secwatch.observer — SEC 8-K summary
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Issuer:     GULF RESOURCES, INC. (GURE)
CIK:        0000885462
Form:       8-K
Filed at:   2025-03-05T23:59:59+00:00
Accession:  0001193805-25-000267
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.01, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Gulf Resources completes acquisition of crude salt fields; issues 2.06M shares as payment
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- Closed on Feb 28, 2025 via subsidiary SHSI; acquired crude salt fields in Shandong Province, China.
- Issued 2,059,694 common shares at $1.50/share to five individuals designated by the sellers as consideration.
- Shares issued under Regulation S exemption from registration; sellers are PRC citizens.
- Acquisition agreements dated June 26-27, 2024, amended December 17, 2024, and closed on February 28, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885462/000119380525000267/0001193805-25-000267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885462/000119380525000267/e664240_8k-gulfresources.htm
  HTML page:      https://secwatch.observer/filing/0001193805-25-000267

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