focus_8k-122011.htm
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
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Date of Report (Date of earliest event reported)
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December 20, 2011
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Focus Gold Corporation
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(Exact name of registrant as specified in its charter)
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Nevada
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000-52720
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26-4205169
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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388 Spadina Road, Toronto Ontario
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M5P 2V7
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code
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(416) 593-8034
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1 Dundas Street West, Suite 2500, Toronto, Ontario Canada, M5G 1Z3
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(Former name or former address, if changed since last report.)
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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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Section 1 – Registrant’s Business and Operations
Item 1.01 Entry into a Material Definitive Agreement.
On December 20, 2011, Focus Gold Corporation (“Focus” or the “Company”) entered into a sale and purchase agreement (the “Asset Purchase Agreement”) pursuant to which the Company is selling the Company's tailings or mine dumps on the Cila concession blocks of Focus Gold's Mexican Huicicila project. The tailings or mine dumps are from previous underground mining operations within the company's concessions and contain lower grade gold and silver. Mr. Jesus Mario Lopez Fabian (the "Purchaser") will provide Focus $1.0 million USD upon closing which is expected prior to the New Year. For
full terms and conditions of the agreement see Exhibit 10.1
Item 7.01 Regulation FD Disclosure.
Press Release
The information in this Item 7.01 of this Current Report is furnished pursuant to Item 7.01 and shall not be deemed "filed" for any purpose, including for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of
any general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following is a complete list of exhibits filed as part of this Report. Exhibit numbers correspond to the numbers in the exhibit table of Item 601 of Regulation S-K.
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Exhibit No.
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Description
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10.1
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Tailings Dump Agreement
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99.1
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Press release December 20, 2011
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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.
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Focus Gold Corporation
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| /s/ Grant White |
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Grant White
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President and Director
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Date:
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December 29, 2011
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