Current Report Filing (8-k)
June 06 2023 - 3:41PM
Edgar (US Regulatory)
0001575858
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2023-06-05
2023-06-05
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): June 5, 2023
PUREBASE
CORPORATION
(Exact
Name of Registrant as Specified in its Charter)
| Nevada |
|
000-55517 |
|
27-2060863 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification
No.) |
8631
State Hwy. 124
Ione,
CA 95640
(Address
of principal executive offices)
Registrant’s
telephone number, including area code: (209) 274-9143
(Former
address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(g) of the Exchange Act:
Title
of Each Class |
|
Trading
Symbol |
|
Name
of each exchange on which registered |
| None |
|
N/A |
|
N/A |
Indicate
by check mark if the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of
this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item
7.01 | Regulation
FD Disclosure |
On
June 5, 2023, Purebase Corporation issued a press release regarding the proposed construction of its Phase 1 calciner operations. A copy
of the press release is attached as Exhibit 99.1 to this report and incorporated herein by reference.
The
information contained in this Item 7.01 of this Current Report on Form 8-K is being furnished and shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject
to the liabilities of that Section, nor shall such information be deemed incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
As
previously disclosed, the Company has been developing and testing a kaolin-based product that it believes will help create a lower CO2-emitting
concrete through the use of high-quality supplementary cementitious materials (“SCMs”). The Company has been developing an
SCM for the construction material markets, particularly the cement markets that it believes can potentially replace up to 40% of cement,
the most polluting part of concrete. As government agencies, and California in particular, continue to enact stricter requirements for
less-polluting forms of concrete, the Company believes there are significant opportunities for high-quality SCM products in the construction
materials sector.
SCM’s
are added to concrete mixtures for various reasons including improving durability, decreasing permeability, and improving the overall
hardened properties of concrete. But one of the most important properties of an SCM is its ability to help reduce carbon emissions from
the manufacturing of cement. One of the carbon-emissions-reducing SCMs is known as metakaolin which is considered by many construction
industry experts to be a key component in the mix design of a “Green cement”. The Company currently has access to kaolin
clays and is constructing a small scale (Phase 1) “calciner” which will allow the Company to process such kaolin clays into
“metakaolin” which becomes an SCM which that can be added to commercial cement production.
Reduction
of carbon emissions from the manufacturing of cement has become a high priority for the federal government and many states such as California
to address this goal to reduce carbon emissions, California passed Senate Bill (SB) 596 in September 2021. California SB596 requires
the California Air Resources Board (CARB) by July 1, 2023, to develop a comprehensive plan to reduce greenhouse gas emission from the
cement sector. The Company believes it could potentially be well positioned to participate in achieving California’s emission reducing
goals by providing its metakaolin-based SCM to commercial cement producers particularly those located in and around California.
| Item
9.01 |
Financial Statements and Exhibits. |
(d)
Exhibits
| Exhibit
No. |
|
Description |
| |
|
|
| 99.1 |
|
Press Release, dated June 5, 2023 |
| 104 |
|
Cover Page Interactive Data File (Embedded within the Inline XBRL document and included in Exhibit) |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| Date:
June 6, 2023 |
PUREBASE
CORPORATION |
| |
|
|
| |
By: |
/s/
A. Scott Dockter |
| |
|
A.
Scott Dockter |
| |
|
Chief
Executive Officer |
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