Filing Details
- Accession Number:
- 0001615774-19-005175
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-04-01 17:29:37
- Reporting Period:
- 2019-03-29
- Accepted Time:
- 2019-04-01 17:29:37
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
773717 | Standard Metals Processing Inc. | SMPR | Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400) | 840991764 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1628965 | Pure Path Capital Management Company, Llc | 1603 Capitol Street, Suite 301 A541 Cheyenne WY 82001 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2019-03-29 | 23,400,000 | $0.00 | 0 | Yes | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
Yes | 4 | S | Direct |
Footnotes
- Shares transferred by the reporting person in an exchange transaction with Granite Peak Resources, LLC.
- The Reporting Person exchanged the shares for a pro-rata equity interest in Granite Peak Resources LLC ("GPR"). The shares are valued at the time of exchange on 3/29/19 as the fair market value ("FMV") as the closing trading price on the previous date ($0.0495) and such equity interest in Granite Peak Resources LLC is valued as the FMV of the Standard Metals Processing, Inc. (the "Company") shares. The Reporting Person will no longer directly own any shares of the Company's common stock but will hold an interest in GPR which owns a majority interest in the outstanding shares of common stock of the Company.