UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

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Date of Report (Date of earliest event reported): May 1, 2015

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GREENHUNTER RESOURCES, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation)

001-33893

(Commission File Number)

20-4864036

(IRS Employer Identification No.)

 

 

1048 Texan Trail

GRAPEVINE, TEXAS

(Address of principal executive offices)

76051

(Zip Code)

 

Registrant’s telephone number, including area code: (972) 410-1044

___________

 

Not applicable

(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))

 

  



 
 

 

 

Item 1.01

Entry into a Material Definitive Agreement.

Item 2.03

Creation of Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

 

As previously reported, the Company entered into a Note Purchase Agreement, dated as of April 14, 2015 (the “Agreement”), with certain purchasers and BAM Administrative Services LLC, a Delaware limited liability company, as agent for each Purchaser. Pursuant to the Agreement, the Company agreed to sell senior secured term notes (the “Notes”) in the aggregate amount of up to $16 million (the “Financing”).

 

On May 1, 2015, the Company closed on the sale of $13,000,000 of the Notes as the first tranche of the Financing and received such funds on May 1, 2015.

 

Please see the Company’s Current Report on Form 8-K, dated April 16, 2015 for more information about the Agreement and the Notes.

 

SIGNATURE

 

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.

 

 

GREENHUNTER RESOURCES, INC.

 

 

 

 

 

 

 

 

 

Date: May 1, 2015

By:

/s/ Morgan F. Johnston

 

 

 

Sr. Vice President, General Counsel

 

 

 

and Secretary