (IRS Employer Identification No.) |
7723 North Morton Street, Spokane, WA | 99208 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (509) 434-8161
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
.
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
.
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
.
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 1.01
Entry into a Material Definitive Agreement.
On January 29, 2013, we entered into a Sixth Amendment (the “Sixth Amendment”) to our Investment Agreement with DMRJ Group I, LLC (“DMRJ Group”), which further amended the Investment Agreement, dated as of July 14, 2010, as previously amended (the “Investment Agreement”), pursuant to which, among other things, DMRJ Group has made available to us a senior secured term loan credit facility of up to $6,500,000. The Sixth Amendment allows us to make a further request for term loan advances under the Investment Agreement of up to $50,000. These proceeds may be used by us for working capital and ordinary general corporate purposes. The maturity date of this and all prior advances is now set at February 28, 2013. All advances permitted under this Sixth Amendment will bear interest at a rate of 2% per month. As of the date of the Sixth Amendment the total principal and interest owed by the Company under the Investment Agreement are $6,328,506, plus fees and expenses.
Item 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The Sixth Amendment creates a direct financial obligation of the Company as described in Item 1.01 above. The information in response to Item 1.01 above in regard to the Sixth Amendment is incorporated into this item
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
| Description |
99.1 |
| Sixth Amendment to Investment Agreement |
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.
Desert Hawk Gold Corp.
Date: February 6, 2013
By /s/ Rick Havenstrite
Rick Havenstrite, President
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