0001117768-14-000520.txt : 20140627 0001117768-14-000520.hdr.sgml : 20140627 20140627100024 ACCESSION NUMBER: 0001117768-14-000520 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140619 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140627 DATE AS OF CHANGE: 20140627 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST COLOMBIA GOLD CORP. CENTRAL INDEX KEY: 0001045929 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 980425310 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-51203 FILM NUMBER: 14944419 BUSINESS ADDRESS: STREET 1: PASEO DE BERNARDEZ#59 STREET 2: FRACC LOMAS DE BERNARDEZ CITY: GUADALUPE STATE: O5 ZIP: 00000 BUSINESS PHONE: 1-888-224-6561 MAIL ADDRESS: STREET 1: PASEO DE BERNARDEZ#59 STREET 2: FRACC LOMAS DE BERNARDEZ CITY: GUADALUPE STATE: O5 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: AMAZON GOLDSANDS LTD. DATE OF NAME CHANGE: 20080609 FORMER COMPANY: FORMER CONFORMED NAME: Finmetal Mining Ltd. DATE OF NAME CHANGE: 20070124 FORMER COMPANY: FORMER CONFORMED NAME: GONDWANA ENERGY LTD / NY DATE OF NAME CHANGE: 19970910 8-K 1 mainbody.htm MAINBODY mainbody.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
 
Date of Report (Date of earliest event reported):  June 19, 2014
 
 
First Colombia Gold Corp.
 (Exact name of registrant as specified in its charter)
 
 
Nevada
000-51203 
98-0425310
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 

Paeso De Bernardez #95 FRACC, Lomas De Bernardez, Guadalupe 986 10, ZAC, Mexico
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code:  1-888-224-6561
 
___________________________________________________
 (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:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 
 

 
 

 
 
 

Section 1 - Registrant’s Business and Operations- Entry into Material Agreement

The company has entered into a consulting agreement with Randy Ross in connection with his appointment as Vice President and Director of the Company. The agreement provides that Mr. Ross will be paid $3.500 per month and receive 5,000,000 shares of restricted common stock.

Section 3 - Securities and Trading Markets

Item 3.02 Unregistered Sales of Equity Securities.

As described in herein of this Current Report, which is incorporated herein by reference, the Company has agreed to issue 5,000,000 restricted common shares to Randy Ross, a Vice President and Director of the company pursuant to a consulting agreement, in a transaction pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Transaction was made in reliance upon the exemption from registration provided by Section 4(2) of the Securities Act of the Securities Act. The issuance of the shares did not involve a public offering and was made without general solicitation or general advertising. The recipient represented that the shares were received for investment purposes only and not with a view to or for sale in connection with any distribution thereof. The recipient is sophisticated investors, and accredited investor, due to knowledge of our industry and company having provided services to the company. The shares of Common Stock issued have been not registered under the Securities Act and neither may be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

As described in Item 1.01 and 5.02 of this Current Report, which is incorporated herein by reference, the Company issued 5,000,000 restricted common shares to our new Vice President of the company in a transaction pursuant to exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). Mr. Robert Gates is an “accredited investor,” as such term is defined in Rule 501(a) of Regulation D of the Securities Act. The Transaction was made in reliance upon the exemption from registration provided by Section 4(2) of the Securities Act and Rule 506 of Regulation D of the Securities Act. The issuance of the shares did not involve a public offering and was made without general solicitation or general advertising. Mr. Ross represented that the shares were received for investment purposes only and not with a view to or for sale in connection with any distribution thereof. The shares of Common Stock issued have been not registered under the Securities Act and neither may be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

 
 
 
 
 
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SECTION 5 – Corporate Governance and Management

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On June 19, 2014, the board of directors appointed Mr. Randy Ross (Age: 57) to fill the positions of Executive Vice President and was appointed a Director of the Company.

There are no family relationships between Mr. Randy Ross any other of our directors or executive officers or directors. Mr. E. Ross has not had any material direct or indirect interest in any of the Company’s transactions since the beginning of the Company’s last fiscal year or in any currently proposed transaction.

The following sets forth biographical information for Mr. Ross:

Mr. Ross (Age: 57), has over thirty years experience in the securities industry, advising clients and companies on securities and financing. The last five years he has been President of Rocmel Resources, a private financial consulting firm. He has also during the period worked for UBS Securities, Barclays Capital, and was Senior Vice President of Aegis Capital, and worked in the past with Lehman Brothers.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits. The following exhibit is filed herewith.

Exhibit No.
 
Description
     
10.1
 


 
 
 

 
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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:  June 27, 2014
 
First Colombia Gold Corp.
 
 
   
By:
 
 /s/ E. Robert Gates                                                     
Name:
 
      E. Robert Gates
Title:
 
      Chief Executive Officer

 
 
 
 
 
 
 
 
 
 
 
 
 
 
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EX-10.1 2 exhibit101.htm EXHIBIT101 exhibit101.htm
EXHIBIT 10.1
 
 
EMPLOYMENT/CONSULTING AGREEMENT


This Employment/Consulting Agreement, dated May ___, 2014 is between First Columbia Gold, Inc. (FCGI) and Randy Ross (RR). Or an entity to which the obligations of this Employment/Consulting Agreement are assigned). However, this Agreement may not be assigned without the express written consent of both Parties hereto.

FCGI desires to engage RR as its Executive Vice President of Mergers & Acquisitions

RR desires to accept such engagement under the terms and conditions contained in this Employment/Consulting Agreement;

The parties agree as follows, intending to be legally bound:

1.           Agreement of Parties.  FCGI engages RR, or its assignee, to perform the normal duties of an Executive Vice President of Mergers & Acquisitions.

2.           Term of Engagement.  The term of this Engagement begins on the date of this Consulting Agreement and continues Five (5) years therefrom, and is automatically extended for one (1) year periods unless terminated in writing ninety (90) days prior to the end of this Employment/Consulting Agreement. If termination is properly communicated, this Employment/Consulting Agreement shall then terminate at the end of the current term. Additionally, this Employment/Consulting Agreement may be terminated for cause, defined as a breach of this Employment/Consulting Agreement or other valid impropriety, which has the effect of endangering fulfillment of this Employment/Consulting Agreement, with a thirty (30) day opportunity to cure.

3.           Consideration.  RR agrees to use its best efforts to fulfill the obligations of this Employment/Consulting Agreement.

Client agrees to pay or transfer to RR:

a)  
Three Thousand Five Hundred dollars ($3,500.00) due upon the execution of this agreement and Three Thousand Five Hundred dollars ($3,500.00) on the first of the following month. In addition, the Three Thousand dollars ($3,500.00) payment shall continue to be paid on the first day of each month for a long as this agreement is in effect.
b)  
In addition, 5,000,000 shares of issued and outstanding Common stock of FCGI issued immediately upon the execution of this agreement. Plus 5,000,000 shares to be issued on October 31, 2014.
c)  
Two (2%) of the net pre-tax profit of the company to be paid within 15 days of the end of each quarter.

 
 
 

 
 
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4.           Expenses.   Client agrees to pay all expenses of RR, which relate to its activity on behalf of FCGI beginning on the date of this Employment/Consulting Agreement. This includes, by way of example only, first class airfare, hotel, meals, travel costs, telephone, copy charges, cost of experts, such as attorneys and accountants, whose services are related to the business of Client, and other direct expenses. However, Client may review and approve budgeted expenses and also retains the right to review and approve expenditures that exceed Five Thousand Dollars ($5,000), which are above budgeted, normal and ordinary expenses.

5.           Beginning Date.  This Employment/Consulting Agreement begins on the date of execution of this Employment/Consulting Agreement, unless otherwise agreed in writing. RR will then participate in the analysis, communication, and negotiation of terms of any advertising media, partnership, joint venture, acquisition, or merger, or other project for all projects and targeted acquisitions disclosed to it.
 
6.           Non-Circumvention.  FCGI agrees not to circumvent (attempt to go around) RR and RR won’t circumvent FCGI.  RR is going to advise FCGI regarding certain business activities. FCGI agrees not to circumvent RR by taking the plans and structure RR discloses to another party, who maybe didn’t know about RR’s plans or structure, but almost certainly will say, “That’s a great structure. I can do it better or I’ll do it for X thousands of dollars less” or other similar statements. RR also doesn’t want FCGI to sell its plans and structure without RR’s involvement and receipt of its fees. FCGI and RR agree that all parties introduced by either party shall be covered by this non-Circumvention agreement.

7.           Notices.  All notices, consents, waivers and other communications under this Consulting Agreement must be in writing and have been duly given (a) two business days following delivery by hand (with written confirmation receipt), (b) five business days following facsimile transmission (with written confirmation receipt) as long as a copy is mailed by registered or certified mail, return receipt requested, or (c) two business days following receipt by the addressee, if sent by a national overnight delivery service (receipt requested), in each case to the addresses and facsimile numbers set forth below (or to such other addresses and facsimile numbers as a party may designate):

Randy Ross
PO Box 8112
New York, NY 10116-8122

8.           Jurisdiction and Venue; Service of Process.  Any proceeding seeking to enforce any provision of, this Consulting Agreement may be brought in the courts of the State of Tennessee, County of Shelby, or, in the United States District Court for the Western District of Tennessee, and each party consents to the jurisdiction of such courts (and of the appropriate appellate courts) in any such proceeding and waives any objection to venue. Process in any proceeding may be served on any party anywhere in the world.
 
 
 

 
 
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9.           Counterparts.   This Employment/Consulting Agreement may be executed in one or more counterparts, each of which will be an original and all of which will be deemed to constitute one and the same. Additionally, this Employment/Consulting Agreement may be initially executed by means of Facsimile signatures between FCGI and RR, with original Employment/Consulting Agreement documents exchanged between FCGI and RR. These Facsimile signatures are deemed to be valid.

10.           Section Headings.  The headings of sections in this Employment/Consulting Agreement are provided for convenience only and do not affect its interpretation.

11.           Waiver.  The rights and remedies of the parties are cumulative and not alternative. When one part of this Employment/Consulting Agreement is not enforced, that part may be enforced later. The fact that any part was not enforced previously does not waive the party’s right to enforce later. Any party may waive any part of this Employment/Consulting Agreement in writing and all parties signing the waiver.

12.           Exclusive Agreement and Modification. This Employment/Consulting Agreement embodies all of the understandings of the parties. This Employment/Consulting Agreement may only be amended by a written agreement executed by FCGI and RR.

13.           Governing Law.  This Employment/Consulting Agreement is to be governed by the laws of the State of Tennessee.

The parties have signed and delivered this Employment/Consulting Agreement as of the above date.


First Columbia Gold, Inc.
Randy Ross
   
   
By:  /s/  E. Robert Gates                                          
By: /s/   Randy Ross                                                
              E. Robert Gates
              President & Director
               Randy Ross

 
 
 
 

 
 
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