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): January 8, 2014


Pacific Gold Corp.

(Exact name of registrant as specified in its charter)


Nevada

 

000- 32629

 

98-0408708

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)


848 N. Rainbow Blvd. #2987

Las Vegas, Nevada 89107

 

89107

(Address of principal executive offices)

 

(Zip Code)


Registrant’s telephone number, including area code:  416-214-1483


(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 Instructions A.2. below):


o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))







Item 1.01 Entry into a Material Definitive Agreement


On January 8, 2014, and amended on January 30th, Nevada Rae Gold, Inc. (the “Company”), a subsidiary of Pacific Gold Corp. signed a sub-lease for ten mining claims held by the Company under a lease, to permit exploration and mining for barite. The lease is for a period of 8 years. The lease, as amended, provides that the Company will receive an initial payment of $40,000, advance annual payments of $20,000 per year and provides for royalty payments to the Company of $2.00 per yard of processed barite. The rights under the lease exclude any recovery of gold mineralizations. The lease requires the lease holder to provide bonding and other regulatory deposits in respect of its mining activities to satisfy state and federal requirements and indemnification of the Company for breaches of the lease. The lease is subject to the over-lease held by the Company, and the Company is required to pay the holder of the over-lease $10,000 per year plus $0.50 per yard of barite processed.


There are issued and outstanding 293,863,486 shares of common stock as of February 5, 2013.




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.



 

PACIFIC GOLD CORP.

 

 

 

 

 

 

 

 

 

Date:  February 5, 2014

By:

 /s/ Robert Landau

 

 

 

Name:  Robert Landau

 

 

 

Title:  Chief Executive Officer