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Thursday, March 28, 2013 4:40:05 PM
8K...03/28/13;
US Copper Investments Ltd. /Jaroslav Ruza
http://www.sec.gov/Archives/edgar/data/1479000/000114420413018278/v339763_8k.htm
detail...
Item 1.01: Entry into a Material Definitive Agreement.
On March 25, 2013 (the “Closing Date”), American Copper Corp. (the “Company”), entered into a Mineral Property Acquisition Agreement (the “Acquisition Agreement”), with US Copper Investments Ltd. (the “Vendor”) whereby the Company acquired from the Vendor a right to acquire a 100% right, title, and interest in and to a certain property known as The Ridgestake Copper-Gold Prospect, which comprises 7 mineral claims covering, in aggregate, 7,733 acres (3,129.48 ha) (the “Property”). The Property, which is a copper-gold-silver-molybdenum prospect, is located 125 km south-west of Williams Lake in south-central British Columbia (BC), Canada. Pursuant to the Acquisition Agreement, in consideration of an undivided 100% interest in and to the Property, the Vendor will receive 5,000,000 restricted shares of the Company’s common stock (the “Shares”).
As a closing condition to the Acquisition Agreement, the Company entered into a Mineral Property Transfer Agreement (the “Transfer Agreement”), with the Vendor and Jaroslav Ruza, BC, a Canadian corporation (“Ruza”), whereby the Vendor transferred to the Company its right to acquire a 100% right, title, and interest [in] the Property from Ruza. Pursuant to the Transfer Agreement, Ruza shall be entitled to receive 2.5% of any Net Smelter Return on the Property.
Ruza has agreed to transfer the Property, as further described in the Acquisition Agreement, on the Closing Date.
...
Item 2.01: Completion of Acquisition or Disposition of Assets.
On March 25, 2013, the Company acquired a 100% right, title, and interest in the Property.
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http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001479000&type=&dateb=&owner=include&count=40
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