8-K

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 ExchangeAct

Date of Report (Date of earliest event reported): June10,2020

NEWCONCEPT ENERGY, INC.

(Exact Name of Registrant as Specified in its Charter)

Registrant’s telephone number, including area code 972-407-8400

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:

Securities registered pursuant to Section 12(b) of the Act:

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.

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Section 2 – 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

(a)           By letter dated July 10, 2020 (received on July 13, 2020), Cecelia K. Maynard, age 69, resigned as the Director and a member of any committee of the Board of Directors of New Concept Energy, Inc. (the “Company” or the “Issuer” or the “Registrant”). Ms. Maynard had been a Director of the Company since January 18, 2019. Ms. Maynard was employed by Pillar Income Asset Management, Inc. (“Pillar”) from January 2011 through December 31, 2018. Pillar is a Nevada corporation which provides management services to other entities. Ms. Maynard had no disagreement with the Registrant on any matter relating to the Registrant’s operations, policies or practices.

After giving effect to the resignation of Ms. Maynard, the Board of Directors of the Company continues to have a majority of independent directors who constitute the Audit Committee, the Compensation Committee, and the Governance and Nominating Committee of the Board of Directors. Following Ms. Maynard’s resignation, on July 13, 2020, the number of members of the Board of Directors was reduced from five to four.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned, hereunto duly authorized.

Dated: July 14, 2020