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 EARLIEST EVENT REPORTED – DECEMBER 2, 2010
ARDENT MINES
LIMITED
(Exact
name of Registrant as specified in its charter)
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NEVADA
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000-50994
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88-0471870
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(State
or other jurisdiction of
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(Commission
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(IRS
Employer
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incorporation)
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File
Number)
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Identification
Number)
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100
Wall Street, 21st
Floor
New York, NY
10005
(Address
of principal executive offices)
561-989-3200
(Registrant's
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
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:
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o
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Written communications pursuant
to Rule 425 under the Securities
Act
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o
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Soliciting material pursuant to
Rule 14a-12 under the Exchange
Act
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o
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Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange
Act
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o
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Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange
Act
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Item
5.02.
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Departure
of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain
Officers.
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Appointment
of James Ladner to the Board of Directors of Ardent Mines Limited
Mr. James
Ladner has been appointed as a member of the Board of Directors of Ardent Mines
Limited (the “Company”), to commence his services as of December 2, 2010.
Mr.
Ladner has served as a self-employed financial consultant in Kilchberg (Zurich),
Switzerland since 1992, and presently serves as a professional company director.
He is a director and a member of the audit committees of Oracle Energy Corp.
(since 2007), Colt Resources Inc. (since 2010) and Royal Coal Corp. (since
2010).
From
1992-2002, he was a co-founder and managing director of RP&C International,
where he was involved in the syndication and sale of dollar convertible bonds,
shares and warrants of North American companies in Europe. He served as the
non-executive chairman of Bank Austria (Switzerland) Ltd. from 1992-2001.
Previously he was an Executive Vice President of Coutts Bank (Switzerland) Ltd.
– now RBS Coutts Bank, where he was employed from 1964 -1992.
As a
professional company director he has served on the boards of several other
companies, funds and banks in Switzerland, including the Royal Bank of Scotland
AG, Interallianz Bank AG, Asahi Bank AG, F. Van Lanschot Bankiers (Switzerland)
Ltd., Atlantic Finanz AG, Immofonds, Verit Immobilien, Ahold Finance group. He
has also served on boards outside Switzerland, including Energy Capital
Investment Co. plc, Equator Exploration Ltd., StrataGold Corporation, Pan
Pacific Aggregates plc, Nevoro Inc. and Coastport Capital Inc.
He was a
member of the Swiss Admissions Commission for listing on Swiss Stock Exchanges
and a member of the Swiss Capital Market Commission of the Swiss National Bank
from 1990-1992.
Mr.
Ladner is a graduate of the University of St. Gallen in
Switzerland.
The
Company and Mr. Ladner have agreed that his compensation shall initially be five
thousand U.S. Dollars ($5,000) per month. Two thousand five hundred U.S.
Dollars ($2,500) of this amount shall be payable incrementally on a monthly
basis and pro-rated for any partial month of service, less any applicable
statutory and regulatory deductions, which shall be payable in accordance with
the Company’s regular payroll practices, as the same may be modified from time
to time. The remainder of this compensation shall accrue until such time as the
Company shall have received capital investments in the amount of ten million
U.S. Dollars ($10,000,000), at which time all accrued and unpaid amounts shall
be due and payable. The Company and Mr. Ladner have agreed that an option grant
from the Company to Mr. Ladner shall be set at a future date.
Mr.
Ladner will serve on Audit Committee of the Company’s Board of Directors. The
Company’s Board of Directors has determined that Mr. Lander is an independent
director. The Company has adopted the standards for director independence
contained in the Nasdaq Marketplaces Rule 5605(a)(2).
#
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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.
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ARDENT
MINES LIMITED
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By:
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/s/ Leonardo Alberto
Riera
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Name: Leonardo
Alberto Riera
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Title: President
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Date: December
2, 2010