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EX-99.1 - ATHENA SILVER CORPpressrelspinoffv3.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):     December 23, 2010




Athena Silver Corporation
(Exact Name of Registrant as Specified in its Charter)



       Delaware       

       _000-51808         

    90-0158978    

(State or other jurisdiction
of incorporation)

Commission File
Number

(I.R.S. Employer Identification number)



c/o Brian Power; 2010A Harbison Drive # 312, Vacaville, CA  95687
(Address of principal executive offices)                    (Zip Code)


Registrant's telephone number, including area code:   (707) 884-3766


_________________________

(Former name or former address, if changed since last report)



___

Written communications pursuant to Rule 425 under the Securities Act

___

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

___

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

___

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act








ITEM 7.01

REGULATION FD DISCLOSURE


      On December 23,  2010, Athena Silver Corporation (the “Company”) issued a press release announcing that it will spin-off to its shareholders, pro rata, a majority of its interest in Magellan Gold Corporation.  A copy of the press release is attached hereto.




ITEM 9.01:       EXHIBITS



 

(c)

Exhibit

   
 

Item

Title

   
 

99.1

Press Release dated December 23, 2010.


   




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 thereunto duly authorized.



 

Athena Silver Corporation.

  

Date:  December 23, 2010

By_/s/ John C. Power__________________

   John C. Power

  Chief Executive Officer/Director

  





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