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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): July 18, 2011
SIGA RESOURCES, INC.
(Exact name of registrant as specified in its charter)
Nevada 333-145879 74-3207964
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification Number)
1002 Ermine Court
South Lake Tahoe, CA, 96150
(Address of principal executive offices)
530-577-4141
(Registrant'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 registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] 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 1.01 ENTRY INTO A DEFINITIVE MATERIAL AGREEMENT
On July 18, 2011, the Company entered into an agreement with Bentall Fairview
Resources Co. Ltd., an Ontario company ("Bentall"), whereby the two companies
will develop the Big Bear Mining Claims project (the "Project") under a 50/50
joint venture agreement (the "JV Agreement") with Siga as the Operator. Under
the terms of the JV Agreement, Bentall will commit to a funding schedule as
follows:
1. Payment of $200,000 for the initial work program on the Project,
payable as follows:
a. $100,000 by August 2, 2011;
b. $100,000 by September 16, 2011;
2. Payment of $9,800,000 for the cost of putting the Project into
production. Payable according to cash call by the operator under an
approved budget, estimated to occur over the first two years of
operation.
These three payments shall together constitute 100% of Bentley's total required
contribution to the Joint Venture.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(A) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED.
Not applicable.
(B) PRO FORMA FINANCIAL INFORMATION.
Not applicable.
(C) SHELL COMPANY TRANSACTIONS.
Not applicable.
(D) EXHIBITS
Ex. 10.1 JOINT VENTURE AGREEMENT DATED JULY 18, 2011
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.
SIGA RESOURCES INC.
Date: July 21, 2011 /s/ Edwin G. Morrow
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EDWIN G. MORROW