---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-017508"
form_type: "8-K"
ticker: "USAU"
cik: "0000027093"
company_name: "U.S. GOLD CORP."
filed_at: "2021-07-22T23:59:59+00:00"
generated_at: "2026-06-30T03:25:53.787349+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# U.S. Gold appoints Kevin Francis as VP Exploration; PFS on CK Gold delayed to Q3 2021

## Summary
- Kevin Francis appointed VP Exploration & Technical Services, effective July 19, 2021; annual base salary $210,000.
- Francis receives $150,000 in performance-based RSUs vesting over 3 years; eligible for bonus up to 75% of base salary.
- Ken Coleman resigns as Chief Geologist; Francis had been consulting on CK Gold Project since September 2020.
- Prefeasibility study (PFS) for CK Gold Project delayed slightly from mid-year to Q3 2021 due to new independent QP review.
- Company evaluating potential aggregate sales from non-mineralized material to add incremental economic contribution.

## SEC filing metadata
- accession: 0001493152-21-017508
- form_type: 8-K
- ticker: USAU
- cik: 0000027093
- company_name: U.S. GOLD CORP.
- filed_at: 2021-07-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27093/000149315221017508/0001493152-21-017508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27093/000149315221017508/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-017508
- JSON: https://secwatch.observer/filing/0001493152-21-017508.json
- Plain text: https://secwatch.observer/filing/0001493152-21-017508.txt

## Key facts
- Executive change
  Kevin Francis was appointed as Vice President – Exploration and Technical Services at U.S. GOLD CORP..
  - Action: appointed
  - Role: Vice President – Exploration and Technical Services
  source text: On July 19, 2021, Kevin Francis was appointed by the board of directors (the “Board”) of U.S. Gold Corp. (the “Company”) as its Vice President – Exploration and Technical Services, effective as of July 19, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/27093/000149315221017508/0001493152-21-017508-index.htm

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