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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 Report (Date of Earliest Event Reported): August 14, 2006
DGSE COMPANIES, INC.
(Exact Name of Registrant as Specified in Charter)
Nevada 1-11048 88-0097334
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
2817 Forest Lane, Dallas, Texas 75234
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, Including Area Code: (972) 484-3662
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 (see General Instruction A.2. below):
|X| 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))
Item 2.03 Creation of a Direct Financial Obligation oe an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
First Amendment to Loan Agreement and Other Loan Documents
On August 14, 2006, DGSE Companies, Inc. entered into an amendment to
its loan agreement with Texas Capital Bank. This amendment increased the amount
of borrowings allowed under this credit facility form $ 3,500,000 to $
4,000,000. The additional funds are available for general corporate working
capital purposes.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
2.1 First Amendment to Loan Agreement and Other Loan Documents.(a)
2.2 Loan Agreement Dated as of December 22, 2005(a)
99.1DGSE Press Release dated August 16, 2006(b)
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(a) Certain exhibits and schedules have been omitted and DGSE agrees to furnish
supplementally to the SEC a copy of any omitted exhibits or schedules upon
request.
(b) This exhibit is being furnished and will 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 of that section.
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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.
DGSE COMPANIES, INC.
Date: August 16, 2006 By: /s/ DR. L.S. SMITH
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Dr. L.S. Smith
Chairman & Chief
Executive Officer
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