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PCXCQ > SEC Filings for PCXCQ > Form 8-K on 1-May-2013All Recent SEC Filings

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Other Events

Item 8.01. Other Events.

On July 21, 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") was enacted. Section 1503 of the Dodd-Frank Act requires a Current Report on Form 8-K if a company is issued an imminent danger order under Section 107(a) of the Federal Mine Safety and Health Act of 1977 (the "Mine Act") by the federal Mine Safety and Health Administration ("MSHA").

On April 25, 2013, Remington LLC received an imminent danger order under
Section 107(a) of the Mine Act at the Winchester underground mine (the "Order"). During a routine inspection, an MSHA inspector purportedly observed two employees sitting on a section power center, which is a metal enclosure that is used to distribute electrical power to underground mining equipment. The Company disputed the factual basis of the Order. After conducting further review, MSHA vacated the Order on April 29, 2013, finding that the situation did not present an imminent danger under Section 107(a). No employees were harmed or endangered, and production remained unaffected.

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