secwatch.observer — SEC 8-K summary
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Issuer:     Dakota Gold Corp. (DC)
CIK:        0001852353
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001062993-24-018127
Event type: leadership
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dakota Gold CEO Jonathan Awde resigns; Robert Quartermain appointed as President and CEO
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- Jonathan Awde resigned as President, CEO, and director effective October 30, 2024; Quartermain, largest individual shareholder, appointed immediately.
- Quartermain serves as Interim CEO without cash compensation; Stephen O'Rourke named Managing Director with $236k annual cash compensation.
- Separation agreement provides Awde up to $620k cash (tied to milestones) plus $465k change-in-control payment and continued equity vesting.
- Awde forfeits vested options for 387,500 shares and agreed to amend Form 4s following a Board investigation.
- Company will commence a CEO search; Amy Koenig appointed Independent Lead Director.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852353/000106299324018127/0001062993-24-018127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852353/000106299324018127/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-24-018127

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