DAKOTA TERRITORY RESOURCE CORP : Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Other Events, Financial Statements and Exhibits (form 8-K)

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information in Item 8.01 is hereby incorporated herein by reference.

Item 8.01 OtherEvents.

On November 13, 2020, Dakota Territory Resource Corp ("Company") declared a special cash dividend of $0.055 per common share, payable January 4, 2021 to holders of record on December 22, 2020. As of the date hereof, there are 150,181,631 shares of common stock issued and outstanding and outstanding options outstanding to purchase 1,800,000 shares of common stock; holders of 72,666,667 shares of common stock have contractually relinquished and waived their right to receive this special cash dividend.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibit Index:



Exhibit
Number          Description
EX -   99.1     Press Release dated November 16, 2020

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