EMC Metals Corp.: Form 8-K - Filed by newsfilecorp.com

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 1, 2013

EMC METALS CORP.
(Exact name of registrant as specified in its charter)

000-54416
(Commission File Number)

British Columbia, Canada
98-1009717
(State or other jurisdiction
(IRS Employer
of incorporation or organization)
Identification No.)

1430 Greg Street, Suite 501, Sparks, Nevada, 89431
(Address of principal executive offices)(Zip Code)

(775) 355-9500
Issuer’s telephone number

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant 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))

[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

Item 2.01          Completion of Acquisition or Disposition of Assets.

On July 1, 2013, EMC Metals Corp. returned certain ranch lands and related assets to Cosgrave Ranch, LLC in consideration for cancellation of a promissory note in the amount of $3,750,000, and assumption of certain other minor outstanding payables associated with the ranch asset. The ranch was purchased in 2008 for water rights held by it that are no longer needed to operate the Springer Tungsten Mine, which is located adjacent to the ranch.

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.

      EMC Metals Corp.
Date July 2, 2013   (Registrant)
       
       
      /s/ Edward Dickinson
      Edward Dickinson, Chief Financial Officer