UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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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 7, 2011
EL CAPITAN PRECIOUS METALS, INC.
(Exact name of registrant as specified in its charter)
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Nevada
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333-56262
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88-0482413
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(State or other jurisdiction
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(Commission
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(IRS Employer
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of incorporation)
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File Number)
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Identification No.)
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15225 N. 49th Street
Scottsdale, Arizona 85254
(602) 595-4997
(Registrant’s telephone number, including area code)
N/A
(Former name, former address and former fiscal year, 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:
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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))
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| Item 2.01 |
Departure of Directors of Certain Officers; Election of Directors, Appointment of Certain Officers, Compensatory Arrangements of Certain Officers.
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Option issuances to directors
On February 7, 2011, El Capitan Precious Metals, Inc. (the “Company”) granted to each of John F. Stapleton, Charles C. Mottley and James G. Ricketts, in consideration for their service to the Company as directors, a two-year option to purchase 500,000 shares of the Company’s common stock, at an exercise price of $1.02 per share, the closing price of the Company’s common stock on February 7, 2011. The options were issued pursuant to the Company’s 2005 Stock Incentive Plan, and shall vest on April 30, 2011. The options provide for a cashless exercise option.
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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.
Dated: February 11, 2011
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EL CAPITAN PRECIOUS METALS, INC.
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By:
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/s/ Stephen J. Antol | |
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Stephen J. Antol
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Chief Financial Officer
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