Attached files
file | filename |
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EX-10.2 - Titan Oil & Gas, Inc. | form8k041210ex10-2.htm |
EX-10.1 - Titan Oil & Gas, Inc. | form8k041210ex10-1.htm |
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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 12, 2010
XTRASAFE,
INC.
(Exact
Name of Registrant as Specified in Its Charter)
Florida
(State or
Other Jurisdiction of Incorporation)
333-153762
(Commission
File Number)
|
26-2780766
(IRS
Employer Identification No.)
|
7251 West
Lake Mead Boulevard
Suite
300
Las Vegas, Nevada
89128
(Address
of Principal Executive Offices, Zip Code)
702-562-4315
(Registrant's
Telephone Number, Including Area Code)
Not
Applicable
-----------------------------------------------------------------------
(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 (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 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))
1
Section
1 – Registrant’s Business and Operations
Item
1.01. Entry into a Material Definitive Agreement.
On April
12, 2010, Xtrasafe, Inc., a Florida corporation (the “Registrant”) executed a
Sale and Conveyance Agreement (the “Agreement”) with 966749 Alberta Corp. (the
“Vendor”) for the acquisition of a 2.51255% working interest in an oil well
located in Alberta, Canada. Under the Agreement the Registrant paid
the Vendor CDN $6,060 including taxes and closing costs. The
underlying property lease is with the Alberta provincial government which has
granted a petroleum and natural gas lease to the Vendor.
Section
8 – Other Events
Item
8.01 Other Events.
Also on
April 12, 2010 the Registrant closed a private placement of 250,000 common
shares at $0.20 per share for a total offering price of $50,000. The
common shares were offered by the Company pursuant to an exemption from
registration under Regulation S of the Securities Act of 1933, as
amended. The private placement was fully subscribed to by two
non-U.S. persons.
Item
9.01 Financial Statements and Exhibits
(a)
Financial Statements.
(b) Pro
forma financial information.
(c)
Exhibits:
10.1 Sale and
Conveyance Agreement dated April 12, 2010 between 966749 Alberta Corp. and
Xtrasafe, Inc.
10.2 Form of Private Placement Subscription
Agreement
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.
XTRASAFE, INC.
By: /s/ Depinder
Grewal
Name: Depinder
Grewal
Title: President and Chief Executive
Officer
Date: April
12, 2010