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 30, 2008
HuntMountain
Resources Ltd.
(Exact
Name of Registrant as Specified in its Charter)
Washington
|
001-01428
|
68-0612191
|
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification No.)
|
1611
N. Molter Road, Ste. 201, Liberty Lake, WA
|
99019
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant's
telephone number, including area code: (509)
892-5287
(Former
Name or Former Address if Changed Since Last Report)
Check the
appropriate box below if the Form 8K fining 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
(17CFR230.425)
¨ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17CFR
240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
¨ Pre-commencement
communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
SEC
873 (6-04) Potential persons who are to respond
to the collection of information contained in this form are not required to
respond unless the form displays a currently valid OMB control
number.
Item 3.02, Unregistered Sales of Equity
Securities
On July 30th, 2008 the Hunt Family Limited Partnership and
two of its limited partners converted $5,000,000 of outstanding principal from a convertible promissory
note issued by the
Company. On July 31st, 2008, the Company drew $500,000 from
an extension of the convertible promissory note. Also on July 31st, 2008, the Hunt Family Limited
Partnership subsequently converted $598,548 of outstanding principal and accrued
interest from both the convertible promissory note and the extension of the note
issued by the Company. That amount represents all outstanding
principal and interest due
under the note and
discharges the Company’s obligations thereunder. A total of 20,394,192 Units of common stock were issued
pursuant to the conversion
as per the terms set forth in the Company’s Form 8K filing on November 13, 2007. The Units were issued pursuant
to a Section 4(2) exemption from registration under the Securities Act of 1933,
as amended. There were no underwriting fees or commissions paid, directly or
indirectly, in connection with the conversion of the promissory
note.
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.
Dated
July 31, 2008
HUNTMOUNTAIN
RESOURCES LTD.
By
|
/s/ Bryn Harman
|
|
|
Bryn
Harman, Chief Financial Officer
|
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