bspe8k_04302010.htm
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) April 30, 2010
BLACKSANDS
PETROLEUM, INC.
(Exact
name of Registrant as specified in its charter)
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Nevada
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000-51427
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20-1740044
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(State
or other jurisdiction
of
incorporation or organization)
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(Commission
File number)
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(IRS
Employer Identification No.)
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401 Bay
Street, Suite 2700, PO Box 152
Toronto,
Ontario Canada M5H 2Y4
_____________________________________________
(Address
of principal executive offices) (Zip Code)
(416)
359-7805
__________________
(Registrant’s
Telephone Number, Including Area Code)
___________________________________________________
(Former
Name, Address and Fiscal Year, If Changed Since Last Report)
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation for
the registrant under any of the following provisions (see General Instruction A.2.
below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
o
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.
Effective
April 30, 2010, Paul Parisotto has resigned as director of Blacksands Petroleum,
Inc. (“Blacksands”).
Item
8.01 Entry into a Material Definitive Agreement
On April
30, 2010, Blacksands entered into a Stock Purchase Agreement with H. Reg F.
Burden (the “Buyer”) and Access Energy Inc. (“Access”) whereby Buyer agreed to
purchase 441 common shares of Access from Blacksands. Access is party
to and has ongoing obligations pursuant to various agreements, and in connection
with the purchase by Buyer, Blacksands no longer has the obligation to fund
Access’ obligations, including such agreements. Blacksands is
indemnified with respect to any liability or loss as a result of Blacksands’
obligations pursuant to the various agreements.
SIGNATURE
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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BLACKSANDS
PETROLEUM, INC.
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Date: April
30, 2010
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By:
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/s/
Mark Holcombe
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Name:
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Mark
Holcombe
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Title:
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President
and Chief Executive Officer
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