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) March 12, 2013
LITHIUM CORPORATION
(Exact name of registrant as specified in its charter)
Nevada 000-54332 98-0530295
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
113800 S. Virginia St. #2011, Reno, NV 89511
(Address of principal executive offices) (Zip Code)
(775) 410-5287
(Registrant's telephone number, including area code)
Not applicable
(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))
ITEM 1.01 ENTRY INTO MATERIAL DEFINITIVE AGREEMENT
ITEM 3.02 UNREGISTERED SALES OF EQUITY SECURITIES.
On March 15, 2013, we entered into amended and restated stock option agreements
with certain directors, officers and consultants of our company. The agreements
amend the exercise price of an aggregate of 500,000 stock options granted to
directors and officers on September 23, 2010, which were exercisable at $0.28
per share and an aggregate of 200,000 stock options granted to consultants on
May 31, 2012, which were exercisable at $0.07 per share. The stock options are
now exercisable at $0.045 per share.
On March 15, 2013, we granted an aggregate of 200,000 stock options to
consultants of our company pursuant to our 2009 Stock Plan. The stock options
are exercisable for five years from the date of grant at an exercise price of
$0.045 per share. We issued an aggregate of 200,000 stock options to two (2) US
persons, relying on Rule 506 under Regulation D and/or Section 4(2) of the
Securities Act of 1933.
ITEM 7.01 REGULATION FD DISCLOSURE
On March 12, 2013, we issued a news release announcing that we have staked
strategically located claims on our Fish Lake Valley Property in Esmeralda
County, Nevada.
Staking costs for the project are estimated at $4,831.80
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
10.1 Form of amended and restated stock option agreement.
99.1 News Release dated March 12, 2013.
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.
LITHIUM CORPORATION
/s/ Tom Lewis
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Tom Lewis
President and Director
Date: March 15, 2013
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