---
schema_version: "secwatch.filing_event.v1"
accession: "0001199835-22-000051"
form_type: "8-K"
ticker: "FTSP"
cik: "0001319643"
company_name: "FinTrade Sherpa, Inc."
filed_at: "2022-01-14T23:59:59+00:00"
generated_at: "2026-06-27T17:51:52.261296+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lode-Star terminates Goldfield Bonanza Option, returns 20% interest, gets $2.224M debt forgiveness

## Summary
- Terminated Option Agreement with Lode Star Gold; returns its 20% undivided interest in Goldfield Bonanza Project in Nevada.
- LSG forgives approximately $2.224 million in accrued unpaid penalty and other payments owed by the Company.
- LSG retains the 35 million shares of common stock previously issued for the initial 20% interest; no surrender required.
- Settlement includes a broad mutual release of claims between the parties.
- Company states the debt relief supports its pivot to EGCG pharmaceutical assets acquired from Sapir Pharmaceuticals in December 2021.

## SEC filing metadata
- accession: 0001199835-22-000051
- form_type: 8-K
- ticker: FTSP
- cik: 0001319643
- company_name: FinTrade Sherpa, Inc.
- filed_at: 2022-01-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.02, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319643/000119983522000051/0001199835-22-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319643/000119983522000051/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001199835-22-000051
- JSON: https://secwatch.observer/filing/0001199835-22-000051.json
- Plain text: https://secwatch.observer/filing/0001199835-22-000051.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.