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: July 30, 2010
CAPITAL
GOLD CORPORATION
(Exact
name of registrant as specified in Charter)
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Delaware
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0-13078
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13-3180530
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(State
of other Jurisdiction of
incorporation)
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(Commission
file no.)
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(IRS
employer identification no.)
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76
Beaver Street, 14th
Floor
New
York, New York
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10005
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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: (212) 344-2785
(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 (see General Instruction A.2. below):
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o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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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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o
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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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Forward
Looking Statements
This Form
8-K and other reports we file from time to time with the Securities and Exchange
Commission (collectively the “Filings”) contain or may contain forward looking
statements and information that are based upon beliefs of, and information
currently available to, our management as well as estimates and assumptions made
by our management. When used in the filings the words “anticipate”, “believe”,
“estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms
and similar expressions as they relate to us or our management identify forward
looking statements. Such statements reflect our current view with respect to
future events and are subject to risks, uncertainties, assumptions and other
factors (including the risks contained in the Filings) relating to our industry
and our operations and results of operations. Should one or more of these risks
or uncertainties materialize, or should the underlying assumptions prove
incorrect, actual results may differ significantly from those anticipated,
believed, estimated, expected, intended or planned.
Although
we believe that the expectations reflected in the forward looking statements are
reasonable, we cannot guarantee future results, levels of activity, performance
or achievements and except as required by applicable law, including the
securities laws of the United States, we do not intend to update any of the
forward-looking statements to conform these statements to actual results. The
following discussion should be read in conjunction with the exhibits attached to
this Current Report on Form 8-K.
Item
5.02 Departure of
Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On July
26, 2010, the Board of Directors (the “Board”) of Capital Gold Corporation (the
“Company”) appointed Mr. Scott Hazlitt to the Board.
As
previously disclosed in the Company’s Form 8-K, filed with the Securities and
Exchange Commision on June 29, 2010, Mr. Hazlitt was promoted from Vice
President of Mine Development to serve as the Company’s Chief Operating Officer,
effective July 1, 2010. Since 2001, Mr. Hazlitt, 58, has served as
the Company’s Vice President of Mine Development. In that position, he has
focused on development of the Company’s El Chanate concessions. Currently, he is
involved in mine expansion plans and corporate development. He has worked
primarily in reserves, feasibility, development and mine operations. His work
experience has included precious metals, base metals, uranium, and oil shale.
Mr. Hazlitt served as mine manager at Capital Gold’s Hopemore Mine in Leadville,
Colorado from November 1999 until 2001. He was Mine Operations Chief Geologist
for Getchell Gold from 1995 to 1999. From 1992 to 1995, he was self-employed as
a consulting mining geologist in California and Nevada. From 1988 to 1992, Mr.
Hazlitt was a project geologist and Mine Superintendent for the Lincoln
development project. He served as Vice President of Exploration for Mallon
Minerals from 1984 to 1988. He was a mine geologist for Cotter Corporation in
1978 and 1979, and was a mine geologist for ASARCO from 1979 to 1984. He was a
contract geologist for Pioneer Uravan and others from 1975 to 1977. Mr. Hazlitt
was a field geologist for ARCO Syncrude Division at their CB oil Shale project
in 1974 and 1975. His highest educational degree is Master of Science from
Colorado State University. He is a registered geologist in the state
of California.
There is
no arrangement or understanding between Mr. Hazlitt and any other persons
pursuant to which Mr. Cooper was selected as a director, and there are no
related party transactions involving Mr. Hazlitt that are reportable under Item
404(a) of Regulation S-K.
There are
no material plans, contracts or arrangements to which Mr. Hazlitt is a party or
in which he participates nor has there been any material amendment to any plan,
contract or arrangement by virtue of Mr. Hazlitt’s appointment.
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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CAPITAL GOLD
CORPORATION |
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By:
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/s/
Christopher
Chipman |
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Name:
Christopher Chipman |
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Title:
Chief Financial Officer |
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Dated:
July 30, 2010