Attached files
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EX-10.2 - EXHIBIT 10.2 - Coronus Solar Inc. | exhibit10-2.htm |
EX-99.1 - EXHIBIT 99.1 - Coronus Solar Inc. | exhibit99-1.htm |
EX-10.1 - EXHIBIT 10.1 - Coronus Solar Inc. | exhibit10-1.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)
November 5, 2013 (November 4, 2013)
CORONUS SOLAR INC.
(Exact name of registrant as specified in its charter)
British Columbia, Canada
(State or other
jurisdiction of incorporation)
000-53697
(Commission File No.)
98-1090431
(I.R.S. Employer Identification
No.)
1100-1200 West 73rd Avenue
Vancouver, British
Columbia
Canada V6P 6G5
(Address of
principal executive offices and Zip Code)
604-267-7078
(Registrants telephone
number, including area code)
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 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))
ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENTS.
As reported in our Form 8-K filed with the SEC on September 30, 2013, effective September 1, 2013, we engaged Earthlight Solar Inc. (Earthlight) as a consultant (the Earthlight Engagement), with Earthlight providing us with advisory and consulting services (the Earthlight Services) in respect of our solar photovoltaic (PV) business. Under the Earthlight Engagement, we were to pay Earthlight CAD$10,000 per month for the Earthlight Services. Mark Burgert, a control person of us, is the president and a control person of Earthlight. We report today, effective November 4, 2013, we amended the Earthlight Engagement (the Amended Earthlight Engagement). Under the Amended Earthlight Engagement, we are to pay Earthlight CAD $10,000 per month for the Earthlight Services, and will do so up to November 30, 2013. Additionally, effective December 1, 2013, we are to pay Earthlight 10% of the cash value received on the Redwood Debenture, in return for Earthlight performing those certain development services in respect of the twelve anticipated, utility-scale, solar PV projects under the Share Purchase and Development Services Agreement, the closing of which we reported in our Form 8-K filed with the SEC on September 30, 2013.
As reported in our Form 8-K filed with the SEC on September 30, 2013, effective September 1, 2013, we engaged RenewTrek Solar Inc. (RenewTrek) as a consultant (the RenewTrek Engagement), with RenewTrek providing us with advisory and consulting services (the RenewTrek Services) in respect of our solar PV business. Under the RenewTrek Engagement, we were to pay RenewTrek CAD$10,000 per month for the RenewTrek Services. Jeff Thachuk, our president, principal executive officer, secretary, treasurer, principal financial officer, principal accounting officer, and a member of our board of directors, is the president and a control person of RenewTrek. We report today, effective November 4, 2013, we amended the RenewTrek Engagement (the Amended RenewTrek Engagement). Under the Amended RenewTrek Engagement, we are to pay RenewTrek CAD $10,000 per month for the RenewTrek Services, and will do so up to November 30, 2013. Additionally, effective December 1, 2013, we are to pay RenewTrek 10% of the cash value received on the Redwood Debenture, in return for RenewTrek performing those certain development services in respect of the twelve anticipated, utility-scale, solar PV projects under the Share Purchase and Development Services Agreement, the closing of which we reported in our Form 8-K filed with the SEC on September 30, 2013. As a director of our company, Mr. Thachuk declared his interest in the transaction and abstained from voting on the approval of the Amended RenewTrek Engagement.
ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION.
As disclosed above under Item 1.01, effective September 1, 2013, under the Amended Earthlight Engagement, we are to pay Earthlight CAD $10,000 per month for the Earthlight Services, and will do so up to November 30, 2013. Additionally, effective December 1, 2013, we are to pay Earthlight 10% of the cash value received on the Redwood Debenture, in return for Earthlight performing those certain development services in respect of the twelve anticipated, utility-scale, solar PV projects under the Share Purchase and Development Services Agreement.
As disclosed above under Item 1.01, effective September 1, 2013, under the Amended RenewTrek Engagement, we are to pay RenewTrek CAD $10,000 per month for the RenewTrek Services, and will do so up to November 30, 2013. Additionally, effective December 1, 2013, we are to pay RenewTrek 10% of the cash value received on the Redwood Debenture, in return for RenewTrek performing those certain development services in respect of the twelve anticipated, utility-scale, solar PV projects under the Share Purchase and Development Services Agreement.
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ITEM 7.01 REGULATION FD DISCLOSURE.
As disclosed above under Item 1.01, we announced today our entry into the Amended Earthlight Engagement and our entry into the Amended RenewTrek Engagement, inclusive of the financial obligations in relation thereto.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits | Document Description |
10.1 | Amended Consulting Services Agreement EarthLight. |
10.2 | Amended Consulting Services Agreement RenewTrek. |
99.1 | Press release. |
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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.
Dated this 5th day of November, 2013.
CORONUS SOLAR INC.
BY: | JEFFERSON THACHUK | |
Jefferson Thachuk | ||
President, Principal Executive Officer, Principal | ||
Accounting Officer, Principal Financial Officer, | ||
Secretary, Treasurer and a member of the Board of | ||
Directors |
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