Filing Details

U.S. Precious Metals, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

91239R102

(CUSIP Number)

September 2, 2016

(Date of Event which Requires Filing of this Statement)

CUSIP No. 91239R102

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1.

NAMES OF REPORTING PERSONS UNION CAPITAL, LLC

I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

UNION CAPITAL, LLC

46-4896047

2.

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(see instructions)

(a)         .

(b)     X .

3.

SEC USE ONLY

4.

CITIZENSHIP OR PLACE OF ORGANIZATION

NEW YORK 

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5.

SOLE VOTING POWER

27,623,683* 

6.

SHARED VOTING POWER

0

7.

SOLE DISPOSITIVE POWER

27,623,683* 

8.

SHARED DISPOSITIVE POWER

0

*Consists of Common Stock that the reporting person has the right to acquire by way of conversion of a security.

9.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

27,623,683*

*Consists of Common Stock that the reporting person has the right to acquire by way of conversion of a security.

10.

CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

(see instructions)      .  

11.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

9.99% (based on the total of 279,027,106 outstanding shares of Common Stock)

12.

TYPE OF REPORTING PERSON (see instructions)

OO

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(a)

Name of Issuer

U.S. Precious Metals, Inc.

(b)

Address of Issuers Principal Executive Offices
242A West Valley Brook Road, Califon, NJ 07830

(a)

Name of Person Filing

Union Capital, LLC

(b)

Address of the Principal Office or, if none, residence

525 Norton Parkway, New Haven, CT 06511

(c)

Citizenship

New York LLC

(d)

Title of Class of Securities

Common Stock

(e)

CUSIP Number

91239R102

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

Group, in accordance with §240.13d-1(b)(1)(ii)(J).

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(a)

Amount beneficially owned: 27,623,683* 

(b)

Percent of class:  9.99%

(c)

Number of shares as to which the person has:

(i)

Sole power to vote or to direct the vote  27,623,683* 

(ii)

Shared power to vote or to direct the vote  

(iii)

Sole power to dispose or to direct the disposition of  27,623,683* 

(iv)

Shared power to dispose or to direct the disposition of  

*Consists of Common Stock that the reporting person has the right to acquire by way of conversion of a security.

(a)

The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

(b)

The following certification shall be included if the statement is filed pursuant to §240.13d-1(c):

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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