Current Report Filing (8-k)
February 07 2017 - 5:04AM
Edgar (US Regulatory)
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
February 6, 2017
Date of Report (Date
of earliest event reported)
ROYAL MINES AND MINERALS
CORP.
(Exact name of registrant as specified in its
charter)
NEVADA
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000-52391
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20-4178322
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(State or other jurisdiction of
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(Commission File
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(IRS Employer Identification No.)
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incorporation)
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Number)
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2580 Anthem Village Dr.
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Henderson, NV
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89052
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(Address of principal executive offices)
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(Zip Code)
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(702) 588-5973
Registrant's telephone number, including area code
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:
____
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Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
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____
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Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
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____
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Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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____
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Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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SECTION 5 CORPORATE GOVERNANCE AND MANAGEMENT
ITEM 5.02
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DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS;
COMPENSATORY ARRANGEMENTS OF
CERTAIN OFFICERS.
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Grant of Options to Executive Officers under the 2013 Stock
Incentive Plan
Effective February 6, 2017, Royal Mines and Minerals Corp. (the
Company) granted to its directors and officers, non-qualified stock options to
acquire an aggregate of 4,500,000 shares of the Companys common stock under the
Companys 2013 Stock Incentive Plan (the 2013 Plan). The options granted are
exercisable immediately at a price of $0.006 per share, and expire five years
after the grant date.
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Total Number of
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Shares Subject to
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Exercise Price
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Name
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Options
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Per Share
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Expiration Date
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K. Ian Matheson
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2,000,000
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$0.006
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February 6, 2022
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CEO, President and Director
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Jason S. Mitchell
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2,000,000
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$0.006
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February 6, 2022
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CFO, Treasurer, Secretary and Director
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Michael C. Boyko
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500,000
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$0.006
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February 6, 2022
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Director
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In addition to the options granted to the Company's directors
and executive officers, the Company granted options to acquire an additional
1,000,000 shares of the Companys common stock under the 2013 Plan to a director
and various consultants of the Company. See Item 8 Other Events, below.
A copy of the form of non-qualified stock option agreement
is attached as an exhibit to this Current Report on Form 8-K.
SECTION 8 OTHER EVENTS
ITEM 8.01 OTHER EVENTS.
Grant of Options Pursuant to 2013 Plan
On February 6, 2017, the Company granted non-qualified stock
options to acquire an aggregate of 5,500,000 shares of the Companys common
stock under the Companys 2013 Stock Incentive Plan (the 2013 Plan) to various
officers, directors and consultants of the Company. Each option was granted for
a five year term with an exercise price of $0.006 per share. Of the 5,500,000
granted, 4,500,000 were issued to the Company's directors and executive officers
and the remaining 1,000,000 were issued to various consultants of the
Company.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits
Exhibit
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Number
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Description of Exhibits
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10.1
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Form of Non-Qualified Option
Agreement.
(1)
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Note:
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(1) Filed as an exhibit to the Companys
Current Report on Form 8-K, filed with the SEC on November 1, 2013
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2
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.
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ROYAL MINES AND
MINERALS CORP.
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Date: February 6, 2017
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By:
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/s/
Jason S. Mitchell
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JASON S. MITCHELL
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Chief Financial Officer
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3
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