---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-022473"
form_type: "8-K"
ticker: "PUBC"
cik: "0001575858"
company_name: "Purebase Corp"
filed_at: "2026-05-12T19:30:14+00:00"
generated_at: "2026-05-12T19:32:17.742103+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Purebase issues 72.8M shares to CEO's entity for loan conversion and expense reimbursement

## Summary
- Issued 50,311,184 shares to CoreTer, LLC for $1,013,870.97 loan conversion under convertible note.
- Issued additional 22,526,655 shares to CoreTer as reimbursement for $453,957 of operating expenses.
- Total shares issued: 72,837,839; exempt under Section 4(a)(2) as transaction not involving public offering.
- CoreTer is owned and managed by CEO A. Scott Dockter.

## SEC filing metadata
- accession: 0001493152-26-022473
- form_type: 8-K
- ticker: PUBC
- cik: 0001575858
- company_name: Purebase Corp
- filed_at: 2026-05-12T19:30:14+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575858/000149315226022473/0001493152-26-022473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575858/000149315226022473/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-022473
- JSON: https://secwatch.observer/filing/0001493152-26-022473.json
- Plain text: https://secwatch.observer/filing/0001493152-26-022473.txt

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