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: ~~January~~March 2216, 2018

(Date of earliest event reported)

U.S. PRECIOUS METALS, INC.

(Exact name of registrant as specified in its charter)

Delaware	000-50703	14-1839426
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer I.D. No.)

1825 Ponce De Leon Blvd, Ste 178

Coral Gables, Florida 33134

(Address of Principal Executive Offices)

(786) 814-5804

(Registrant's telephone number, including area code)

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)) 1

Item 85.~~01.~~02 ~~Other~~Departure ~~Events.~~of Directors or Certain Officers; Election of Directors; Appointment of Certain

~~Legal~~Officers; ~~Action~~Compensatory ~~Against~~Arrangements ~~Former~~of ~~CEO~~Certain ~~& CFO~~Officers.

OnElection ~~January~~of ~~2, 2018, U.S. Precious Metals, Inc. (“Company”) filed a legal action against the Company’s former CEO and Chairman, Gennaro “Jerry” Pane, and its former~~ CFO~~, David Cutler~~. The lawsuit against Defendants asserts multiple causes of action for conduct and practices regarding the time of their governance, and seeks damages on behalf of U.S. Precious Metals for (1) Conversion, (2) Breach of Fiduciary Duty, (3) Usurpation of Corporate Opportunity, (4) Constructive Trust, (5) Civil Conspiracy, (6) Embezzlement, (7) Negligence, (8) Fraud, (9) Unjust Enrichment, (10) Sterilization of Stock. The litigation is filed in the Circuit Court of Miami-Dade County, Florida under the caption: U.S. Precious Metals, Inc. vs. Gennaro “Jerry” Pane, David Cutler, Does 1-5 Roes 1-2, Dept 22, Case No: 18-00003 CA 01.

~~The~~On ~~Company~~March ~~designates in the Complaint that in additional to the named Defendants~~16, ~~Gerrano “Jerry” Pane and David Cutler~~2018, ~~other~~CEO ~~individuals~~John ~~may~~Leufray ~~have~~accepted ~~been involved in~~ the ~~charges~~resignation ~~claimed~~of ~~that~~Chief ~~are~~Financial ~~unknown~~Officer ~~with~~(CFO) ~~certainty~~and toBoard ~~the~~of ~~Company~~Directors atmember ~~this~~Michael ~~time~~Green, and ~~are~~immediately ~~therefore~~thereafter ~~sued~~Yesit byCampo ~~such~~was ~~fictitious~~nominated ~~names as “John Does”~~ and ~~“Jane~~elected ~~Roes.”~~as ~~The~~the Company’s ~~states in its Complaint that it reserves the right to seek leave to amend this Complaint to allege their true names and capacities as they are ascertained~~CFO.

~~Under~~Yesit ~~the~~J. ~~Complaint~~Campo ~~the~~(Age ~~Company~~55). isMr. ~~seeking~~Campo ~~damages~~serves ~~against~~the ~~Defendants~~the ~~Gennaro~~Company ~~“Jerry”~~as ~~Pane~~its ~~and~~Chief ~~David~~Financial ~~Cutler~~Officer. ~~for:~~Born ~~Temporary~~in ~~and~~Barranquilla, ~~permanent~~Colombia, ~~injunctive~~Mr. ~~relief~~Campo ~~against~~graduated ~~Defendants~~from ~~personal~~the ~~bank~~University ~~accounts~~of ~~and~~Miami ~~assets~~in ~~that~~1986 ~~can~~with bea ~~directly~~Bachelor ~~shown~~of toBusiness ~~have~~in ~~received~~Accounting. ~~funds~~He ~~from~~acquired ~~Defendant’s~~his ~~pseudo-company~~CPA ~~“USPR, INC”~~ (aCertified ~~Colorado~~Public ~~corporation~~Accountant) ~~and~~License ~~it’s~~in ~~bank~~1989 ~~account;~~and ~~Temporary~~possesses ~~asset~~more ~~freeze~~than ~~against~~30 ~~any~~years ~~and~~of ~~all~~experience. ~~assets~~At ~~that~~the ~~can~~beginning beof ~~directly~~his ~~shown~~career, tohe ~~have~~worked ~~received~~for ~~funds~~one ~~from~~on ~~Defendants’ sham company, and~~ the ~~correction~~most ofrecognizable ~~wrongly~~accounting ~~transferred~~firms orin ~~sold~~Miami, ~~equities~~“Mallah, ~~including~~Furman ~~but~~& ~~not~~Company,” ~~limited~~for toapproximately ~~wrongful~~5 ~~loan~~years ~~documents~~ and ~~convertible~~then ~~equity~~opened ~~notes~~his ~~passed~~own ~~along~~firm ~~to earnest shareholders intending to invest~~ in U1989.S. ~~Precious~~In ~~Metals~~2008, ~~but~~he ~~were~~became ~~told~~a toPartner ~~direct~~at ~~their funds to pseudo-name companies~~Ocariz, ~~such~~Gitlin as& ~~USPR,~~Zomerfeld ~~INC; Compensatory~~ and ~~punitive~~since ~~damages~~2009, ofhe anhas ~~amount~~been toa bePartner ~~proven~~ at ~~trial~~BizCPAS, ~~but~~which ~~not~~presently ~~less~~has ~~than~~2 ~~$750,000.00;~~branches ~~Pre-judgment and post-judgment interest at the maximum rate permitted by law; An award of Plaintiff’s costs and reasonable attorneys’ fees incurred~~ in ~~this action, and; Other relief as~~ the ~~court~~Doral ~~deems proper~~area.

UMr.S. ~~Precious~~Campo’s ~~Metals~~experience is in individual, ~~under~~corporate ~~its~~and ~~new~~international ~~executive~~income ~~officer~~tax returns, isIRS ~~committed~~audit toclient ~~pursue~~representative, ~~any~~tax planning and ~~all wrongdoers~~consulting, ~~regardless~~and ofcorporate ~~their~~audits. ~~prior~~Mr. ~~status~~Campo oris ~~affiliation~~also ~~with~~an ~~the~~active ~~company~~member of various organizations like FICPA, ~~who~~AICPA, ~~are~~Doral ~~suspected~~Chamber orof ~~connected~~Commerce, ~~with~~and the ~~wrongful,~~Colombian ~~wasteful,~~Chamber ~~unauthorized~~of Commerce. He also assists and contributes to not-for-profit entities like Mision Child, ~~clandestine~~The orCasimiro ~~illicit~~Global ~~use~~Foundation, ofhis ~~shareholder~~local ~~funds~~church, and others.

SIGNATURE

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.

US PRECIOUS METALS, INC.

(Registrant)

/s/ JOHN LEUFRAY

John Leufray

Chief Executive Officer

Date: ~~January~~March 2220, 2018

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