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): April 22, 2020
GOLD RESOURCE CORPORATION
(Exact name of registrant as specified in its charter)
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Colorado |
001-34857 |
84-1473173 |
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(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
2886 Carriage Manor Point, Colorado Springs, Colorado 80906
(Address of Principal Executive Offices) (Zip Code)
(303) 320-7708
(Registrant’s telephone number including area code)
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
Trading Symbol |
Name of each exchange where registered |
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Common Stock |
GORO |
NYSE American |
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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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)) |
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. ☐
Item 8.01. Other Events
On April 22, 2020, Gold Resource Corporation (the “Company”) issued a press release announcing the extension of the temporary closure of operations at its Oaxaca Mining Unit, including the Arista mine, until May 30, 2020. The closure is pursuant to the federal government of Mexico’s order to close all non-essential businesses, which includes mining, to reduce the spread of the COVID-19 outbreak. A copy of the press release is attached to this report as Exhibit 99.1 and incorporated herein by reference.
The Company continues to maintain its operations at the Oaxaca Mining Unit at the minimum level necessary to maintain safety and environmental systems along with performing care and maintenance and is investigating whether it may re-open sooner than May 30, 2020 pursuant to an exception for businesses in areas that are lesser-affected by COVID-19. The Company is pursuing state and local guidance regarding return-to-work procedures for when operations can resume with an emphasis on worker and community safety.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following materials are furnished as exhibits to this Current Report on Form 8-K.
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Exhibit No. |
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Description |
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99.1 |
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Cautionary Statement for Purposes of the “Safe Harbor “Provisions of the Private Securities Litigation Reform Act of 1995.
With the exception of historical matters, the matters discussed in this report include forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained therein. Such forward-looking statements include, among others, statements regarding future exploration and development activities and the decisions of third parties over which the Company has no control. Factors that could cause actual results to differ materially from projections or estimates include, among others, precious metals prices, economic and market conditions and future drilling results, as well as other factors described in our Annual Report on Form 10-K for the year ended December 31, 2019, and other filings with the SEC. Most of these factors are beyond the Company’s ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made in the press release. Readers are cautioned not to put undue reliance on forward-looking statements.
SIGNATURE
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
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GOLD RESOURCE CORPORATION |
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Date: April 22, 2020 |
By: |
/s/ Jason D. Reid |
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Name: |
Jason D. Reid |
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Title: |
Chief Executive Officer and President |