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): October 12, 2022
ATHENA GOLD CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Delaware | 000-51808 | 90-0158978 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification number) |
2010 A Harbison Drive # 312, Vacaville, CA 95687
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code) (707) 291-6198
______________________________________________________
(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 | Name of each exchange on which registered |
N/A | 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. ☐
ITEM 3.02 | UNREGISTERED SALE OF EQUITY SECURITIES |
ITEM 5.02 | COMPENSATION PLANS FOR OFFICERS AND DIRECTORS |
ITEM 7.01 | REGULATION FD DISCLOSURE |
Effective October 12, 2022, Athena Gold Corporation, a Delaware corporation (the “Company”) granted an aggregate of 2,980,000 non-qualified stock options (the “Options”) to certain directors, an officer and a consultant of the Company exercisable to purchase 2,980,000 common shares (the “Option Shares”) in the capital stock of the Company pursuant to the Company’s Equity Incentive Plan (the “Plan”). The Options, which vest immediately, are exercisable at an exercise price of CAD $0.08 (USD$0.06) per Option Share for a period of ten (10) years from the date of grant.
In addition, pursuant to the Plan, the Board of Directors of the Company approved the execution of Restricted Stock Award Agreements granting to the same directors and officers an aggregate of 675,000 common shares in the capital stock of the Company (the “Shares”) at a deemed price per Share of USD $0.052.
The Company issued a press release dated October 12, 2022 announcing the foregoing grants. A copy of the press release is filed herewith as Exhibit 99.1.
The information in this Current Report on Form 8-K furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and furnishing this information pursuant to Item 7.01, the Company makes no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.1, that is required to be disclosed solely by Regulation FD.
ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
Exhibits
Item | Title |
99.1 | Press Release |
104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL |
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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.
Athena Gold Corporation | ||
Date: October 18, 2022 | By: | /s/ John C. Power |
John C. Power, President |
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