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EX-10.1 - Westpoint Energy, Inc.form8k071312ex10-1.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 13, 2012
 
WESTPOINT ENERGY, INC.
(Exact Name of Registrant as Specified in Its Charter)
 
Nevada
333-175313
27-4251960
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
871 Coronado Center Drive, Suite 200
Henderson, Nevada
(Address of Principal Executive Offices)
 
89052
(Zip Code)
 
(702) 940-2333
(Registrant’s Telephone Number, Including Area Code)
                                                                                                   _________________________________________________
(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 (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))


 
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Section 8 – Other Events
 
Item 8.01 Other Events.

On July 13, 2012 Westpoint Energy, Inc. (the “Registrant”) closed a private placement of 350,000 common shares at $0.10 per share for a total offering price of $35,000.  The common shares were offered by the Company pursuant to an exemption from registration under Regulation S of the Securities Act of 1933, as amended.   The private placement was fully subscribed to by one non-U.S. person.

For all the terms and provisions of the subscription agreement, reference is hereby made to such document annexed hereto as Exhibits 10.1.  All statements made herein concerning the foregoing are qualified in their entirety by reference to said exhibit.

 
Item 9.01 Financial Statements and Exhibits
 
(c) Exhibits:
 
Exhibit No.                      Description
 
10.1
Form of Private Placement Subscription Agreement
 

 
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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.

 
Westpoint Energy, Inc.
 
(Registrant)
 
 
 
By: /s/ Jack Adams
 
Name: Jack Adams
Title: Secretary and Director

Date:  July 19, 2012

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