Dakota Gold Corp. Files 8-K for Material Agreement

Ticker: DC · Form: 8-K · Filed: Feb 6, 2025 · CIK: 1852353

Dakota Gold Corp. 8-K Filing Summary
FieldDetail
CompanyDakota Gold Corp. (DC)
Form Type8-K
Filed DateFeb 6, 2025
Risk Levelmedium
Pages4
Reading Time4 min
Key Dollar Amounts$0.001, $2.08, $170,000, $340,000
Sentimentneutral

Sentiment: neutral

Topics: material-agreement, filing, mining

TL;DR

Dakota Gold Corp. filed an 8-K on Feb 6 for a material agreement signed Feb 3.

AI Summary

Dakota Gold Corp. announced on February 6, 2025, that on February 3, 2025, they entered into a material definitive agreement. The filing also includes information regarding Regulation FD disclosure and other events, along with financial statements and exhibits. The company, formerly known as JR Resources Corp., is incorporated in Delaware and operates in the Metal Mining industry.

Why It Matters

This 8-K filing indicates a significant development for Dakota Gold Corp., potentially involving a new contract or partnership that could impact its operations and future financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, and the specifics of this agreement are not detailed in the provided filing excerpt, requiring further investigation.

Key Numbers

  • 001-41349 — SEC File Number (Identifier for Dakota Gold Corp.'s filings)
  • 85-3475290 — IRS Number (Tax identification number for Dakota Gold Corp.)

Key Players & Entities

  • Dakota Gold Corp. (company) — Registrant
  • JR Resources Corp. (company) — Former company name
  • February 6, 2025 (date) — Filing date
  • February 3, 2025 (date) — Date of earliest event reported
  • Delaware (jurisdiction) — State of incorporation
  • METAL MINING (industry) — Standard Industrial Classification

FAQ

What is the nature of the material definitive agreement entered into by Dakota Gold Corp. on February 3, 2025?

The provided excerpt of the 8-K filing does not specify the details of the material definitive agreement, only that one was entered into on February 3, 2025.

What was Dakota Gold Corp. formerly known as?

Dakota Gold Corp. was formerly known as JR Resources Corp., with a name change date of March 19, 2021.

In which state is Dakota Gold Corp. incorporated?

Dakota Gold Corp. is incorporated in Delaware.

What is Dakota Gold Corp.'s Standard Industrial Classification (SIC) code?

Dakota Gold Corp.'s SIC code is METAL MINING [1000].

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted to the SEC on February 6, 2025.

Filing Stats: 1,057 words · 4 min read · ~4 pages · Grade level 10.5 · Accepted 2025-02-06 16:45:47

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 DC.WS NYSE American LLC Indicate
  • $170,000 — nt, DTRC will provide a cash payment of $170,000 to HMCC on each of March 1, 2026, March
  • $340,000 — nt, DTRC will provide a cash payment of $340,000 to HMCC on each of March 1, 2026, March

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. Second Amendment Agreement On February 3, 2025, Dakota Gold Corp. (the "Company") and DTRC LLC, a wholly owned subsidiary of the Company ("DTRC"), entered into a second amendment (the "Second Amendment Agreement") to the option agreement for the purchase and sale of real property dated October 14, 2021, as amended on September 8, 2022 (the "Richmond Hill Option Agreement"), to acquire LAC Minerals (USA) LLC and Homestake Mining Company of California's ("HMCC") Richmond Hill Property in the Homestake District, South Dakota. Under the terms of the Second Amendment Agreement, the term of the LAC Option Agreement was extended from March 7, 2026 to December 31, 2028. As consideration for the Second Amendment Agreement, DTRC will provide a cash payment of $170,000 to HMCC on each of March 1, 2026, March 1, 2027 and March 1, 2028. The foregoing description of the Second Amendment Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Amendment Agreement, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference. Third Amendment Agreement On February 3, 2025, DTRC entered into a third amendment (the "Third Amendment Agreement") to the option agreement for the purchase and sale of real property dated September 7, 2021, as amended on September 30, 2021 and November 20, 2023 (the "Homestake Option Agreement"), to acquire certain of Homestake Mining Company of California's surface rights and residual facilities in the Homestake District in South Dakota. Under the terms of the Third Amendment Agreement, the term of the Homestake Option Agreement was extended from March 7, 2026 to December 31, 2028. As consideration for the Third Amendment Agreement, DTRC will provide a cash payment of $340,000 to HMCC on each of March 1, 2026, March 1, 2027 and March 1, 2028. The foregoing description of the Third Amendment Agreement does

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On February 6, 2025, the Company issued a press release announcing (i) the Second Amendment Agreement, (ii) the Third Amendment Agreement and (iii) the results and publication of an updated and revised S-K 1300 Initial Assessment and Technical Report Summary for the Company's Richmond Hill Gold Project (the "2025 Initial Assessment"). The 2025 Initial Assessment, dated February 3, 2025 was prepared in accordance with Subpart 1300 of Regulation S-K. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1. In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in the press release is deemed to be "furnished" and shall not be deemed to be "filed" for purposes of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01. Other Events

Item 8.01. Other Events. A copy of the Initial Assessment is attached as Exhibit 96.1 to this Current Report on Form 8-K.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Second Amendment to Option Agreement for Purchase and Sale of Real Property dated February 3, 2025 between Homestake Mining Company of California, LAC Minerals (USA) LLC, Dakota Gold Corp. and DTRC LLC. 10.2 Third Amendment to Option Agreement for Purchase and Sale of Real Property dated February 3, 2025 between Homestake Mining Company of California and DTRC LLC. 23.1 Consent of Qualified Person – Independent Mining Consultants, Inc. 23.2 Consent of Qualified Person – Woods Process Service, LLC 96.1 S-K 1300 Initial Assessment and Technical Report Summary for Richmond Hill Gold Project. 99.1 Press Release dated February 6, 2025. 104 Cover Page Interactive Data File (formatted in Inline XBRL and included as Exhibit 101). 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: February 6, 2025

View Full Filing

View this 8-K filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.