DAKOTA TERRITORY RESOURCE CORP (OTCMKTS:DTRC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(a)(1) Effective July 6, 2018, Richard Bachman resigned his position as President and CEO with the registrant. Mr. Bachman’s decision to resign his position was not caused by a disagreement with the registrant on any matter relating to the registrant’s operations, policies or practices.
(2) Included with this filing on Form 8-K as an exhibit is the resignation letter from Mr. Bachman, and his attestation that the registrant provided to him, prior to this filing with the Commission, a copy of this Form 8-K and the disclosures made therein, and that he agrees with the statements made by the registrant in response to Item 5.02.
(3) Effective July 6, 2018, Richard Bachman accepted the position of Chief Geological Officer of the registrant.
(4) Effective July 6, 2018, Gerald Aberle assumed the position of President and Chief Executive Officer of the registrant in addition to his position of Chief Operating Officer.
Section 9 – Financial Statements and Exhibits Item
9.01 Financial Statements and Exhibits.
EX – 17.1 Resignation Letter of Richard Bachman, dated and effective July 6, 2018.
DAKOTA TERRITORY RESOURCE CORP Exhibit…To view the full exhibit click
About DAKOTA TERRITORY RESOURCE CORP (OTCMKTS:DTRC)
Dakota Territory Resource Corp. (Dakota) is an exploration-stage company. The Company is engaged in the business of acquisition and exploration of mineral properties. The Company maintains ownership of three mineral properties located in the Black Hills of South Dakota, including the Blind Gold, City Creek and Homestake Paleoplacer Properties, all of which are located in the heart of the Homestake District and cover a total of approximately 3,060 acres. Its Blind Gold Property consists of a group of over 110 unpatented lode-mining claims covering approximately 2,020 acres. Its Homestake Paleoplacer Property consists of a total of approximately 224.4 mineral acres covering approximately 3,100 feet of the projected northward extension of the Homestake Paleoplacer Channel Trend in the western portion of Lawrence County, the United States. Its City Creek Property consists of a group of approximately 20 unpatented lode-mining claims covering approximately 390 acres.