UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED: September 16, 2014
DNA PRECIOUS METALS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
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Nevada
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333-178624
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37-1640902
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(STATE OR OTHER
JURISDICTION OF
INCORPORATION OR
ORGANIZATION)
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(COMMISSION FILE NO.)
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(IRS EMPLOYEE
IDENTIFICATION NO.)
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9125 rue Pascal Gagnon, Suite 204
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Saint Leonard, Quebec, Canada
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H1P 1Z4
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
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(514)852-2111
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(ISSUER TELEPHONE NUMBER)
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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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):
o Written communications pursuant to Rule 425 under the Securities Act
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Section1- Registrant’s Business and Operations
Item1.02 Termination of a Material Definitive Agreement
On September 15, 2014 we terminated for cause the Asset Purchase Agreement (the “Agreement”) entered into July 14, 2014 with Lynx Mining LLC, a Texas limited liability company (“Lynx”). (The July 14, 2014 Asset Purchase Agreement was previously filed as an exhibit to our Form 8-k as filed with the Securities and Exchange Commission on August 4, 2014.
The intellectual property rights transferred to DNA Crypto, Inc. and the services provided by Lynx to implement the Company’s business plan were deficient.
We are seeking the return of $11,000 previously advanced to Lynx.
The termination did not result in any penalties.
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.
Date: September 17, 2014
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DNA Precious Metals, Inc.
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By:
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/s/ James Chandik
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James Chandik
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President and Chief Executive
Officer
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