Gold Resource Corp (GORO)

[Neverhadawinner]

GORO spinoff will happen on December 31, 2020. Fortitude Gold Corp will be then an independent company. Share allocation is 1 FGC share for every 3.5 GORO shares. Filed with SEC on December 15, 2020.

At the time of the Spin-Off, GRC will distribute all of our outstanding shares of common stock held by it (21,211,260 shares) on a pro rata basis to the holders of GRC's common stock. 5:00 p.m., Mountain Time, December 28, 2020, will be the record date (the “Record Date”) and 5:00 p.m., Mountain Time, December 31, 2020, is expected to be the distribution date (the “Distribution Date”) for the Spin-Off. Each 3.5 shares of GRC's common stock held by a GRC shareholder on the record date will entitle the shareholder to one share of our common stock. The distribution of our shares will be made in book-entry form by Computershare Trust Company, GRC's Transfer Agent. Fractional shares of common stock will be distributed in connection with the Spin-Off except for shareholders who hold stock in "street name" at Depository Trust Company (since Depository Trust Company does not accept fractional shares). As of the date of this prospectus, approximately 200 shareholders hold their shares at Depository Trust Company and will receive cash in lieu of fractional shares. GRC expects to pay these shareholders $1.75 for each fractional share they would otherwise own, or approximately $350 in total. Immediately after the distribution, we will be an independent public company.