Dakota Gold Corp. Files 8-K
Ticker: DC · Form: 8-K · Filed: Dec 10, 2024 · CIK: 1852353
| Field | Detail |
|---|---|
| Company | Dakota Gold Corp. (DC) |
| Form Type | 8-K |
| Filed Date | Dec 10, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $2.08 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, corporate-update, metal-mining
TL;DR
Dakota Gold filed an 8-K on Dec 10, 2024. Stay updated.
AI Summary
Dakota Gold Corp. filed an 8-K on December 10, 2024, reporting on other events and financial statements. The company, formerly JR Resources Corp., is incorporated in Delaware and operates in the metal mining sector. Its principal executive offices are located in Lead, South Dakota.
Why It Matters
This filing provides an official update on Dakota Gold Corp.'s corporate activities and financial reporting, which is crucial for investors and stakeholders to stay informed about the company's status.
Risk Assessment
Risk Level: low — This is a routine SEC filing (8-K) reporting standard corporate information and events, not indicating any immediate financial distress or significant operational change.
Key Numbers
- 001-41349 — SEC File Number (Identifies the company's filing with the SEC)
- 85-3475290 — IRS Employer Identification No. (Tax identification number for the company)
Key Players & Entities
- Dakota Gold Corp. (company) — Registrant
- JR Resources Corp. (company) — Former company name
- December 10, 2024 (date) — Date of earliest event reported
- Lead, South Dakota (location) — Business address
FAQ
What is the primary business of Dakota Gold Corp.?
Dakota Gold Corp. operates in the METAL MINING sector, as indicated by its Standard Industrial Classification code.
When was Dakota Gold Corp. formerly known as?
Dakota Gold Corp. was formerly known as JR Resources Corp., with a name change effective March 19, 2021.
Where are Dakota Gold Corp.'s principal executive offices located?
The company's principal executive offices are located at 106 Glendale Drive, Suite A, Lead, South Dakota, 57754.
What is the SEC file number for Dakota Gold Corp.?
The SEC file number for Dakota Gold Corp. is 001-41349.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is December 10, 2024.
Filing Stats: 906 words · 4 min read · ~3 pages · Grade level 11.7 · Accepted 2024-12-10 17:17:27
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share DC NYSE American LLC W
- $2.08 — 's common stock at an exercise price of $2.08 per share DC.WS NYSE American LLC
Filing Documents
- tm2430329d3_8k.htm (8-K) — 37KB
- tm2430329d3_ex1-1.htm (EX-1.1) — 266KB
- tm2430329d3_ex5-1.htm (EX-5.1) — 23KB
- 0001104659-24-127272.txt ( ) — 614KB
- dc-20241210.xsd (EX-101.SCH) — 4KB
- dc-20241210_def.xml (EX-101.DEF) — 27KB
- dc-20241210_lab.xml (EX-101.LAB) — 36KB
- dc-20241210_pre.xml (EX-101.PRE) — 25KB
- tm2430329d3_8k_htm.xml (XML) — 6KB
01. Other Event s
Item 8.01. Other Event s. At-the-Market Offering On December 10, 2024, Dakota Gold Corp. (the "Company") entered into an Amended and Restated Equity Distribution Agreement (the "Distribution Agreement") with BMO Capital Markets Corp. and Canaccord Genuity LLC (collectively, the "Sales Agents"). Under the terms of the Distribution Agreement, the Company may offer and sell shares of common stock, par value $0.001 per share ("Common Stock") having an aggregate offering price of up to $ 50,000,000 , from time to time through any of the Sales Agents, acting as agent. sell all of the Common Stock so designated by the Company as sales agent subject to, and in accordance with, the information specified in a written notice from the Company. The Distribution Agreement provides that the commission payable to the Sales Agents for sales of the Common Stock with respect to which the Sales Agents act as sales agent shall be up to 3.0% of the gross offering proceeds for such Common Stock sold pursuant to the Distribution Agreement. The Distribution Agreement contains customary representations and warranties of the parties and indemnification and contribution provisions under which the Company and the Sales Agents have agreed to indemnify each other against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the "Securities Act"). Each of the Sales Agents and the Company have the right, by giving written notice as specified in the Distribution Agreement, to terminate the Distribution Agreement. The offerings will be registered under the Securities Act pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-266155) , as supplemented by a prospectus supplement dated December 10, 2024, relating to the sale of the Common Stock. The Company may sell Common Stock under this pr
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 1.1 Amended and Restated Equity Distribution Agreement, dated December 10, 2024, among Dakota Gold Corp., BMO Capital Markets Corp. and Canaccord Genuity LLC 5.1 Opinion of Skadden, Arps, Slate, Meagher & Flom LLP 23.1 Consent of Skadden, Arps, Slate, Meagher & Flom LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DAKOTA GOLD CORP. /s/ Shawn Campbell Name: Shawn Campbell Title: Chief Financial Officer Date: December 10, 2024