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 18, 2010
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Star Gold Corp.
(Name of Small Business issuer in its charter)
| | | | |
Nevada | | 000-52711 | | 27-0348508 |
(State or other jurisdiction of incorporation or organization) | | (Commission File No.) | | (IRS Employer Identification Number) |
6240 East Seltice Way Suite C, Post Falls, Idaho, USA 83854
(Address of principal executive offices)
208- 755-5374
(Registrant’s telephone number)
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Section 3 – Securities and Trading Markets
Item 3.02 – Unregistered Sales of Equity Securities
On November 18, 2010, the Company completed the sale of 240,000 Units at $.50 U.S. per Unit; each Unit consisting of one restricted shares of its common stock and warrants to purchase an additional restricted share of its common stock. There were no underwriting discounts and no commissions were paid in connection with this offering which netted the Company $120,000 U.S.
The warrants, exercisable until November 15, 2012, give the holder the opportunity to purchase an additional 240,000 shares of restricted common stock at a price of $0.75 per share on or by November 15, 2011 and $1.00 per share thereafter.
The Company relied upon the exemptions available under the provisions of Regulation S of the Securities Act of 1933.
Section 9 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits
Exhibits
99.1
Press Release dated 11/18/10
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.
Star Gold Corp.
/s/ Kelly J. Stopher__________________
Kelly J. Stopher
Chief Financial Officer
November 22, 2010
