Firma Holdings Corp. (FRMA)

[Sam Dan]

FOUND TRGD FILING- TARM POBABLY COMING AS WELL

TARA GOLD 10q FOR IST QUARTER 2012.
http://secfilings.com/searchresultswide.aspx?link=1&filingid=8614934

NO DILUTION OF SHARES OF TRGD. NOT MUCH CHANGE IN MATERIAL FACTS FOR TRGD.
As of March 31, 2012, Tara Gold owned approximately 53% of the outstanding common stock of Tara Minerals.

SOME NEWS RE TARM
"In March 2012, Tara Minerals sold 594,000 units in a private offering for $297,000 in cash, or $0.50 per unit. Each unit consisted of one share of Tara Minerals’ common stock, which have not been issued and are recorded as common stock payable, and one warrant. Each warrant entitles the holder to purchase one share of Tara Minerals’ common stock at a price of $1.00 per share at or any time before December 31, 2012. The shares and warrants were issued in April 2012."
"Mina El Champinon Iron Ore Project

In September 2011, the Company leased the Mina El Champinon Iron Ore Project (“Champinon”) for royalty payments based on production which gives the Company the right to mine the project for a period of 10 years with an automatic renewal clause.

Tara Minerals will semi-annually pay the concession owner a royalty of $5, plus any value-added tax, for each tonne of material sold with a minimum of $300,000 in royalty payments every 6 months. The concession owner has been paid $235,345 and $175,000, plus value-added taxes at March 31, 2012 and December 31, 2011, respectively (see Note 3), and will be advanced funds, against the minimum royalty, on a monthly basis. The concession owner granted the Company additional time to pay the remaining $64,655 towards the $300,000 minimum semi-annual royalty advance. "