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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>______________</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PURSUANT TO SECTION 13 OR 15(d) OF THE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of earliest event reported):
<U>February 7, 2012</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>RED MOUNTAIN RESOURCES, INC.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact Name of Registrant as Specified in Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
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    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center">Florida</TD>
    <TD STYLE="width: 34%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center">000-54444</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; text-decoration: underline; text-align: center">27-1739487</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(State or Other Jurisdiction</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Commission</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(IRS Employer</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">of Incorporation)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">File Number)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Identification No.)</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <TD STYLE="width: 67%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-decoration: underline; text-align: center">2515 McKinney Avenue, Suite 900, Dallas, Texas</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-decoration: underline; text-align: center">75201</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">(Address of Principal Executive Offices)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">(Zip Code)</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>(214) 871-0400</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Registrant&rsquo;s Telephone Number, Including
Area Code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><U>Not Applicable</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Former Name or Former Address, if Changed Since
Last Report)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.15pt; text-indent: 35.85pt">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 (<I>see</I> General Instruction A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.15pt; text-indent: 35.85pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -0.5in"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT><FONT STYLE="font-size: 10pt">&#9;Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -0.5in"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT><FONT STYLE="font-size: 10pt">&#9;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -0.5in"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT><FONT STYLE="font-size: 10pt">&#9;Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -0.5in"><FONT STYLE="font-family: Wingdings 2">&#163;</FONT><FONT STYLE="font-size: 10pt">&#9;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 1.01</B></TD><TD><B>Entry into a Material Definitive Agreement.</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The information included in Item 5.02
of this Current Report on Form 8-K is incorporated by reference into this Item 1.01 of this Current Report on Form 8-K to the
extent required.&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>Item 5.02.</B></TD><TD><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.</B></TD></TR></TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">On February 7, 2012, Red Mountain
Resources, Inc. (the &ldquo;Company&rdquo;) appointed Hilda D. Kouvelis as Chief Accounting Officer and entered into an employment
agreement with Ms. Kouvelis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The agreement provides for Ms. Kouvelis
to receive a base salary of $170,000 per year and expires on January 31, 2015. &#9;Pursuant to the employment agreement, Ms. Kouvelis
is entitled to receive an annual performance bonus based on performance objectives and parameters to be determined by the board.
Ms. Kouvelis is also entitled to receive an initial stock option grant in an amount to be determined by the board with a value
of not less than $42,500. Neither the performance objectives and parameters nor the size of the initial stock option grant have
been determined yet, but both are required by the agreement to be determined by December 31, 2012. Pursuant to the employment agreement,
Ms. Kouvelis is also eligible for annual discretionary bonus awards and equity grants as determined by the Company&rsquo;s board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The agreement provides that if Ms. Kouvelis
is terminated by the Company without &ldquo;Cause&rdquo; or by Ms. Kouvelis for &ldquo;Good Reason&rdquo;, she will be entitled
to receive all accrued payments owed to her under the agreement through the date of termination plus a lump sum payment equal to
the lesser of six months of her base salary or the base salary for the remainder of the term. &ldquo;Cause&rdquo; is generally
defined in the agreement as a conviction of Ms. Kouvelis of any felony or a crime involving moral turpitude, Ms. Kouvelis&rsquo;
willful and intentional failure or refusal to follow instructions of the board of directors, a material breach in the performance
of Ms. Kouvelis&rsquo; obligations under the agreement and the violation of Ms. Kouvelis of any of the Company&rsquo;s policies.
&quot;Good Reason&quot; is generally defined in the agreement as a material reduction in Ms. Kouvelis&rsquo; salary or benefits
or duties or responsibilities under the agreement or the relocation of her work location to a location more than 50 miles from
her current location.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Under the agreement, Ms. Kouvelis is
prohibited from disclosing confidential information about the Company and she has agreed not to compete with the Company during
the term of her employment and for six months thereafter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Ms. Kouvelis, 49 years old, has more
than 25 years of industry accounting and finance experience. From January 2005 until June 2011, she was employed with Transatlantic
Petroleum Ltd., a vertically integrated, international oil and gas company engaged in the acquisition, exploration, development
and production of crude oil and natural gas, serving as its chief financial officer from January 2007 until April 2011 and as
its vice president from May 2007 to April 2011. She also served as its controller from 2005 to January 2007. Since leaving Transatlantic
Petroleum in June 2011, she has been a private consultant advising on accounting matters and acquisitions. From November 2007
to May 2008, Ms. Kouvelis served as chief financial officer of Sky Petroleum Inc., a company that makes direct property acquisitions
and/or funds exploration or development of oil and natural gas properties for others, and Southern Star Energy Inc., an exploration
stage company engaged in the acquisition, exploration and exploitation of prospective oil and gas properties. From 2001 to 2004,
Ms. Kouvelis served as controller for Ascent Energy, Inc., an oil and natural gas exploration and development company. From 1998
to 2000, Ms. Kouvelis served as controller for International Operations at PetroFina S.A.'s headquarters in Brussels, Belgium.
Ms. Kouvelis began her career with FINA, Inc. where she held various positions in accounting and finance, including controller
and treasurer. Ms. Kouvelis received a B.B.A. in accounting from Angelo State University and an M.B.A. from the University of
Dallas. Ms. Kouvelis is a licensed Certified Public Accountant.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 66pt; text-align: left"><B>Item 9.01</B></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><B>Financial Statements and Exhibits.</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; margin-left: 0pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 66pt; text-align: center"><B>(d)</B></TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify"><B>Exhibits</B></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; margin-left: 44pt; text-indent: 0pt; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 66pt; text-align: center">10.1</TD><TD STYLE="width: 5pt"></TD><TD STYLE="text-align: justify">Employment agreement, dated February 7, 2012, between Red &#9;Mountain &#9;Resources,
Inc. and Hilda D. Kouvelis.</TD>
</TR>     <TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: center">99.1</TD><TD>&nbsp;</TD><TD STYLE="text-align: justify">Press release dated February 8, 2012.</TD></TR>
</TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">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.&nbsp;</P>

<TABLE BORDER="0" CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top">Dated: February 8, 2012&nbsp;</TD>
    <TD COLSPAN="2">RED MOUNTAIN RESOURCES, INC.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 4%">By:&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 46%">/s/ Alan W. Barksdale</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid">Alan W. Barksdale<BR>Chief Executive Officer</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt"></P>

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{"company-data": {"conformed-name": "RED MOUNTAIN RESOURCES, INC.", "cik": "0001483496", "assigned-sic": "1311", "irs-number": "271739487", "state-of-incorporation": "FL", "fiscal-year-end": "0531"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-54444", "film-number": "12581282"}, "business-address": {"street1": "2515 MC KINNEY AVE", "street2": "SUITE 900", "city": "DALLAS", "state": "TX", "zip": "75201", "phone": "720-204-1013"}, "mail-address": {"street1": "2515 MC KINNEY AVE", "street2": "SUITE 900", "city": "DALLAS", "state": "TX", "zip": "75201"}, "former-company": {"former-conformed-name": "Teaching Time, Inc.", "date-changed": "20100205"}}
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):
February 7, 2012
RED MOUNTAIN RESOURCES, INC.
(Exact Name of Registrant as Specified in Charter)
Florida
000-54444
27-1739487
(State or Other Jurisdiction
(Commission
(IRS Employer
of Incorporation)
File Number)
Identification No.)
2515 McKinney Avenue, Suite 900, Dallas, Texas
75201
(Address of Principal Executive Offices)
(Zip Code)
(214) 871-0400
(Registrant's Telephone Number, Including
Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since
Last Report)
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):
£
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 1.01
Entry into a Material Definitive Agreement.
The information included in Item 5.02
of this Current Report on Form 8-K is incorporated by reference into this Item 1.01 of this Current Report on Form 8-K to the
extent required.
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
On February 7, 2012, Red Mountain
Resources, Inc. (the "Company") appointed Hilda D. Kouvelis as Chief Accounting Officer and entered into an employment
agreement with Ms. Kouvelis.
The agreement provides for Ms. Kouvelis
to receive a base salary of $170,000 per year and expires on January 31, 2015. 	Pursuant to the employment agreement, Ms. Kouvelis
is entitled to receive an annual performance bonus based on performance objectives and parameters to be determined by the board.
Ms. Kouvelis is also entitled to receive an initial stock option grant in an amount to be determined by the board with a value
of not less than $42,500. Neither the performance objectives and parameters nor the size of the initial stock option grant have
been determined yet, but both are required by the agreement to be determined by December 31, 2012. Pursuant to the employment agreement,
Ms. Kouvelis is also eligible for annual discretionary bonus awards and equity grants as determined by the Company's board.
The agreement provides that if Ms. Kouvelis
is terminated by the Company without "Cause" or by Ms. Kouvelis for "Good Reason", she will be entitled
to receive all accrued payments owed to her under the agreement through the date of termination plus a lump sum payment equal to
the lesser of six months of her base salary or the base salary for the remainder of the term. "Cause" is generally
defined in the agreement as a conviction of Ms. Kouvelis of any felony or a crime involving moral turpitude, Ms. Kouvelis'
willful and intentional failure or refusal to follow instructions of the board of directors, a material breach in the performance
of Ms. Kouvelis' obligations under the agreement and the violation of Ms. Kouvelis of any of the Company's policies.
"Good Reason" is generally defined in the agreement as a material reduction in Ms. Kouvelis' salary or benefits
or duties or responsibilities under the agreement or the relocation of her work location to a location more than 50 miles from
her current location.
Under the agreement, Ms. Kouvelis is
prohibited from disclosing confidential information about the Company and she has agreed not to compete with the Company during
the term of her employment and for six months thereafter.
2
Ms. Kouvelis, 49 years old, has more
than 25 years of industry accounting and finance experience. From January 2005 until June 2011, she was employed with Transatlantic
Petroleum Ltd., a vertically integrated, international oil and gas company engaged in the acquisition, exploration, development
and production of crude oil and natural gas, serving as its chief financial officer from January 2007 until April 2011 and as
its vice president from May 2007 to April 2011. She also served as its controller from 2005 to January 2007. Since leaving Transatlantic
Petroleum in June 2011, she has been a private consultant advising on accounting matters and acquisitions. From November 2007
to May 2008, Ms. Kouvelis served as chief financial officer of Sky Petroleum Inc., a company that makes direct property acquisitions
and/or funds exploration or development of oil and natural gas properties for others, and Southern Star Energy Inc., an exploration
stage company engaged in the acquisition, exploration and exploitation of prospective oil and gas properties. From 2001 to 2004,
Ms. Kouvelis served as controller for Ascent Energy, Inc., an oil and natural gas exploration and development company. From 1998
to 2000, Ms. Kouvelis served as controller for International Operations at PetroFina S.A.'s headquarters in Brussels, Belgium.
Ms. Kouvelis began her career with FINA, Inc. where she held various positions in accounting and finance, including controller
and treasurer. Ms. Kouvelis received a B.B.A. in accounting from Angelo State University and an M.B.A. from the University of
Dallas. Ms. Kouvelis is a licensed Certified Public Accountant.
Item 9.01
Financial Statements and Exhibits.
(d)
Exhibits
10.1
Employment agreement, dated February 7, 2012, between Red 	Mountain 	Resources,
Inc. and Hilda D. Kouvelis.
99.1
Press release dated February 8, 2012.
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SIGNATURE
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.
Dated: February 8, 2012
RED MOUNTAIN RESOURCES, INC.
By:
/s/ Alan W. Barksdale
Alan W. Barksdale
Chief Executive Officer
4