8-K

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): August 4, 2021

CKX LANDS, INC.

(Exact name of registrant as specified in its charter)

Louisiana	1-31905	72-0144530
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
2417 Shell Beach Drive Lake Charles, Louisiana		70601
(Address of principal executive offices)		(Zip Code)

(337) 493-2399

(Registrant’s telephone number, including area code)

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ 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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common stock with no par value	CKX	NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Section 5 – Corporate Governance and Management

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 4, 2021, Michael White notified CKX Lands, Inc. (the “Registrant”) that he would retire from his position as a member of the Registrant’s board of directors, effective immediately. Mr. White’s decision to retire was not the result of any disagreement with the Registrant’s operations, policies or practices.

On August 5, 2021, the Registrant’s board of directors appointed Lane T. LaMure to succeed Mr. White. Mr. LaMure will serve for the remainder of Mr. White’s one-year term, which will expire at the annual meeting of the Registrant’s shareholders in 2022.

There are no understandings or arrangements between Mr. LaMure and any other person pursuant to which Mr. LaMure was elected as a director. There are no relationships between Mr. LaMure and the Registrant that would require disclosure pursuant to Item 404(a) of Regulation S-K.

As a non-employee director, Mr. LaMure will receive director fees for meetings of the Board of Directors and applicable committees as set by the Registrant from time to time.

The Registrant’s Board of Directors expects to appoint Mr. LaMure to one or more committees of the board of directors at a later date. The Registrant will file an amendment to this Current Report on Form 8-K to report any such appointment within four business days after the information is determined or becomes available.

Section 7 – Regulation FD

Item 7.01 Regulation FD Disclosure.

On August 10, 2021, the Registrant issued a press release regarding the matter referenced in Item 5.02 above. A copy of the press release is furnished herewith as Exhibit 99.1.

In accordance with General Instruction B.2, the information contained in this Item 7.01 and the attached Exhibit 99.1 is being “furnished” to the SEC and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under such section. Furthermore, such information shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, unless specifically identified as being incorporated therein by reference.

Section 9 – Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits: 

Exhibit No.	Description
99.1	Press Release of CKX Lands, Inc. dated August 10, 2021.
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

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.

	CKX LANDS, INC.
	(Registrant)
Date: August 10, 2021	By:	/s/ William Gray Stream
		William Gray Stream
		President and Treasurer

EX-99.1

Exhibit 99.1

CKX Lands, Inc.

Physical Address

2417 Shell Beach Drive

Lake Charles, Louisiana 70601

Mailing Address

PO Box 1864

Lake Charles, LA 70602

(337) 493-2399

www.ckxlands.com

Contact: William G. Stream

President and Treasurer

(337) 493-2399

CKX LANDS ANNOUNCES RETIREMENT OF DIRECTOR MICHAEL WHITE; LANE LAMURE ELECTED

TO THE BOARD OF DIRECTORS

LAKE CHARLES, La. (August 10, 2021) — CKX Lands, Inc. (NYSE American: CKX) (“CKX” or the “Company”), today announced that effective August 4, 2021 Michael White has retired from his position as a Director of the Company. “It has been a pleasure to serve on the CKX Board of Directors for the past eight years. I am very pleased with management’s thoughtful stewardship of CKX’s assets, and also with the Company’s continued focus on creating value for shareholders,” said Mr. White.

CKX Lands also reported today that effective August 5, 2021 Lane T. LaMure has been appointed Director to replace Mr. White. Mr. LaMure brings over two decades of real estate investment and capital markets experience. “I am honored to serve on the Board and look forward to working with CKX Land's management team to advance the company's initiatives for growing shareholder value,” commented Mr. LaMure.

CKX President Gray Stream added, “Michael’s leadership on the Board will certainly be missed, but we are also very excited to welcome Lane as a Director. He brings a fresh perspective and a tremendous amount of talent and experience to the CKX Board.”

Lane LaMure has over 20 years of public and private investment experience, most recently as the founder of Enlight Capital, a private investment advisor to high profile family offices and individuals. Previously, Mr. LaMure has held executive positions at public and private investment funds, where he focused on real estate and real estate-related investment opportunities. Mr. LaMure holds MA and PhD degrees in Government from Harvard University, an MBA from the Harvard Business School, and BA and MA degrees in Political Science from Emory University. Mr. White added: “I am excited that the Board has appointed Lane. I believe he is going to be a great addition to the Board.” 

XML

Document And Entity Information	Aug. 04, 2021
Document Information [Line Items]
Entity, Registrant Name	CKX LANDS, INC.
Document, Type	8-K
Document, Period End Date	Aug. 04, 2021
Entity, Incorporation, State or Country Code	LA
Entity, File Number	1-31905
Entity, Tax Identification Number	72-0144530
Entity, Address, Address Line One	2417 Shell Beach Drive
Entity, Address, City or Town	Lake Charles
Entity, Address, State or Province	LA
Entity, Address, Postal Zip Code	70601
City Area Code	337
Local Phone Number	493-2399
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common stock
Trading Symbol	CKX
Security Exchange Name	NYSE
Entity, Emerging Growth Company	false
Amendment Flag	false
Entity, Central Index Key	0000352955