Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - Park Place Energy Corp. | exhibit99-1.htm |
| EX-10.1 - EXHIBIT 10.1 - Park Place Energy Corp. | 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) July 24, 2014
PARK PLACE ENERGY CORP.
(Exact name of registrant as specified in its charter)
| Nevada | 000-51712 | 71-0971567 |
| (State or other jurisdiction of | (Commission File Number) | (IRS Employer |
| incorporation) | Identification No.) |
| 2200 Ross Ave., Suite 4500E, Dallas, Texas | 75201 |
| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code 214-220-4340
N/A
(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:
[ ] 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))
2
Item 1.01 Entry into Material Definitive Agreement
Effective July 24, 2014, Park Place Energy Corp. (the “Company”) entered into fourteen (14) private placement subscription agreements for the sale of an aggregate of 8,990,000 shares of common stock of the Company, as more fully described in Item 3.02 of this report.
Item 3.02 Unregistered Sales of Equity Securities
Effective July 24, 2014, the Company issued an aggregate of 8,990,000 shares of its common stock pursuant to fourteen (14) of the private placement subscription agreements referred to above, at a purchase price of $0.25 per share in cash, for total proceeds of $2,247,500.00. The Company issued these securities to fourteen (14) accredited investors without general solicitation pursuant to the exemption from registration provided for under Rule 506 of Regulation D, promulgated under the United States Securities Act of 1933, as amended.
A copy of the press release regarding this sale of securities is filed as an Exhibit hereto.
Item 9.01 - Financial Statements and Exhibits
(d) Exhibits.
The following exhibits are furnished in accordance with the provisions of Item 601 of Regulation S-K:
| Exhibit | |
| Number | Description |
| 10.1* | Form of Subscription Agreement. |
| 99.1* | Park Place Press Release, dated July 30, 2014. |
| * |
Included herewith. |
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.
PARK PLACE ENERGY CORP.
| /s/ Scott C. Larsen | |
| Scott C. Larsen | |
| Chief Executive Officer and President | |
| Date: July 30, 2014 |