4//SEC Filing
Guill Ronald W 4
Accession 0000912282-08-001810
CIK 0001288750other
Filed
Dec 23, 7:00 PM ET
Accepted
Dec 24, 1:08 PM ET
Size
7.6 KB
Accession
0000912282-08-001810
Insider Transaction Report
Form 4
Guill Ronald W
Director10% Owner
Transactions
- Other
Common Stock
2008-12-01$0.90/sh+5,555,556$5,000,000→ 5,556,556 total - Purchase
Convertible Promissory Note
2008-12-01+3,333,333→ 3,333,333 total(indirect: By LLC)Exp: 2010-10-31→ Common Stock (3,333,333 underlying)
Footnotes (2)
- [F1]The reporting person was issued a convertible promissory note for $5,000,000, automatically convertible into 5,555,556 common shares of the issuer at a price of $0.90 per share, provided that NYSE Alternext approval is obtained and all other contingencies for issuance of the stock are received and the stock is converted on or before December 31, 2008.
- [F2]The reporting person is the sole owner of Small Mine Development, LLC, the holder of a convertible note in the amount of $5,000,000, which can be converted into 3,333,333 common shares of the issuer at a price of $1.50 per share, through October 31, 2010.
Documents
Issuer
Timberline Resources Corp
CIK 0001288750
Entity typeother
Related Parties
1- filerCIK 0001421221
Filing Metadata
- Form type
- 4
- Filed
- Dec 23, 7:00 PM ET
- Accepted
- Dec 24, 1:08 PM ET
- Size
- 7.6 KB