<SEC-DOCUMENT>0001493152-19-018667.txt : 20191203
<SEC-HEADER>0001493152-19-018667.hdr.sgml : 20191203
<ACCEPTANCE-DATETIME>20191203072550
ACCESSION NUMBER:		0001493152-19-018667
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20191127
FILED AS OF DATE:		20191203
DATE AS OF CHANGE:		20191203

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Sharp Ted Riley
		CENTRAL INDEX KEY:			0001357534

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08266
		FILM NUMBER:		191264630

	MAIL ADDRESS:	
		STREET 1:		714 WHISPERWOOD COURT
		CITY:			NAMPA
		STATE:			ID
		ZIP:			83686

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			U.S. GOLD CORP.
		CENTRAL INDEX KEY:			0000027093
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				221831409
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0430

	BUSINESS ADDRESS:	
		STREET 1:		SUITE 102 - BOX 604
		STREET 2:		1910 E IDAHO STREET
		CITY:			ELKO
		STATE:			NV
		ZIP:			89801
		BUSINESS PHONE:		6097990071

	MAIL ADDRESS:	
		STREET 1:		SUITE 102 - BOX 604
		STREET 2:		1910 E IDAHO STREET
		CITY:			ELKO
		STATE:			NV
		ZIP:			89801

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DATARAM CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>ownership.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2019-11-27</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000027093</issuerCik>
        <issuerName>U.S. GOLD CORP.</issuerName>
        <issuerTradingSymbol>USAU</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001357534</rptOwnerCik>
            <rptOwnerName>Sharp Ted Riley</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O U.S. GOLD CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>1910 E. IDAHO STREET, SUITE 102-BOX 604</rptOwnerStreet2>
            <rptOwnerCity>ELKO</rptOwnerCity>
            <rptOwnerState>NV</rptOwnerState>
            <rptOwnerZipCode>89801</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Financial Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2019-11-27</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>22767</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>22767</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Option</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.81</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2019-11-27</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>50000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.00</value>
                    <footnoteId id="F3"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2029-11-27</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>50000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Represents restricted stock awarded to the reporting person on November 27, 2019 pursuant to the U.S. Gold Corp. 2020 Stock Incentive Plan (the &quot;Plan&quot;). Such shares vested immediately upon grant.</footnote>
        <footnote id="F2">Represents an option award under the Plan (the &quot;Option Award&quot;), of which 1/24th of the total (rounded down for any fractional shares) shall vest on each of the first 23 monthly anniversaries of the date of grant, provided the reporting person is providing services to the issuer or an affiliate of the issuer on the applicable vesting date, and the remaining portion of the unvested Option Award shall vest on the second anniversary of the date of grant, provided the reporting person is providing services to the issuer or an affiliate of the issuer on that date.</footnote>
        <footnote id="F3">The Option Award is compensation for the reporting person's service as an officer of the issuer.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ted Riley Sharp</signatureName>
        <signatureDate>2019-12-03</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
