UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
|
|
(Zip Code) |
Registrant’s telephone number, including area
code:
(Former name or former address,
if changed since last report)
N/A
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):
| Securities registered pursuant to Section 12(b) of the Act: |
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| None | 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. ☐
| 1 |
Section 1 - Registrant’s Business and Operations
| Item 1.02 | Termination of a Material Definitive Agreement |
Effective as of April 1, 2022, the employment agreement between Lode-Star Mining Inc. (the “Company”) and Dr. Liora Zilberson was terminated and has no further force and effect.
Dr. Zilberson’s termination was not due to any matter related to the Company’s operations, policies or practices, her experiences while serving on the Board or any disagreement with the Board or management team.
Section 5 Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Upon the resignation of Dr. Liora Zilberson as the principal executive officer and a member of the Board of the Company, Mark Walmesley was reappointed as the Chief Executive Officer and President of the Company.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number | Description of Exhibit | |
| 99.1 | Press Release date April 4, 2022 | |
| 104 | Cover page Interactive Data File (embedded within the Inline XBRL document) |
| 2 |
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.
| LODE-STAR MINING INC. | ||||
|
|
||||
| Date: April 4, 2022 | By: | /s/ Mark Walmesley | ||
| Name: | Mark Walmesley | |||
| Title: | President | |||
| 3 |
Exhibit 99.1
|
Lode-Star Mining, INC 1 East Liberty Street Suite 600 Reno, NV 89501 Tel -1-775-234-5443 Fax - 1-775-335-1041 |
LODESTAR MANAGEMENT CHANGE
Reno April 4, 2022 – Lode-Star Mining Inc. (“Lode-Star”, the "Company" or "We") (OTCQB:LSMG) announces that Dr. Liora Zilberson has resigned her position as Director and Chief Executive Officer of the Company. In addition to her departure the Company notes that it had not issued the 10,000,000 shares of the Company's common stock as proposed in her consulting agreement.
Mr. Mark Walmesley will resume his role as the Company's Chief Executive Officer.
About Lode-Star Mining Inc.
Lode-Star Mining Inc., traded on the OTC Markets' OTCQB marketplace under the symbol LSMG, is a U.S.-based junior-tier mining company focused on the exploration, development, and production of North American mineral assets.
Contacts for Lode-Star Mining, INC
Mark Walmesley
President
Lode-Star Mining Inc.
phone : (775) 234-5443
e-mail : [email protected]
Forward Looking Statements
This news release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors which may cause LSMG's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Forward-looking statements reflect LSMG's current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, investors should not place undue reliance on these forward-looking statements. Except as required by law, LSMG assumes no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.