UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act 1934
Date of Report (date of earliest event reported): January 10, 2012
PRESS VENTURES, INC.
(Exact name of registrant as specified in charter)
Nevada | 333-171209 | 39-2077493 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
1733 First Avenue NW
Calgary, Alberta, Canada T2N 0B2
(Address of principal executive offices)
403-648-2720
(Issuer's Telephone Number)
Copies to:
Kristen A. Baracy, Esq.
Synergy Law Group, LLC
730 West Randolph Street, Suite 600
Chicago, IL 60661
Phone: 312-454-0015 - Fax: 312-454-0261
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
PRESS VENTURES, INC.
Current Report on Form 8-K
January 10, 2012
Item 8.01 Other Events
On December 16, 2010, Press Ventures, Inc. (the Company) filed a Registration Statement on Form S-1 (the Registration Statement) for the registration of 2,800,000 shares of its common stock at $0.01 per share under which the Company sought to raise $28,000. The U.S. Securities and Exchange Commission declared the Registration Statement effective on October 31, 2011.
On January 10, 2012, the Company closed the offering upon receipt of subscriptions for 2,800,000 shares of its common stock with gross proceeds to the Company of $28,000.
Following the Closing of the Offering, the Company has 29 shareholders with a total of 8,300,000 shares of common stock outstanding, of which 2,800,000 (33.73%) are held by the investors in the Offering and 5,500,000 (66.27%) are held by Caroline Johnston, our founder who serves as our President and sole director.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PRESS VENTURES, INC. |
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February 24, 2012 | By /s/ Caroline Johnston |
| Name: Caroline Johnston |
| Title: President and CEO |
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