Date
of Report (Date of earliest event reported)
|
February
17, 2009
|
ATLAS
MINING COMPANY
|
||||
(Exact
name of registrant as specified in its charter)
|
||||
Idaho
|
000-31380
|
82-0096527
|
||
(State
or other jurisdiction of incorporation)
|
(Commission
File Number)
|
(I.R.S.
Employer Identification No.)
|
||
630
Mullan Ave. Suite D, Osburn, Idaho
|
83849
|
|||
(Address
of principal executive offices)
|
(Zip
Code)
|
|||
(208)
556-1181
|
||||
Issuer's
telephone number, including area code
|
N/A
|
(Former
name or former address, if changed since last
report.)
|
[
]
|
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
5.02
|
Departure
of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain
Officers
|
On
February 17, 2009 the Company hired Christopher T. Carney as interim Chief
Financial Officer of the Company. Because Mr. Carney will be
compensated by Material Advisors LLC, which has entered into a Management
Agreement with the Company as reported in the 8-K filed by the Company on
January 7, 2009, Mr. Carney will receive no separate compensation from the
Company for his service as interim Chief Financial Officer. Mr. Carney
joined Material Advisors LLC in January 2009, where he provides financial
and managerial consulting services to companies engaging Material
Advisors, whose sole present business is advising the
Company. From March 2007 until December 2008, Mr. Carney was an
analyst at SAC Capital/CR Intrinsic Investors, LLC, a hedge fund, where he
evaluated the debt and equity securities of companies undergoing financial
restructurings and operational turnarounds. From March 2004 until October
2006, Mr. Carney was a distressed debt and special situations analyst for
RBC Dain Rauscher Inc., a registered broker-dealer. Mr. Carney
is 38 years old and graduated with a BA in Computer Science from
CUNY-Lehman College and an MBA in Finance from Tulane
University.
|
ATLAS
MINING COMPANY
|
|||
(Registrant)
|
|||
Date:
|
March
10, 2009
|
By:
|
/s/
Andre Zeitoun
|
Andre
Zeitoun
|
|||
Chief
Executive Officer and President
|