redmetal_8k-050809.htm

0001137091-09-000239.txt : 20090515 0001137091-09-000239.hdr.sgml : 20090515 20090515163927 ACCESSION NUMBER: 0001137091-09-000239 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090508 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090515 DATE AS OF CHANGE: 20090515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RED METAL RESOURCES, LTD. CENTRAL INDEX KEY: 0001358654 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 202138504 FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-52055 FILM NUMBER: 09833824 BUSINESS ADDRESS: STREET 1: 195 PARK AVENUE CITY: THUNDER BAY STATE: A6 ZIP: P7B 1B9 BUSINESS PHONE: 807-345-5380 MAIL ADDRESS: STREET 1: 195 PARK AVENUE CITY: THUNDER BAY STATE: A6 ZIP: P7B 1B9 FORMER COMPANY: FORMER CONFORMED NAME: Red Lake Exploration Inc. DATE OF NAME CHANGE: 20060407 8-K 1 redmetal_8k-050809.htm CURRENT REPORT redmetal_8k-050809.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): May 8, 2009

RED METAL RESOURCES LTD.

(Exact name of registrant as specified in Charter)

Nevada		000-52055		20-2138504
(State or other jurisdiction of incorporation or organization)		(Commission File No.)		(IRS Employee Identification No.)

195 Park Avenue

Thunder Bay

Ontario, Canada P7B 1B9

(Address of Principal Executive Offices)

807-345-5380

(Issuer Telephone number)

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).

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)).

[ ] Pre-commencement communications pursuant to Rule 13e-(c) under the Exchange Act (17 CFR 240.13(e)-4(c))

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Item 1.01 Entry into a Material Definitive Agreement

The following discussion provides only a brief description of the documents described below. The agreements are attached to this Current Report as exhibits. The discussion below is qualified in its entirety by the full text of the agreements.

On May 8, 2009 and on May 12, 2009 Mr. Richard N. Jeffs, who is the father of our chief executive officer, Caitlin Jeffs, and a significant stockholder, loaned us $11,000 and $7,000, respectively. The loans are due on demand and accrue interest on the unpaid principal balance at the rate of 8% per annum, compounded monthly.

Item 9.01 Financial Statements and Exhibits

Exhibit 10.1 Loan Agreement and Promissory Note dated May 8, 2009

Exhibit 10.2 Loan Agreement and Promissory Note dated May 12, 2009

SIGNATURE

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

	RED METAL RESOURCES LTD.

Dated: May 15, 2009	By:	/s/ Caitlin Jeffs
		Caitlin Jeffs
		Chief Executive Officer and President

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EX-10.1 2 ex_10-1.htm LOAN AGREEMENT, MAY 8 ex_10-1.htm

Exhibit 10.1

LOAN AGREEMENT

May 8, 2009

Richard N. Jeffs (the “Lender”) of 4 Montpelier Street, Suite 521, London, SW71EE, advanced US$11,000 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 195 Park Avenue, Thunder Bay, Ontario, P7B 1B9. The Lender advanced the funds on May 8, 2009

The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 8% per year (the “Interest”) from May 8, 2009.. The Borrower is liable for repayment for the Principal Sum and accrued Interest and any costs that the Lender incurs in trying to collect the Principal Sum and the Interest.

The Borrower will evidence the debt and its repayment of the Principal Sum and the Interest with a promissory note in the attached form.

LENDER		BORROWER
Richard N. Jeffs		Red Metal Resources Ltd.

Per:		Per:

/s/ Richard N. Jeffs		/s/ Caitlin Jeffs
Richard N. Jeffs		Authorized Signatory

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PROMISSORY NOTE

Principal Amount: US$11,000 May 8, 2009

For value received Red Metal Resources Ltd., (the “Borrower”) promises to pay on demand to the order of Richard N. Jeffs (the “Lender”) the sum of $11,000 lawful money of United States of America (the “Principal Sum”) together with interest on the Principal Sum from May 8, 2009 (“Effective Date”) both before and after maturity, default and judgment at the Interest Rate as defined below.

For the purposes of this promissory note, Interest Rate means 8 per cent per year. Interest at the Interest Rate must be calculated and compounded monthly not in advance from and including the Effective Date (for an effective rate of 8.3% per annum calculated monthly), and is payable together with the Principal Sum when the Principal Sum is repaid.

The Borrower may repay the Principal Sum and the Interest in whole or in part at any time.

The Borrower waives presentment, protest, notice of protest and notice of dishonour of this promissory note.

BORROWER

Red Metal Resources Ltd.

Per: /s/ Caitlin Jeffs

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EX-10.2 3 ex_10-2.htm LOAN AGREEMENT, MAY 12 ex_10-2.htm

Exhibit 10.2

LOAN AGREEMENT

May 12, 2009

Richard N. Jeffs (the “Lender”) of 4 Montpelier Street, Suite 521, London, SW71EE, advanced US$7,000 (the “Principal Sum”) to Red Metal Resources Ltd. (the “Borrower”) of 195 Park Avenue, Thunder Bay, Ontario, P7B 1B9. The Lender advanced the funds on May 12, 2009

The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 8% per year (the “Interest”) from May 12, 2009.. The Borrower is liable for repayment for the Principal Sum and accrued Interest and any costs that the Lender incurs in trying to collect the Principal Sum and the Interest.

The Borrower will evidence the debt and its repayment of the Principal Sum and the Interest with a promissory note in the attached form.

LENDER		BORROWER
Richard N. Jeffs		Red Metal Resources Ltd.

Per:		Per:

/s/ Richard N. Jeffs		/s/ Caitlin Jeffs
Richard N. Jeffs		Authorized Signatory

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PROMISSORY NOTE

Principal Amount: US$7,000 May 12, 2009

For value received Red Metal Resources Ltd., (the “Borrower”) promises to pay on demand to the order of Richard N. Jeffs (the “Lender”) the sum of $7,000 lawful money of United States of America (the “Principal Sum”) together with interest on the Principal Sum from May 12, 2009 (“Effective Date”) both before and after maturity, default and judgment at the Interest Rate as defined below.

The Borrower may repay the Principal Sum and the Interest in whole or in part at any time.

The Borrower waives presentment, protest, notice of protest and notice of dishonour of this promissory note.

BORROWER

Red Metal Resources Ltd.

Per: /s/ Caitlin Jeffs

Authorized signatory

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