Business Context and Reporting Period
This Form 8-K is a current report filed by Oroplata Resources, Inc. (not American Battery Technology Co) on August 11, 2017, regarding events occurring on August 7, 2017. The company is a Nevada corporation engaged in an aggressive exploration program progressing toward the development of its primary project.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance changes.
Material Changes
On August 7, 2017, the Board of Directors appointed Douglas Cole to the following roles, effective immediately:
- Chief Executive Officer
- Chief Financial Officer
- Chairman of the Board
Mr. Cole previously served as a director and secretary of the Company. The Board cited his financial expertise and extensive management experience as the rationale for the appointment.
Management Commentary and Outlook
Management indicated that Mr. Cole's appointment is intended to support the Company as it completes its exploration program and advances toward project development. Mr. Cole brings extensive experience in global M&A and distributions, having served as CEO of multiple public corporations and as a partner at Objective Equity LLC since 2005.
Investor Verification Checklist
- Verify the correct registrant name is Oroplata Resources, Inc., not American Battery Technology Co.
- Confirm Douglas Cole's new titles as CEO, CFO, and Chairman.
- Review Mr. Cole's prior executive history, including roles at HealthSoft, NetAmerica, and Objective Equity LLC.
- Note that no financial performance data is included in this specific filing.