Item
5.02
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Departure
of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers.
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Effective
July 1, 2010, Jason Reid, formerly the Vice President of Corporate Development
of Gold Resource Corporation (the “Company”), was named President of the
Company. William Reid, the Company’s past President, will continue to
serve as Chairman and Chief Executive Officer of the Company. For
information regarding Mr. Reid’s biographical data, including age, family
relationships and business background, please see the Company’s annual report on
Form 10-K filed with the Securities and Exchange Commission on March 15,
2010. Commensurate with his increased duties and responsibilities,
the Board of Directors voted to increase Mr. Reid’s salary to $300,000 per
year. Mr. Reid serves as President at the pleasure of the Board
of Directors.
Cautionary
Statement for Purposes of the "Safe Harbor "Provisions of the Private Securities
Litigation Reform Act of 1995.
The
matters discussed in this report on Form 8-K, when not historical matters, are
forward-looking statements that involve a number of risks and uncertainties that
could cause actual results to differ materially from projected
results. Such factors include, among others, the willingness and
ability of third parties to honor their contractual obligations, the decisions
of third parties over which the Company has no control, commodity prices,
environmental and government regulations, availability of financing, judicial
proceedings, force
majeure events, and other risk factors as described from time to time in
the Company's filings with the SEC. Many of these factors are beyond
the Company's ability to control or predict. The Company disclaims
any intent or obligation to update its forward-looking statements, whether as a
result of receiving new information, the occurrence of future events, or
otherwise.
SIGNATURE
Pursuant to
the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934,
the Registrant has caused this Report to be signed on its behalf by the
undersigned thereunto duly authorized.
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GOLD
RESOURCE CORPORATION
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Date:
July 6, 2010
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By:
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/s/ William
W. Reid |
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Name:
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William
W. Reid |
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Title:
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Chief
Executive Officer |
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