UNITED STATES SECURITIES AND
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 1,
EDEN ENERGY CORP.
(Exact name of
registrant as specified in its charter)
(State or other jurisdiction of
(Commission File Number)
(IRS Employer Identification No.)
Suite 1660 1055 West Hastings Street, Vancouver, British
Columbia V6E 2E9
(Address of principal executive offices and Zip
Registrant's telephone number, including area code
(Former name or former address, if changed since
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))
||Entry into a
Material Definitive Agreement
As previously disclosed, on October 2, 2009 we entered into a
loan agreement with D. Sharpe Management Inc. (DSMI), a company owned and
controlled by our President and Director. Pursuant to the loan agreement, we
have borrowed the principal sum of US$1,000,000 (the Loan).
On October 14, 2010 we disclosed that we had entered into an
amendment to the loan agreement with DSMI, extending the due date for the Loan
to April 5, 2011.
On April 1, 2011, we entered into an amending agreement with
DSMI, wherein the Loan has been further extended to May 5, 2011. All other terms
of the loan agreement remain unchanged. We have been advised by the lender that
additional extensions shall not be provided and that upon the Loan becoming due
on May 5, 2011, if we are not capable of repayment, the intention will be to realize on the
Loans security, consisting of our current assets. As a result, our intention is
to establish an independent committee of the board to investigate alternative
financing or asset sale arrangements such that more favorable terms might be
||Departure of Directors or
Principal Officers; Election of Directors; Appointment of Principal
On April 4, 2011, Drew Bonnell resigned as an officer and
director of our company.
Our board of directors now consists of Donald Sharpe, John
Martin and Ralph Stensaker.
||Financial Statements and
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.
EDEN ENERGY CORP.
|Date: April 12, 2011