SAUER ENERGY, INC. (OTCMKTS:SENY) Files An 8-K Entry into a Material Definitive Agreement


SAUER ENERGY, INC. (OTCMKTS:SENY) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.


On May 10, 2017 the Registrant entered into two agreements, dated as of May 9, 2017, with East Six Opportunity Fund, LLC, a Delaware limited liability company (“East Six”), an Equity Purchase Agreement (the “EPA”) and a Registration Rights Agreement (the “RRA”).  The two agreements are filed as exhibits to this report and the following summary is qualified in its entirety by reference to such exhibits.


 The agreements require the Registrant to file a registration statement for the common stock underlying the EPA. Subject to various limitations set forth in the EPA, East Six, after effectiveness of such registration statement, is required to purchase up to $3,000,000 worth of the Registrant’s common stock at a price equal to 72% of the market price as determined under the EPA (during the prior ten trading days).  The EPA provides for volume limitations on the amount of shares that East Six must purchase at any time and provides that the Registrant will be paid for the common stock upon electronic delivery of the shares to East Six.  East Six is bearing the attorney fees relating to the Registration Statement and is not charging the Registrant any additional fees.  


 Any funds realized through the EPA will be used by the Registrant as working capital for its operations. 


Item 9.01 Financial Statements and Exhibits


Financial Information





10.1 Equity Purchase Agreement, dated as of May 9, 2017 between the Registrant and East Six. 


10.2 Registration Rights Agreement, dated as of May 9, 2017, between the Registrant and East Six. 





Sauer Energy, Inc. is a technology development company. The Company leases warehouse/office facilities in Camarillo, California, in which the Company develops wind power technology. The Company focuses on small business and home market. The Company is focused on manufacturing and distributing the product. The Company has developed a production prototype of a vertical axis wind turbine (VAWT). The Company has developed WindCharger VAWT. The Company is a manufacturer of the WindRider vertical axis wind turbine. The WindRider model employs the HelixWind technology. The Company’s systems can be mounted throughout the superstructure to produce continuous supplementary energy to offset fuel consumption or for emergency use. Various candidates include tankers, cruise ships, cargo ships and military vessels.

SAUER ENERGY, INC. (OTCMKTS:SENY) Recent Trading Information

SAUER ENERGY, INC. (OTCMKTS:SENY) closed its last trading session down -0.0028 at 0.0170 with 157,897 shares trading hands.