---
schema_version: "secwatch.filing_event.v1"
accession: "0001199835-23-000216"
form_type: "8-K"
ticker: "SRGZ"
cik: "0001401835"
company_name: "Star Gold Corp."
filed_at: "2023-04-18T23:59:59+00:00"
generated_at: "2026-06-17T00:37:51.353329+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Star Gold issues $312.5K in convertible notes; director Nilson resigns

## Summary
- Issued four 8% convertible promissory notes totaling $312,500, maturing April 14, 2026.
- One note converted $260,000 of existing debt; three notes provided $52,500 new loans from officers/board.
- Notes convertible at $0.02 per share; no periodic payments; all principal and interest due at maturity.
- Director Ronald D. Nilson resigned April 14, 2023; no disagreement with company stated.

## SEC filing metadata
- accession: 0001199835-23-000216
- form_type: 8-K
- ticker: SRGZ
- cik: 0001401835
- company_name: Star Gold Corp.
- filed_at: 2023-04-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401835/000119983523000216/0001199835-23-000216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401835/000119983523000216/srgz-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001199835-23-000216
- JSON: https://secwatch.observer/filing/0001199835-23-000216.json
- Plain text: https://secwatch.observer/filing/0001199835-23-000216.txt

## Key facts
- Debt Financings
  Star Gold Corp. incurred convertible notes of $312,500.00 with related party and officer and members of the Company's Board of Directors at 8% maturing April 14, 2026.
  - Instrument: convertible notes
  - Principal: $312,500.00
  - Counterparty: related party and officer and members of the Company's Board of Directors
  - Rate: 8%
  - Maturity: April 14, 2026
  - Event: incurrence
  source text: On April 14, 2023, Star Gold Corp. (“Star Gold” or the “Company”) issued four (4) convertible promissory notes (each a “Note” and collectively the “Notes”) with an aggregate principal amount of three hundred twelve thousand five hundred and no/100 dollars ($312,500.00).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401835/000119983523000216/0001199835-23-000216-index.htm
- Executive change
  Ronald D. Nilson resigned as Director at Star Gold Corp..
  - Action: resigned
  - Role: Director
  source text: accepted the resignation of Ronald D. Nilson from his position as a member of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1401835/000119983523000216/0001199835-23-000216-index.htm

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