Filing Details

Accession Number:
0001615774-19-005175
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-04-01 17:29:37
Reporting Period:
2019-03-29
Accepted Time:
2019-04-01 17:29:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
773717 Standard Metals Processing Inc. SMPR Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400) 840991764
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1628965 Pure Path Capital Management Company, Llc 1603 Capitol Street,
Suite 301 A541
Cheyenne WY 82001
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2019-03-29 23,400,000 $0.00 0 Yes 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
Yes 4 S Direct
Footnotes
  1. Shares transferred by the reporting person in an exchange transaction with Granite Peak Resources, LLC.
  2. The Reporting Person exchanged the shares for a pro-rata equity interest in Granite Peak Resources LLC ("GPR"). The shares are valued at the time of exchange on 3/29/19 as the fair market value ("FMV") as the closing trading price on the previous date ($0.0495) and such equity interest in Granite Peak Resources LLC is valued as the FMV of the Standard Metals Processing, Inc. (the "Company") shares. The Reporting Person will no longer directly own any shares of the Company's common stock but will hold an interest in GPR which owns a majority interest in the outstanding shares of common stock of the Company.