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EX-10.1 - Kibush Capital Corpex10-1.htm

 

 

 

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)

June 22, 2020

 

Image result for kibush capital corp

 

Kibush Capital Corp.

(Exact name of registrant as specified in its charter)

 

NEVADA

(State or other jurisdiction of incorporation)

 

000-55256

(Commission File No.)

 

c/o CSC Services of Nevada, Inc.

2215-B Renaissance Drive

Las Vegas, Nevada 89119

(Address of principal executive offices and Zip Code)

 

+(61) 3 9846 4288

(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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):

 

Emerging growth company [X]

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [  ]

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
         

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On June 26, 2020, Kibush Capital Corporation (the “Company”) and Hancore Pty Ltd CBD of Australia, (the “Seller”), entered into a Share Purchase Agreement (the “Agreement”) to acquire 51% of the Common Shares of CBD Imports Pty Ltd of Australia. CBD Imports Pty Ltd holds licences issued by the State and Federal Australian Government Authorities to import Cannabidiol to Australia.

 

The purchase price was 5100 Preference A Par Value .001 shares in Kibush Capital Corporation.

 

The foregoing description of the Agreement contained herein is a summary of the material terms, does not purport to be complete, and is qualified in its entirety by reference to the Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 2.01 Completion of Acquisition or Disposition of Assets.

 

On June 26, 2020, (the “Closing Date”), Kibush Capital Corporation the Company, completed its acquisition of 51% of CBD Imports Pty Ltd pursuant to the Agreement disclosed in Section 1.01 above. The Company issued 5,000,000 Preference A Class Shares Par Value .001 as consideration.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits:

 

Exhibit Number   SEC Reference Number   Title of Document   Location
             
10.1   10   Share Purchase Agreement June 26th 2020   This Filing

 

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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.

 

Dated this 29th day of June, 2020.

 

  KIBUSH CAPITAL CORP.
     
  BY: /s/ Warren Sheppard
    Warren Sheppard, President

 

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