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They don't need to file any audited reports anymore, if they even file again.
SECTION 8 – OTHER EVENTS
Item 8.01 Other Events
On March 29, 2016, Golden Phoenix Minerals, Inc. (the "Company") filed a Form 15 with the U.S. Securities and Exchange Commission terminating registration under Section 12(g) of the Securities Exchange Act of 1934 (the "Act") and suspending the Company's duty to file reports under Sections 13 and 15(d) of the Act.
The Company's common stock will continue to be publicly traded on the OTC Pink Current marketplace under the symbol "GPXM". The Company's annual and quarterly unaudited financial statements will be filed using the alternative reporting standard.
Hi Pete-another form 8 for GPXM-they confirm that GPXM will continue and that
next audit will be a simplified version: probably due to the auditor changed. :)
Definitely not a good sign Belgie.
Termination of Registration of a Class of Security Under Section 12(g) (15-12g)
Source: Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 000-22905
Golden Phoenix Minerals, Inc.
(Exact name of registrant as specified in its charter)
125 East Main Street, Suite 602, American Fork, Utah 84003
(801) 418-9378
(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)
Common Stock, $0.001 par value
(Title of each class of securities covered by this Form)
None
(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)
Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:
Rule 12g-4(a)(1)
___
Rule 12g-4(a)(2)
X
Rule 12h-3(b)(1)(i)
___
Rule 12h-3(b)(1)(ii)
X
Rule 15d-6
___
Rule 15d-22(b)
___
Approximate number of holders of record as of the certification or notice date: 302
Pursuant to the requirements of the Securities Exchange Act of 1934 (Name of registrant as specified in charter) has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.
Date: March 29, 2016
By: /s/ Dennis P. Gauger
Dennis P. Gauger , Chief Financial Officer
Instruction: This form is required by Rules 12g-4, 12h-3 and 15d-6 and 15d-22 of the General Rules and Regulations under the Securities Exchange Act of 1934. The registrant shall file with the Commission three copies of Form 15, one of which shall be manually signed. It may be signed by an officer of the registrant, by counsel or by any other duly authorized person. The name and title of the person signing the form shall be typed or printed under the signature.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
From the 8K Item 8.01 Other Information
Golden Phoenix Minerals, Inc. (the "Company") and several of its current and former officers, consultants and attorneys have been named as a defendant in a lawsuit filed on February 26, 2016 in the U.S. District Court for the Southern District of Florida, Civil Action No. 1:16-CV-20712-KMM by Pinnacle Minerals Corporation ("Pinnacle") ("Florida Litigation"). The Florida Litigation relates to a lawsuit previously brought by Pinnacle against the Company that was referred to arbitration. In the former case, the Company prevailed on its defense of Pinnacle's claims and on its counterclaims against Pinnacle and received an arbitration award that Pinnacle is currently contesting. Following the arbitration, Pinnacle filed for bankruptcy protection. The Company is awaiting a decision on Pinnacle's request that the arbitrator reconsider the award. Pinnacle's motion to reconsider an order releasing certain funds held to secure the arbitration award to the Company was denied by the arbitrator. Claims in the Florida Litigation include Racketeer, Influenced and Corrupt Organizations (RICO) under 18 U.S.C. 1961 and Civil Conspiracy against all defendants and breach of fiduciary duty against David Caldwell, a former officer of the company. The Company does not believe the Florida Litigation has merit and is defending the case vigorously.
GPXM-3 new forms filed today :directors paid with shrs at 36-38 :)
The news just posted by GPXM looks very bad. They have filed SEC Form 15, apparently to me they are de-registering the common stock, and perhaps eliminating reporting requirements like quarterly reports. Let's hear some comments on what is going on. Here's the filing:
http://ih.advfn.com/p.php?pid=nmona&article=70923368&symbol=GPXM
This comes on top of the last news that said Pinnacle did not pay GPXM the money they owed them, instead they filed for some kind of bankruptcy protection, and are now suing GPXM and its officers.
Is the end finally in sight for Golden Phoenix?
Golden Phoenix Miner (GPXM)
0.0022 ? -0.00076 (-25.68%)
Volume: 666,400 @ 1:30:13 PM ET
Bid Ask Day's Range
0.0022 0.0037 0.0022 - 0.00354
GPXM Detailed Quote Wiki
thank you, goods to ya, GPXM
Not far as I can see-lot of changes since they won the suit:) Cash should be
over but they aren't printing AND they have started a new project. As the new
Director put in place last summer has a lot of know-out and connections,
I'm dreaming of a partnership or something similar :)
Share price is not going down... let's see .... :)
for any reason ????? GOLDEN PHOENIX MINERALS (GPXM)'
GPXM-thanks: auditor changed
GPXM News: Current Report Filing (8-k) 03/02/2016 01:26:43 PM
GPXM News: Statement of Changes in Beneficial Ownership (4) 01/28/2016 09:40:48 AM
GPXM News: Statement of Changes in Beneficial Ownership (4) 01/28/2016 09:30:58 AM
GPXM News: Statement of Changes in Beneficial Ownership (4) 01/28/2016 09:12:06 AM
GPXM News: Statement of Changes in Beneficial Ownership (4) 12/03/2015 11:00:07 AM
can you read this ????? Golden Phoenix Miner (GPXM)
0.0025 ? 0.0003 (13.64%)
Volume: 278,255 @ 3:03:20 PM ET
Bid Ask Day's Range
0.0025 0.0029 0.0025 - 0.0029
GPXM Detailed Quote Wiki
$GPXM share structure
## source: otcmarkets.com
Market Value: $969,719 a/o Feb 26, 2016
Shares Outstanding: 461,770,907 a/o Nov 04, 2015
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
GPXM-thanks :) lot of shrs bought at 29 today and than ...
a little shrs back at 22 ... hmmmmmm :))))
only filled 23000 of 100000 buy at 0.0025 then they upped the ask to 0.0029. Market maker looking for cheap shares with bid of only 0.002. Looking to buy more at 0.0025. For me it is buy and hold situation. I hope GPXM gets some financing or attract some good joint venture partner.
GPXM-seems it's doing very well :)
GPXM site is working: www.goldenphoenix.us/
= news on its way? Nice
Hopefully Maintenance for downed website
Golden Phoenix Miner (GPXM)
0.0029 ? 0.0 (0.00%)
Volume: 270,000 @ 1:50:39 PM ET
Bid Ask Day's Range
0.0019 0.0029 0.0025 - 0.0029
GPXM Detailed Quote Wiki
GPXm-day range 26-27 today :) I'm waiting for the quarterly
should be these days
Golden Phoenix Miner (GPXM)
0.0017 ? 0.0 (0.00%)
Volume: 0 @- ET
Bid Ask Day's Range
0.0017 0.0027 - - -
GPXM Detailed Quote Wiki
Hi Mick,thanks-I am wondering what they are planning
to do. The new managers are working together since last
summer ...
let's see & a nice end of Sunday to you :)
Hi Mick-GPXM directors have been paid with shares last week :)
Ya, That was the good old "super sacks" lined up.
Those were the days.
Didn't this company used to mine molybdenum and gold? Been a while since they mined anything, since about the same time a certain company official lied to a Nevada judge and they lost a GOLD mine.
Now they announce flimsy transactions, and troll for sub penny investors.
no A/S ????? GPXM Security Details
Share Structure
Market Value1 $507,948 a/o Jan 19, 2016
Authorized Shares Not Available
Outstanding Shares 461,770,907 a/o Nov 04, 2015
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float Not Available
Par Value No Par Value
Transfer Agent(s)
Signature Stock Transfer, Inc.
Shareholders
Shareholders of Record 301 a/o Apr 14, 2014
Short Selling Data
Short Interest 11,000 (-71.11%)
Dec 15, 2016
Significant Failures to Deliver No
HI MICK.... news are finally starting at GPXM :)
GPXM 0.0016 0.0005 - NEW see PR :) ++++++++++++++++++++++
Today 5d 1m 3m 1y 5y 10y
Golden Phoenix Acquires New Project in Nevada and Reports Gold Grades Up to 1.1 oz/ton From Rock Samples
DENVER, Jan. 19, 2016 (GLOBE NEWSWIRE) -- Golden Phoenix Minerals, Inc. (OTCBB:GPXM) (“Golden Phoenix” or the “Company”) is pleased to announce that it has renewed its exploration efforts in the Mineral Ridge District near Tonopah, Nevada. The Company’s technical team has conducted geological mapping and sampling in and around its extensive land position, much of which is on trend with the nearby Mineral Ridge Mine (70% Scorpio Gold and 30% Waterton Global Value L. P.). Recent initial results include rock samples containing up to 1.1 oz/ton of gold (36.9 grams per tonne). Based in part on this new information, Golden Phoenix has acquired several hundred acres of new mineral claims in the Silver Peak Range. This project is at an early stage; additional exploration will be required to further these results.
The Company’s geologists staked a total of 21 new mineral claims on U.S. Bureau of Land Management land in the Silver Peak Range covering approximately 420 acres (170 hectares). These new claims include the historic North Star Mine and surrounding areas that adjoin the Coyote Fault and Silver Peak claim groups, which have been optioned from Mhakari Gold Corp. This new acquisition brings the Company’s total land position in the district to more than 4,000 acres (1,620 hectares).
Golden Phoenix’s technical team includes senior geoscientists with more than 60 years of combined relevant experience in mineral exploration and development. In fact, a lead consultant for the Company is a senior geologist with considerable experience in Esmerelda County gold systems, including the mineralization found at the Mineral Ridge Mine. The team recognized a trend of alteration, favorable structure, and appropriate host rocks trending northwest from the nearby mine across the Company’s claims. As the Company’s understanding of the geological model improved, this targeted rock sampling confirmed the presence of potentially significant gold mineralization on pre-existing claims and the newly acquired property.
Geologists collected a total of 37 samples from outcrops, prospect pits, and historic mines and rock dumps. The recent program identified gold and multi-element geochemical anomalies spanning more than 2.8 miles (4.6 kilometres) of the trend. The Company believes that the gold content, geochemistry, scale, and structural geology of these targets suggest the presence of a potentially significant mineral system that appears to be separate from the mineralization at the Mineral Ridge Mine. The following table summarizes the highest-grade gold samples collected in this program to date.
Sample ID Au (g/tonne)* Au (oz/ton) Comments
GS-03 36.90 1.08 Rock dump at North Star Mine
GS-01 33.60 0.98 Outcrop sample at North Star Mine
GS-07 32.00 0.93 Outcrop sample, no evidence of drilling or mining
GS-05 16.35 0.48 Rock dump at North Star Mine
GS-02 6.53 0.19 Rock dump at North Star Mine
GS-04 6.44 0.19 Rock dump at North Star Mine
GS-10 6.03 0.18 Outcrop sample at North Star Mine
H-08 4.33 0.13 Rock dump from prospect pit
* - Gold determinations by 30-gram fire assay/atomic absorption spectrometry and 1 assay ton fire assay with a gravimetric finish for samples containing more than 10 g/tonne gold
Don Gun, President and CEO of Golden Phoenix Minerals, commented on the new acquisition and gold results, “The new North Star Property is a strong addition to Golden Phoenix’s large land position at Mineral Ridge. We believe this preliminary work to be a good indication that a strong gold system may exist well to the northwest of the Mineral Ridge Mine. Our technical team has built a geological model to explain these targets; and this sampling demonstrates a scale and intensity that is encouraging. We look forward to advancing these targets in 2016.”
Comments about Quality Assurance and Quality Control: The work reported herein was conducted under the supervision of Patrick Highsmith, a director of the Company and a Certified Professional Geologist (AIPG CPG# 11702) with more than 25 years relevant experience in the mining and exploration industry. Professional geologists collected all of these samples and delivered them to ALS Minerals Lab in Reno, Nevada for sample preparation and analysis. The Company employed industry standard methods of quality assurance and quality control, including the insertion of blind analytical control samples and repeat analyses. ALS Minerals is a leading provider of assay and geochemical services to the global mining industry. Relevant ALS facilities in Nevada and Vancouver, BC, Canada are registered to ISO 9001:2008 quality standards and have received ISO 17025 accreditation for the provision of fire assay gold determinations.
About the Company: Golden Phoenix Minerals, Inc. is a U.S. based mining company focused on growth through exploration, joint venture, and royalty opportunities in precious metals, primarily in the world-class mining jurisdiction of Nevada. The Company’s current mineral properties consist of the North Star Project and large blocks of claims optioned throughout the Silver Peak Range of western Nevada, including the Coyote Fault, Silver Peak, Vanderbilt, and North Springs areas. More information on the Company can be found at www.goldenphoenix.us.
On behalf of the Board of Directors
Donald B. Gunn, President and CEO
Forward-Looking Statements: Information contained herein regarding pending legal matters or strategy, optimism related to the business, exploration results, mineral development potential, development activities and other such statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to the safe harbors created thereby. While the Company believes such statements are reasonable, they are based on current expectations, estimates and projections about the Company's business and are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description limited herein due to many factors including: the results from our exploration programs, uncertainty regarding the availability of additional capital, fluctuations in commodity prices, domestic and international business and economic conditions, volatility of capital markets, and other risk factors listed in the Company's Securities and Exchange Commission (SEC) filings under “risk factors” and elsewhere. The Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
Would like to get some tips regarding this stock.
Golden Phoenix Miner (GPXM)
0.0011 ? 0.0 (0.00%)
Volume: 120,000 @ 3:30:22 PM ET
Bid Ask Day's Range
0.0011 0.0016 0.0011 - 0.0016
GPXM Detailed Quote Wiki
GPXM-very very low right now: waiting for news
Golden Phoenix Miner (GPXM)
0.0011 ? -0.0003 (-21.43%)
Volume: 99,285 @ 12:44:55 PM ET
Bid Ask Day's Range
0.0011 0.0014 0.0011 - 0.0014
GPXM Detailed Quote Wiki
GPXM:Directors have choosen shares and not money
for the quarterly fees payment:
that's great.
Note that they could be a little out of money,
but if they would they could print and the do not ...
what's the meaning ? WW
++++++++
You guys realize you can buy 1,764,706 shares at .0017 for $3000.00?
Don Gunn, CEO, just did it, see SEC filing.
Normally that would be a positive insider buy, but is it?
GPXM is out of money right now, based on the last 10Q.
Don now has 10 million shares, worth almost nothing.
Happy holidays Bob!!
TTCM
Check it out
Nope. Not sure of anything. It is an opinion based on reading the last quarterly report, plus knowing that any material event would require the filing of an 8K within a few business days. If it goes on a run for you, that is great, but without an 8K filing, don't get caught in the dump that typically follows what could just be a third party front loaded pump.
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The Company’s current mineral properties consist of options to acquire interests in the Mhakari and North Springs properties in Nevada. More information on the Company can be found at www.goldenphoenix.us. |
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