Attached files
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 Earliest Event Reported: February 18, 2011
RED MOUNTAIN RESOURCES, INC.
(Exact name of Company as specified in its charter)
7609 Ralston Road, Arvada, CO 80002
(Address of Registrant)
N/A
(Former name or former address, if changed since last report)
Florida 000-164968 27-1739487
---------------------------- ------------------ ------------------------
(State or other jurisdiction (Commission File (IRS Employer Identifi-
of incorporation) Number) cation Number)
(720) 204-1013
Company's telephone number, including area code
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Company 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))
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS
Item 1.01 Entry into a Material Definitive Agreement
On February 18, March 16, and April 19, 2011, Red Mountain Resources,
Inc. (the "Company") issued three Promissory Notes in exchange for cash totaling
$212,500. The Notes are non-interest bearing unless an event of default, as
defined in the Notes, occurs, in which case interest will accrue at the rate of
10% per annum. The notes are due on June 30, 2011. Non-affiliate shareholders of
the Company hold $162,500 of the Notes. The form of the Notes is attached hereto
as Exhibit 10.1.
SECTION 8 OTHER EVENTS
8.01 Other Events
The Company is in the process of raising funds through a private
placement offering with a maximum of $25,000,000. At the time of this filing,
the Company has sold 5,000,000 shares, raising $5,000,000, which is held in
Escrow on behalf of the Company. The shares were sold at a price of $1.00 per
share.
SECTION 9 FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
(a) Financial Statements - None.
(b) Exhibits. The following is a complete list of exhibits filed as
part of this Report. Exhibit numbers correspond to the numbers in the exhibit
table of Item 601 of Regulation S-K.
Exhibit Number Description
10.1 Form of Promissory Notes
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this Report to be signed on its behalf by the
undersigned, hereunto duly authorized.
RED MOUNTAIN RESOURCES, INC.
By: /s/ Kenneth J. Koock
------------------------------------
Kenneth J. Koock, Chief Executive
Officer
Date: April 27, 2011