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Thursday, March 27, 2014 11:34:34 PM
Mar 27, 2014 (Al Bawaba Business via COMTEX) -- SEC-907322WASHINGTON, March 26 -- Duke Mountain Resources Inc., Riverside, Calif., files Form 8-K (current report) with Securities and Exchange Commission on March 25.
State or other jurisdiction of incorporation: Nevada
SECTION 1 - Registrant's Business and Operations
Entry into a Material Definitive Agreement.
On March 19, 2014, Duke Mountain Resources, Inc. (the "Company") entered into a promissory note in the principal amount of $27,000 (the "Promissory Note") with Kalen Capital Corporation, a corporation organized under the laws of British Columbia, Canada. The Promissory Note accrues interest at an annual rate of 7%, is due on March 19, 2016 and may be prepaid by the Company without penalty.
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