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) July 29, 2020

 

CENTURY COBALT CORP.

(Exact name of registrant as specified in its charter)

 

Nevada

 

000-54327

 

98-0579157

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

10100 Santa Monica Blvd., Suite 300, Century City, Los Angeles, CA

 

90067

 (Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code  (310) 772-2209

 

N/A

(Former name or 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:

 

☐     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))

 

Indicate by check mark whether 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 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report.

 

On July 29, 2020, Alexander Stanbury, the Chief Financial Officer of Century Cobalt Corp. (the “Company”) determined that the Company’s financial statements and related disclosures included in the Company’s Quarterly Report on Form 10-Q/A for the nine months ended August 31, 2019, filed with the SEC on October 17, 2020 should not be relied upon. The Company did not properly report mineral properties, failed to properly classify long-term convertible notes payable and failed to report debt discount on the long-term convertible notes payable.

 

The Company has reviewed these matters with its independent auditors and is in process of restating the previously issued financial statements. The Company is working diligently to prepare and file its amended Form 10-Q for the nine months ended August 31, 2019 with the appropriate disclosure as soon as possible.  

 

 

2

 

 

SIGNATURES

 

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.

 

 

CENTURY COBALT CORP.

       

Date: August 4, 2020

By:

/s/ Alexander Stanbury

 

 

Alexander Stanbury

 
   

CEO, Principal Executive Officer

 

 

 

3

 

Century Cobalt (CE) (USOTC:CCOB)
Graphique Historique de l'Action
De Oct 2024 à Nov 2024 Plus de graphiques de la Bourse Century Cobalt (CE)
Century Cobalt (CE) (USOTC:CCOB)
Graphique Historique de l'Action
De Nov 2023 à Nov 2024 Plus de graphiques de la Bourse Century Cobalt (CE)