Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: April 5, 2016
Grid Petroleum Corporation
By: /s/Gary B. Tilden
Gary B. Tilden, CEO and Secretary
EXHIBIT 10.1
Grid Petroleum Corp.
RESOLUTIONS OF THE BOARD OF DIRECTORS
The following is a true copy of the resolution duly adopted by the Board of Directors of this Corporation at a special meeting, notice to this meeting having been waived, held via teleconference at 175 Joerschke Dr., Suite A, Grass Valley, CA 95945 on April 3, 2016
The Members of the Board of Directors who were present for this meeting, all of whom took active part therein were:
Edward Aruda
Mike Schatz
Gary Tilden
Robert Stillwaugh
WHEREAS, Mr. Aruda has tendered his resignation as a Director of the Company.
WHEREAS, In reference to the Asset Purchase Agreement filed in the 8K on March 10, 2016, the company has made changes and an addendum to Section1.07 regarding the SERIES B PREFERRED VOTING SHARES as follows;
In further consideration of the purchase of the Media IP and the
“
know how
”
1,000 issued and outstanding Series B Preferred Voting Shares, currently issued in Santa Rosa Resources, Inc. and evidenced by Certificate Number PRB1, shall be issued in equal amounts of 250 shares each to the new management as follows; Bob Stillwaugh, Mike Schatz, Gary Tilden and Donna Marie Murtaugh as certificate Number PRB2, PRB3, PRB4 and PRB5, respectively.
NOW THEREFORE the Board of Directors, having considered this matter, and having opened the floor to all those who voice a preference in the issue have decided unanimously, and hereby
RESOLVED, that: the Company has received and accepted the resignation letter from Edward Aruda; be it further
RESOLVED, that the corporate books and records shall reflect same, and that the secretary shall file this Resolution in the corporate records.
DATED: April 3, 2016
By:
/s/ Gary B. Tilden
_____
Gary B. Tilden, CEO
By:
/s/ Mike Schatz
_______
Mike Schatz, COO
By:
/s/ Edward Aruda
_____
Edward Aruda, Director
By:
/s/ Robert Stillwaugh
_
Robert Stillwaugh, Chairman
EXHIBIT 10.2
April 3, 2016
Gary B. Tilden, CEO
Grid Petroleum Corporation
175 Joerschke Dr., Suite A
Grass Valley, CA 95945
Re: Letter of Resignation
Dear Mr. Tilden,
I am notifying you of my immediate resignation, as discussed. I have other business obligations and can no longer assist the company as a Director. I appreciate the opportunity working with you and the other management and will make myself available if you have any questions.
Sincerely,
By:
/s/ Edward Aruda
Edward Aruda