PHI GROUP, INC. (OTCMKTS:PHIL) Files An 8-K Completion of Acquisition or Disposition of AssetsITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.
On September 29, 2017 PHI Group, Inc. and its wholly-owned subsidiary American Pacific Resources, Inc. (the “Company”) entered into a Closing Memorandum for the Agreement of Purchase and Sale by and between the Company and Rush Gold Royalty, Inc., a Wyoming corporation, to be effective October 3, 2017.
On November 1, 2017, PHI Group, Inc., American Pacific Resources, Inc. and Rush Gold Royalty, Inc. signed an “Amendment to Schedule 6 of the Agreement of Purchase and Sale dated September 2, 2017 among PHI Group, Inc., American Pacific Resources, Inc. and Rush Gold Royalty, Inc.”, which is qualified in its entirety by reference to the full text of said Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K/A and incorporated herein by reference.
Effectively November 13, 2017, Brenda J. Percy, County Clerk for Grant County, Oregon, certified that the mining claims shown in Exhibit 10.2 herewith were recorded in the Grant County Clerk’s Records for the benefits of American Pacific Resources, Inc.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PHI GROUP INC Exhibit…To view the full exhibit click here
About PHI GROUP, INC. (OTCMKTS:PHIL)
PHI Group, Inc. is engaged in mergers and acquisitions. The Company focuses on acquiring operating businesses in selective industries and invests in various ventures that may create long-term value for its shareholders. In addition, the Company also provides corporate finance services, including merger and acquisition advisory and consulting services for client companies through its subsidiary, PHI Capital Holdings, Inc. The Company’s business involves acquisitions of energy assets, as well as production and trading of energy commodities. The Company will continue to pursue its merger and acquisition program by acquiring all or controlling interests in target companies in various industries, including but not limited to conventional energy, renewables, natural resources, agribusiness, technology, transportation, education, distribution, mining, oil and gas, financial Services, healthcare and pharmaceuticals.