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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Washington, D.C. 20549</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">FORM 8-K</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">CURRENT REPORT</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Date of Report (Date of earliest event reported): <font style="DISPLAY: inline; FONT-WEIGHT: bold">&#160;&#160;October 15, 2010</font></font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">FACT CORPORATION</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">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):</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Item 5.02 - Departure Of Directors Or Principal Officers; Election Of Directors; Appointment Of Principal Officers; Compensatory Arrangements of Certain Officers</font></font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold; TEXT-DECORATION: underline">Departure of Principal Officer:</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ms. Jacqueline Danforth, <font style="FONT-STYLE: italic; DISPLAY: inline">Chief Financial Officer</font></font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">On October 15, 2010, Jacqueline Danforth tendered her resignation as Chief Financial Officer of the Company.&#160;&#160;She will continue to serve as a director, President and Chief Executive Officer of the Company.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Ms. Jacqueline Tucker, <font style="FONT-STYLE: italic; DISPLAY: inline">age 54, Chief Financial Officer</font></font></div>

<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Ms. Tucker was appointed Chief Financial Officer of the Company on October 15, 2010.&#160;&#160;Ms. Tucker has been the president and sole employee of JM Tucker Inc. Chartered Accountants since 1995.&#160;&#160;She is a member of the Alberta, Ontario and British Columbia Institute of Chartered Accountants. Ms. Tucker was elected a fellow of the British Columbia Institute of Chartered Accountants and has served on the Audit Assurance Standards Board of Canada. Ms. Tucker has thirty years of public practice experience as an auditor and advisor to public companies.&#160;&#160;Ms. Tucker holds a Bachelor of Arts degree from the University of Western Ontario, having graduated in 1976.</font></div>

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<div style="TEXT-INDENT: 0pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Ms. Tucker sits on the board of directors of Daytona Energy Corporation, a company listed on the Toronto Venture Stock Exchange (&#8220;TSX-V&#8221;) and serves as their Chief Financial Officer.&#160;&#160;She also serves as Chief Financial Officer for Canaco Resources Inc. and True North Gems Inc., both companies listed on the TSX-V.</font></div>

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form8k.htm
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):
October 15, 2010
FACT CORPORATION
(Exact name of registrant as specified in its charter)
Colorado
000-17232
84-0888594
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identifica­tion No.)
5614E Burbank Road S.E., Calgary, Alberta, Canada
T2H 1Z4
(Address of principal executive offices)
(Zip Code)
(403) 693-8002
Registrant's telephone number, including area code
Not applicable
(Former name or former address, if changed since last report)
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Item 5.02 - Departure Of Directors Or Principal Officers; Election Of Directors; Appointment Of Principal Officers; Compensatory Arrangements of Certain Officers
Departure of Principal Officer:
Ms. Jacqueline Danforth,
Chief Financial Officer
On October 15, 2010, Jacqueline Danforth tendered her resignation as Chief Financial Officer of the Company.  She will continue to serve as a director, President and Chief Executive Officer of the Company.
Election of Principal Officer:
Ms. Jacqueline Tucker,
age 54, Chief Financial Officer
Ms. Tucker was appointed Chief Financial Officer of the Company on October 15, 2010.  Ms. Tucker has been the president and sole employee of JM Tucker Inc. Chartered Accountants since 1995.  She is a member of the Alberta, Ontario and British Columbia Institute of Chartered Accountants. Ms. Tucker was elected a fellow of the British Columbia Institute of Chartered Accountants and has served on the Audit Assurance Standards Board of Canada. Ms. Tucker has thirty years of public practice experience as an auditor and advisor to public companies.  Ms. Tucker holds a Bachelor of Arts degree from the University of Western Ontario, having graduated in 1976.
Ms. Tucker sits on the board of directors of Daytona Energy Corporation, a company listed on the Toronto Venture Stock Exchange ("TSX-V") and serves as their Chief Financial Officer.  She also serves as Chief Financial Officer for Canaco Resources Inc. and True North Gems Inc., both companies listed on the TSX-V.
FACT Corporation
Dated: October 18, 2010
By:
/s/ Jacqueline Danforth
Jacqueline Danforth
`
Chief Executive Officer
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