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: April 29, 2011

(Date of earliest event reported)

  

U.S. PRECIOUS METALS, INC.

 

 

(Exact name of registrant as specified in its charter)

 

Delaware

000-50703

14-1839426

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer I.D. No.)

 

15122 Tealrise Way, Lithia, FL 33547

(Address of Principal Executive Offices)

 

 

(813) 260-1865

(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:

 

[ ]

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))

 

 

 

 

 



 

 

  

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Resignation of Director.

On April 29, 2011, Mr. Jesus Oliveras resigned in his capacity as a director of the Company. Mr. Oliveras did not resign over any disagreement with the Company on any matter relating to our operations, policies or practices. Mr. Oliveras will provide consulting services from time to time to the Company.






SIGNATURE

 

 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.


 

U.S. PRECIOUS METALS, INC.

 

 

 

 

 

 

By:

/s/ Jack Wagenti

 

 

 

Name: Jack Wagenti

 

 

 

Title: Chairman of the Board

 

 

 

Date: May 6, 2011