Attached files
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EX-10.1 - EXHIBIT 10.1 - Dominovas Energy Corp | exhibit10-1.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)
|
February
12, 2010
|
WESTERN
STANDARD ENERGY CORP.
|
(Exact
name of registrant as specified in its
charter)
|
Nevada 000
|
51736
20
|
5854735
|
||
(State
or other
jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
7
New Road, Second Floor, #6, Belize City, Belize
|
(Address
of principal executive offices and Zip
Code)
|
Registrant's
telephone number, including area code
|
(561)
300-5130
|
3702
S. Virginia Street Suite G12-401 Reno Nevada 89502
|
(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:
[ ] 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 CFR
240.14a-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-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
3.02 Unregistered Sales of Equity Securities
On
February 16, 2010, Western Standard Energy Corp. (the “Western Standard” or the
“Company”) issued 100,000 shares of its common stock to Monaco Capital Inc.
(“Monaco”) at a price per share of $0.0015 pursuant to a private placement
subscription agreement dated February 12, 2010. The shares were
issuant pursuant to Regulation S of the Securities Act of 1932 on the basis that
the investor represented to the Company that they were not a “US person” as such
term is defined in Regulation S. Following completion of the private
placement Monaco now owns 100,000 of the Company’s common shares, which
constitutes 52% of the Company’s issued and outstanding common stock as of
February 22, 2010. The subscription funds for the placement came from
working capital of Monaco.
Monaco, a
Belize company, is a merchant bank specializing in small-cap growth
opportunities. Its management has many years of marketing and
financial management expertise and a track record of success in identifying
promising enterprises and enabling their growth. The Company intends
to seek further financing from Monaco as it develops its future business plans.
The Company does not know of any arrangements of Monaco, including any pledge by
any person of securities of the Company, the operation of which may at a
subsequent date result in a change in control or election of directors of the
Company.
Item
5.01 Changes in Control of Registrant
The
disclosure provided in Item 3.02 hereof is responsive to this Item and is hereby
incorporated by reference.
Item
9.01 Financial Statements and Exhibits
(d) Exhibits
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.
WESTERN
STANDARD ENERGY CORP.
By: /s/ Peter
Jenks
Peter Jenks
President, CEO and
Director
February 22, 2010
3