Replies to post #6866 on GOLDEN PHOENIX MINERALS (GPXM)

[Captain Black Bob Blanco]

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.

[Captain Black Bob Blanco]

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
[phone]
(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.