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 9, 2014
TARA MINERALS CORP.
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(Name of Small Business Issuer in its charter)
Nevada None 20-5000381
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(State of incorporation) (Commission File No.) (IRS Employer
Identification No.)
375 N. Stephanie St., Bldg. 2 Ste. # 211
Henderson, NV 89014
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(Address of principal executive offices, including Zip Code)
Registrant's telephone number, including area code: (630)-462-2079
N/A
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(Former name or former address if changed since last report)
Check 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 (see General Instruction A.2. below)
[] 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-14(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry Into a Material Definitive Agreement
On January 9, 2014, Tara Minerals Corp. entered into an Investment
Agreement with Panormus Trust and Investments Ltd. and Mediterranea Trust Ltd.,
collectively referred to as MTI.
The Agreement grants MTI the right to invest in Tara Minerals through the
purchase of up to U.S. $2,025,000 in the restricted common stock of Tara at U.S.
$0.30 per share and a targeted loan of U.S. $4,725,000 for the development of
the Don Roman project (the "Don Roman Project Loan"). The investment is
structured as a combination of a private placement and a loan for tax
efficiency.
The targeted Don Roman Project Loan will be used to advance the Don Roman
Project to commercial production and is payable from 49% of the net income
realized from the minerals recovered from the concession area of the Don Roman
Project. Initially, MTI's 49% net income interest will be designated as loan
repayment. Once the loan has been repaid, MTI will continue to receive 49% of
the net income realized from the Don Roman Project.
Tara Minerals and MTI will form a Management Committee which will oversee
operations based on a committee approved Business Plan. The loan proceeds will
be released from a segregated account based on approved expenditures.
The Don Roman Project is 100% owned by Tara and located in the State of
Sinaloa, Mexico.
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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 hereunto duly authorized.
Date: January 15, 2014
TARA MINERALS CORP.
By:Francis R. Biscan, Jr.
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Francis R. Biscan, Jr., President