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Hope its something GOOD !! I don't know why ! but the trip was sudden !IMO
Rumor Scherba is in Madagascar .
Spartex from 8k 4/12/16
As used in this report, the terms "we", “us", “our", the “Company" refer to Energizer Resources Inc., a Minnesota corporation.
Item 3.02 – Unregistered Sale of Equity Securities
On April 11, 2016, the Company closed a private placement offering (the “Offering”) of 3,207,857 units (the “Units”) at a price of $0.05 (CAD$0.07) per unit, representing aggregate gross proceeds of $172,615 (CAD$224,550). Each Unit consisted of one common share of the Company and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one common share at a price of $0.11 per common share until April 11, 2018.
All securities issued in connection with the Offering will be subject to a minimum six-month hold period as required by U.S. securities laws, and will also be subject to a four-month hold period (which will run concurrently with the six-month hold period) as required by Canadian securities laws.
The securities described herein have not been registered under the Securities Act of 1933, as amended, (the “Securities Act”) or any state securities laws and may not be offered or sold in the United States or to U.S. persons unless an exemption from registration is available. This Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
Each of the issuances above were effected in reliance upon the exemption provided by Regulation S under the Securities Act of 1933, as amended, for a transaction not involving a public offering. We completed the offering of the shares pursuant to Rule 903 of Regulation S of the Securities Act on the basis that the sale of the securities was completed in an “offshore transaction”, as defined in Rule 902(h) of Regulation S. Each investor represented to us that the investor was not a U.S. person, as defined in Regulation S, and was not acquiring the shares for the account or benefit of a U.S. person. The securities contain a legend restricting the sale of such securities in accordance with the Securities Act.
Item 7.01. Regulation FD Disclosure.
The Company, on April 11, 2016, closed a non-brokered private placement of 3,207,857 units raising gross proceeds of $172,615 (CAD$224,550). A copy of the press release is furnished as Exhibit 99.1 to this Current Report filed on Form 8-K and is incorporated herein by reference.
Note: the information in this report (including the exhibit) is furnished pursuant to Item 7.01 and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, or incorporated by reference in any filing under the Securities Act, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. This report will not be deemed a determination or an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD.
All securities issued in connection with the Offering will be subject to a minimum six-month hold period as required by U.S. securities laws, and will also be subject to a four-month hold period (which will run concurrently with the six-month hold period) as required by Canadian securities laws.
The securities described herein have not been registered under the Securities Act of 1933, as amended, (the “Securities Act”) or any state securities laws and may not be offered or sold in the United States or to U.S. persons unless an exemption from registration is available. This Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
Each of the issuances above were effected in reliance upon the exemption provided by Regulation S under the Securities Act of 1933, as amended, for a transaction not involving a public offering. We completed the offering of the shares pursuant to Rule 903 of Regulation S of the Securities Act on the basis that the sale of the securities was completed in an “offshore transaction”, as defined in Rule 902(h) of Regulation S. Each investor represented to us that the investor was not a U.S. person, as defined in Regulation S, and was not acquiring the shares for the account or benefit of a U.S. person. The securities contain a legend restricting the sale of such securities in accordance with the Securities Act.
FAQ on Reg S
http://media.mofo.com/files/Uploads/Images/FAQs-Regulation-S.pdf
Spartex.....
11. Stock Options
The Company's stock option plan is restricted to a maximum of 43,000,000 stock options. As of March 31, 2016 there were 41,965,000 stock options outstanding with a weighted average expiration of 2.52 years. All the stock outstanding options vested on their grant date.
Grant
Date
Expiration
Date
Exercise Price
Balance as of March 31, 2016
July 1, 2011
July 1, 2016
$0.30
3,300,000
July 13, 2012
July 13, 2016
$0.29
1,650,000
October 24, 2011
October 24, 2016
$0.20
1,640,000
December 1, 2011
December 1, 2016
$0.21
1,785,000
March 7, 2012
March 4, 2017
$0.28
4,900,000
May 23, 2012
May 23, 2017
$0.23
180,000
February 27, 2013
February 27, 2018
$0.21
4,900,000
July 9, 2013
July 9, 2018
$0.11
1,080,000
September 19, 2013
July 19, 2018
$0.15
675,000
October 9, 2013
October 9, 2018
$0.13
250,000
January 10, 2014
January 10, 2019
$0.18
4,400,000
July 3, 2014
July 3, 2019
$0.15
4,275,000
February 26, 2015
February 26, 2020
$0.20
4,430,000
December 22, 2015
December 22, 2020
$0.06
8,500,000
Total Outstanding
41,965,000
spartex from the 10q
Our money is supporting other companies , not moving the ENZR Project forward....
7. Related Party Transactions and Balances
The Company had related party transactions during the period. Parties are related if one party has the direct or indirect ability to control or exercise significant influence over the other party in making operating and financial decisions. Parties are also related if they are subject to common control or common significant influence. Related parties include corporate entities, members of the Board of Directors and certain key management as well as companies controlled by these individuals.
A transaction is considered to be a related party transaction when there is a transfer of economic resources or financial obligations between related parties. Related party transactions that are in the normal course of business and have commercial substance are measured at the fair value. The following related party transactions occurred during the period ended March 31, 2016:
a)
The Company incurred $68,293 in general and administrative costs (March 31, 2015: $74,200) from a public company related by common management, Red Pine Exploration Inc. (TSX.V: "RPX"). During the period the Company forgave the $68,293 in general and administrative costs as a result of a settlement agreement between the Companies. The accounts payable balance for general and administrative costs due to RPX was $nil as at March 31, 2016 (June 30, 2015: $24,048).
b)
The Company incurred $388,104 in mineral exploration, management and consulting fees paid or accrued directly to directors and officers or companies under their control (March 31, 2015: $478,534). The accounts payable balance for these expenditures was $nil at the end of the period (June 30, 2015: $nil).
c)
The Company incurred $nil in charges from a mining and engineering firm for which one of the Company's Director services as a senior officer and director (March 31, 2015: $1,948,323), which is included in mineral exploration expenses.
d)
The Company granted 7,900,000 stock options to directors and officers of the Company (March 31, 2015: 6,680,000). These stock options were valued at $308,092 using the Black-Scholes option pricing model (March 31, 2015: $438,035), which is included in stock-based compensation.
e)
The Company received a principal repayment of $76,450 (March 31, 2015: $nil) during the period from MacDonald Mines Exploration Ltd. (TSXV: BMK), a company related by way of common management, for an outstanding loan.
f) The accounts payable balance for a severance commitment due to a former Chief Executive Officer of the Company was $nil at the end of the period (June 31, 2015: $46,292).
8. Deferred Premium on Flow-Through Shares
The premium received by the Company for issuing flow-through shares, which are priced in excess of the market value of its common shares, is initially recognized as a financial liability. The flow-through premium liability is subsequently reduced on a pro-rata basis as eligible Canadian Exploration Expenditures ("CEEs") are incurred.
Spartex ...Severance pay...
The operative word here is " Without cause "! I asked Brent why McKinnion and Schler left ENZR and got no answer !!
Each province has a piece of legislation like the Ontario Employment Standards Act (ESA). The ESA establishes minimum standards for termination and severance pay. Further, the common law requires employers to provide employees who are terminated "without cause " with reasonable notice. In reality, what a separation package is doing is providing employees with money in lieu of reasonable notice.
spartex its a good buy if any thing comes to fruition. Somebody is very comfortable buying down here ??? HMMMMMMMMMMMM !!
Spartex.. OH... I see what your point is....A Parasite that leaks inside info ??? they all are parasites living off the hard earned money of Duped long Shareholders.
JMHO
Spartex I love it, they take a big salary , accomplish nothing for shareholders , then quit and get a million bucks as severance to retire on. Plus tens of millions of shares to sell.
I heard a rumor that there was a cause , the CRA was investigating Schler and Mc Kinnion for using "FLOW Through " money for other than it was intended for in McDonald mines.
Just a rumor , maybe someone can check that out? That's why they both left about the same time ?
IMHO
He is a BOD for ENZR and The Pres of Red Pine.
Go on ENZR's web site.
You Mean McKinnion , not Yearie ,according to the 10K's and 10Q's McKinnion got $600k as
severance last year , Plus ! I called Brent and he said it was a Law in Canada to pay severance to an Exc, I asked him what law is that via email ..he never answered me . Also Schler got 200k plus !
Probably about $1mil for both ! At a share price of say at 4c pps
That's 25 million shares of Share holders equity.
Plus the $68,000 forgiven to Red Pine that's another 1.7 million shares at .04 of Shareholders equity that added ZERO Value for ENZR Shareholders !!!!!!!!!!!!!
Someone is #ucking the Duck There !!!
IMHO
Spartex from the 10Q :
Money just keeps pouring into Mackinnon's pockets ,for doing nothing !!!
The accounts payable balance for a severance commitment due to a former Chief Executive Officer of the Company was $nil at the end of the period (June 31, 2015: $46,292).
now this!!
The Company incurred $68,293 in general and administrative costs (March 31, 2015: $74,200) from a public company related by common management, Red Pine Exploration Inc. (TSX.V: "RPX"). During the period the Company forgave the $68,293 in general and administrative costs as a result of a settlement agreement between the Companies. The accounts payable balance for general and administrative costs due to RPX was $nil as at March 31, 2016 (June 30, 2015: $24,048).
They just keep passing each other money Yearie is the president of Red Pine and a BOD of ENZR
spartex mean while they draw big salaries and load themselves up with options and shares, so that a 10 c move up will make them millionaires, without any project completion .
so what was that big cross of 10.6 million shares about from Heywood securities ????
mid-way looks like Schler crossed 10.6 million shares , or another insider did...........
Its the only thing these guys do is push paper around , options shares , etc. for themselves which is what they have done since they took over and have run it into the ground.
No revenue, nothing for us peons but losses GRRRRRRRRRRRRRR.!!
IMHO
I thought Schler was gone... and now he files as a Director HMMM?
write an email to
cscherba@energizerresources.com,
qyarie@redpineexp.com, bnykoliation@energizerresources.com,
and tell them how you feel.
The form 4 that was just filed by Schler was blank , unless I am reading it wrong.... It says the Date of last transaction was 9/1 2015. but it dosent say any amount or acquired or disposed of any stock.
HMMMMMM? anyone ?
Spartex .. Stooge is posting on Stockhouse under the EGZ symbol.
He said you can contact him there. if you would like to,
spartex, stooge dosent post on IHub and longer , yes he is still LONG ENZR.!!
spartex , I wasn't posting about you ! It was about 2 other negative posts. Your always informed and your posts always pertinent !
$5.00 here we come !!
spartex they didn't want anyone to know until Robin got his 3 million options..
I found about it from the stockhouse board'
They don't want to spend any money other than on themselves.
They pissed away a lot of money PREMATURLY traveling the world with no meat to sell.
BTW I didn't see caterpillar on the list ??
Spartex new ENZR Presentation.
look at slide 11 and 27 !!
http://www.energizerresources.com/images/stories/corporate_presentation/2016_May_EGZ_Molo_Presentation_Latest.pdf
spartex ,Of Course , now that they have all loaded up on cheap options for
themselves and leaked the name of the suitor a year ago. So that all their buddies could load up with millions of shares at sub nickel prices....
Their Greed is infinite !!!
JMHO as always
More delution another 3 million options for the VP Robin !!!!!!!
They have been recycling auto batteries for years now that's why they don't last so long any more.
ENZR is recycling management , filling up their pockets with shareholders hard earned money , Mc Kinnon and Schler get kicked out of the and get hundreds of thousands of $$$$ IN SEVERANCE PAY.
still nothing for shareholders , except losses.
Spartex I see about 430K in volume delayed . that's less than $50k
in buying.
Spartex the fact that they are applying for mining permits is a positive thing.
Don't know ..............................!!!!!!
I think I am going to need the 33 more years LOL
Graphene commercial uses.
Graphene 3D Lab Receives Approval for Next Task of R&D-Royalty Agreement with Fortune 500 Manufacturer
April 14, 2016 –Calverton, NY – Graphene 3D Lab Inc. (TSXV: GGG, OTCQB: GPHBF) ("Graphene 3D" or the "Company") is pleased to announce that it has been approved to move forward with the next task of its research, development and royalty agreement with a Fortune 500 listed manufacturer. Graphene 3D has successfully concluded the initial task of the Agreement which was originally announced in a news release dated December 1, 2015.
Elena Polyakova, Co-Chief Executive Officer said, "We are fortunate to have a world leading R&D team in the graphene and nanomaterial field. Meeting or exceeding all of a client's performance criteria is another example of how we are ideally suited to work with existing manufacturers to assist them with incorporating graphene into their products".
The Agreement encompasses the development of multi-phased deliverables over the course of approximately a year. For competitive reasons and pursuant to confidentially clauses contained with the Agreement, neither specific research objectives nor the identity of the Fortune 500 manufacturer can be publically disclosed. Upon successful completion of the research phase, and subject to approval by the U.S. Food & Drug Administration, the developed materials will become a part of a consumer retail product.
The Agreement calls for all research and development costs and royalty obligations to be paid by the partner, as well as a first-right-of-refusal for supply of any graphene related materials in future manufacturing pertaining to Intellectual Property (IP) developed under the agreement. All IP developed under the scope of the Agreement will be jointly held by both parties.
About Graphene 3D Lab, Inc.
Graphene 3D Lab, Inc. is a world leader in the development, manufacturing and marketing of proprietary composites and coatings based on graphene and other advanced materials. These diverse materials have a wide spectrum of commercial, research and military applications. The Company's wholly owned subsidiary, Graphene Laboratories Inc., currently offers over 100 graphene and related products to a client list comprised of more than 10,000 customers worldwide, including nearly every Fortune 500 tech company and major research university. Some notable clients are: NASA, Ford Motor Co., GE, Apple, Xerox, Samsung, Harvard University, IBM and Stanford University. The Company's suite of products are available online at the company's e-commerce platform Graphene Supermarket (www.graphene-supermarket.com).
The 3D printing division of the Company offers a portfolio of specialty fused filament fabrication filaments.. These materials can be purchased through multiple distribution networks worldwide or directly online at www.blackmagic3D.com. Graphene 3D also holds a new proprietary technology encompassing the preparation and separation of atomic layers of graphene. This technological breakthrough represents a new, energy efficient process to manufacture, sort and classify graphene nanoparticles resulting in the potential for large scale production of high grade graphene at lower costs than exist in today's marketplace.
The Graphene 3D facility is located in Calverton, NY and is equipped with material processing and analytical equipment. The company has six US patent applications pending for its technology. For more information on Graphene 3D Lab Inc., visit www.graphene3dlab.com.
Spartex ...K .... But, may be you should buy it now incase you don,t make it to another 33 years or I will you leave 50 bucks in my will if I don't make it.
Spartex , I plan on living another 33 years or more I hope that's
enough time . LOL
Spartex ....AMEN again !! Hopefully we will get some news about
something that will create shareholder value.
AMEN !!!!!!!!!!!!!!!!!!
Were doing fine !! IMHO
River ENZR Trade Ideas.............
http://www.trade-ideas.com/ticky/ticky.html?symbol=ENZR
River... no ,I think ENZR needs to close something that will
generate revenue. !
10% of the issued and outstanding lookup 13g.
Peter harder our Chairman of the Board !!
http://ottawacitizen.com/news/national/peter-harders-job-on-trudeau-transition-team-lauded-by-former-bureacrats
spartex , if any Institution needs to file a 13d they need to file it this week before the 15 th of Feb. if they bought more than 10% of EGZ/ENZR Stock last year.
Buffet invested $ 200 MILLION in BYD a few years ago !!