secwatch.observer — SEC 8-K summary
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Issuer:     Purebase Corp (PUBC)
CIK:        0001575858
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001493152-23-045094
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 5.02, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Purebase appoints Stephen Gillings as CFO; base salary $100k, option grants
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- Stephen Gillings, 74, appointed CFO effective Dec 13, 2023; previously consultant at Now CFO and CFO of QuantumSphere.
- Base salary $100k/year; eligible for discretionary annual bonuses.
- Granted options to purchase 200,000 shares on each of three grant dates (Dec 13, 2023 and two anniversaries) at FMV.
- Severance: 3 months' salary plus 1 month per year if terminated without cause after 6 months.
- Press release issued Dec 14, 2023 confirming the appointment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575858/000149315223045094/0001493152-23-045094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575858/000149315223045094/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-045094

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