Red Metal Resources (CSE: RMES) moves to terminate U.S. SEC reporting
Rhea-AI Filing Summary
Red Metal Resources Ltd. is filing a Form 15F to terminate the registration of its common shares under Section 12(g) of the U.S. Exchange Act and end its periodic reporting obligations under Sections 13(a) and 15(d) pursuant to Rule 12h-6.
Based on a 12‑month trading review from April 29, 2025 to April 29, 2026, average daily U.S. trading volume was about 1,376.4 shares, or 0.99% of a worldwide average of 138,486.1 shares, which the company believes satisfies the Rule 12h‑6(a)(4)(i) trading‑volume condition.
Upon filing Form 15F, Exchange Act reporting will be immediately suspended and, absent SEC objection, fully terminated after up to 90 days. The shares will remain listed on the Canadian Securities Exchange and traded on the Frankfurt Stock Exchange and OTC Markets, with ongoing disclosure provided under a Rule 12g3‑2(b) exemption through SEDAR+ and the company’s website.
Positive
- None.
Negative
- U.S. reporting to terminate: Ending Exchange Act registration and SEC reporting reduces the depth and frequency of U.S.-style disclosures, which can make it harder for some U.S. investors to track the company using familiar 20-F/6-K reporting frameworks.
Insights
Red Metal plans to exit U.S. SEC reporting while keeping other listings.
Red Metal Resources is using Form 15F to terminate its U.S. Exchange Act registration and reporting, citing low U.S. trading volume that is just 0.99% of its worldwide average over the year to April 29, 2026. This aligns with Rule 12h-6 requirements for foreign issuers.
After filing, Exchange Act reporting is immediately suspended and will terminate after up to 90 days if the SEC does not object. The company’s shares will continue trading on the Canadian Securities Exchange, Frankfurt Stock Exchange and OTC Markets, so market access remains but without full SEC reporting.
The company expects to rely on Rule 12g3-2(b), providing home-country disclosures via SEDAR+ and its website. For investors, this means future information flow will follow Canadian disclosure standards rather than U.S. periodic reporting, and the practical impact will depend on how closely they track those alternative sources.
Key Figures
Key Terms
Form 15F regulatory
Rule 12h-6 regulatory
Rule 12g3-2(b) regulatory
foreign private issuer regulatory
Section 12(g) regulatory
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2026
Commission File Number: 000-52055
RED METAL RESOURCES LTD.
(Translation of registrant's name into English)
1130 West Pender Street, Suite 555, Vancouver, BC V6E 4A4
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
[ x ] Form 20-F [ ] Form 40-F
SUBMITTED HEREWITH
Exhibits
| Exhibit | Description | |
| 99.1 | News Release dated May 13, 2026 |
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, thereunto duly authorized.
| RED METAL RESOURCES LTD. | ||
| (Registrant) | ||
| Date: May 13, 2026 | By: | /s/ Caitlin Jeffs |
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| Caitlin Jeffs | ||
| Title: | Chief Executive Officer | |
 |
RED METAL RESOURCES LTD. 1130 West Pender St, Unit 555 Vancouver, BC V6E 4A4 |
RED METAL RESOURCES LTD. ANNOUNCES FILING OF FORM 15F TO TERMINATE SEC REPORTING OBLIGATIONS
VANCOUVER, BC, MAY 13, 2026 - RED METAL RESOURCES LTD. ("Red Metal" or the "Company") (CSE: RMES, OTCPINK: RMESF, FSE: I660) announces that it is filing a Form 15F with the United States Securities and Exchange Commission (the "SEC") to terminate the registration of its common shares under Section 12(g) of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"), and its reporting obligations under Section 13(a) and Section 15(d) of the Exchange Act pursuant to Rule 12h-6 thereunder.
Based on the Company's trading volume analysis for the 12-month period from April 29, 2025 to April 29, 2026, the average daily trading volume of the Company's common shares in the United States was approximately 1,376.4 shares, representing approximately 0.99% of the worldwide average daily trading volume of approximately 138,486.1 shares. On that basis, the Company believes it meets the trading-volume condition in Rule 12h-6(a)(4)(i).
Upon filing the Form 15F, the Company's reporting obligations under the Exchange Act will be immediately suspended. If the SEC does not object, the termination of those reporting obligations will become effective 90 days after filing, or such shorter period as the SEC may determine.
The Company's common shares will continue to be listed on the Canadian Securities Exchange under the symbol RMES, traded on the Frankfurt Stock Exchange under the symbol I660, and quoted on OTC Markets in the United States under the symbol RMESF. Following the effectiveness of the Form 15F, the Company expects to maintain the exemption under Rule 12g3-2(b) and to continue making available its home-country disclosure documents through SEDAR+ at www.sedarplus.ca and on its website at www.redmetalresources.com.
About Red Metal Resources Ltd.
Red Metal Resources Ltd. is a mineral exploration company focused on copper and gold exploration and development, with assets in Chile. The Company's common shares are listed on the Canadian Securities Exchange under the symbol RMES and traded on the Frankfurt Stock Exchange under the symbol I660 and on the OTC Pink in the United States under the symbol RMESF.
For further information, please contact:
Caitlin Jeffs
Chief Executive Officer
Red Metal Resources Ltd.
1.866.907.5403
invest@redmetalresources.com
www.redmetalresources.com
This press release is issued pursuant to Rule 12h-6(h) under the Securities Exchange Act of 1934, as amended, which requires a foreign private issuer to publish notice of its intent to terminate its Exchange Act registration and reporting obligations prior to or concurrently with the filing of a Form 15F. This notice does not constitute an offer to sell or a solicitation of an offer to buy any securities.