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): June 28, 2019
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.) |
| 1290 Holcomb Avenue, Reno, NV | | 89502 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code:(775) 337-8057
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 |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
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. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
| | | | | |
| Item 1.01 | Entry into a Material Definitive Agreement. |
On June 28, 2019, the Board of Directors of Desert Hawk Gold Corp. (the “Company”) approved an amendment to the employment agreement with Rick Havenstrite, principal executive officer of the Company, to increase his base salary from $120,000 to $144,000 per year effective May 1, 2019.
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective May 1, 2019, the annual base salary of Mr. Havenstrite was increased from $120,000 to $144,000.
Director compensation for Howard Crosby was increased from $5,000 to $6,000 per month effective June 1, 2019, and the director compensation for Messrs. Ryan and Holme was set at $5,000 per quarter commencing second quarter 2019.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
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: July 22, 2019 | By | /s/ Rick Havenstrite |
| | | Rick Havenstrite, Chief Executive Officer |
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