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EX-10.3 - EXHIBIT 10.3 - GLOBAL GOLD CORPex10-3.htm

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 OF 1934
 
Date of Report (Date of earliest event reported) March 29, 2012
 
Global Gold Corporation
 
(Exact name of registrant as specified in its charter)
 
Delaware
02-69494
13-3025550
(State or other jurisdiction
(Commission
(IRS
of incorporation)
File Number)
Identification No.)
 
555 Theodore Fremd Avenue, Rye, NY
10580
(Address of principal executive offices)
(Zip Code)
 
Registrant's telephone number, including area code (914) 925-0020
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
[  ] 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 133-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 
 
Item 8.01 Other Events

On March 29, 2012, Global Gold received a favorable ruling in its arbitration proceeding in New York with Caldera Resources, Inc (“Caldera”). The arbitrator issued a Partial Final Award which orders the Marjan Property in Armenia to revert to Global Gold Mining, LLC, a wholly owned subsidiary of Global Gold (“GGM”), within thirty (30) days, all as further described in Exhibit 10.3 below. The ruling also recognizes the February 8, 2012 decisions by the Armenian Court of Cassation which was reported on Form 8-K filed on February 28, 2012.



Item 9.01 Exhibits
 
 
Exhibit No.
Description
     
 
10.3
Partial Final Award issued by arbitrator on March 29, 2012 in arbitration between Global Gold Corporation and Caldera Resources, Inc.
              
 
 

 
 
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.
 
Dated: March 30, 2012
Global Gold Corporation
 
       
 
By:
/s/ Van Z. Krikorian
 
 
Name:
Van Z. Krikorian
 
 
Title:
Chairman & Chief
 
   
Executive Officer