---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-006899"
form_type: "8-K"
ticker: "PUBC"
cik: "0001575858"
company_name: "Purebase Corp"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:14:34.422300+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Purebase issues 8.88M shares to US Mine Corp. for note conversion, eliminating $1.53M debt

## Summary
- 8,877,923 common shares issued to US Mine Corp. to convert $1,525,676.42 principal plus $87,210.83 interest.
- 2022 Notes converted at $0.39/share (three notes totaling $919,209.58); 2023 Notes at $0.10/share ($606,467.84).
- All amounts deemed paid-in-full and notes cancelled; no further obligations to US Mine Corp.
- CEO A. Scott Dockter and director John Bremer are also officers/directors/shareholders of US Mine Corp.
- Issuance exempt under Section 4(a)(2) and Rule 506(b); no public offering.

## SEC filing metadata
- accession: 0001493152-24-006899
- form_type: 8-K
- ticker: PUBC
- cik: 0001575858
- company_name: Purebase Corp
- filed_at: 2024-02-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575858/000149315224006899/0001493152-24-006899-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575858/000149315224006899/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-006899
- JSON: https://secwatch.observer/filing/0001493152-24-006899.json
- Plain text: https://secwatch.observer/filing/0001493152-24-006899.txt

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