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 ~~June 4~~25, 2012

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FIRST CORPORATION

(Name of Small Business issuer in its charter)

COLORADO	0-52724	090-~~52724~~0219158___	~~90-0219158~~
(State or other jurisdiction of	(Commission File No.)	(~~Commission~~IRS ~~File No.)~~Employer	~~(IRS Employer~~
incorporation or organization)		Identification No.)	~~Identification No.)~~

Maranello, Watch House Green, Felsted, Essex, CM6 3EF, United Kingdom

(Address of principal executive offices)

(403) 467-2356

(Registrant’s telephone number)

Item 18.01. ~~Entry~~Other ~~into a Material Definitive Agreement~~Events

~~Effective June 4, 2012,~~ First Corporation ~~entered~~has ~~into~~amended aits ~~Securities~~Articles of ~~Purchase~~Incorporation ~~Agreement~~to ~~with~~increase ~~ISI~~the ~~Nominees~~number ~~Limited,~~of ~~pursuant~~its toauthorized ~~which~~shares itof ~~issued to~~common ~~ISI~~stock, ~~Nominees~~par ~~Limited~~value a$.001 ~~Convertible~~per ~~Note~~share, infrom ~~the~~100,000,000 ~~original~~shares to ~~principal amount of $500~~1,000,000,000 shares. The ~~funds~~amendment ~~were~~was ~~used~~completed to ~~fund~~prepare ~~the~~for ~~payment of~~ the ~~purchase~~planned ~~price~~10-for-1 split of First Corporation’s ~~investment in Gecko Landmarks Limited as described under Item 2.01 of this Form~~common ~~8-K~~stock. The ~~note~~split ~~bears~~is ~~interest~~to attake aeffect ~~rate~~on ofOctober 8%25, ~~per~~2012 ~~annum~~ and iswas ~~convertible at~~more afully ~~price~~described ofin ~~$0.60~~the ~~per~~Information ~~share~~Statement on ~~ten~~Schedule ~~days’~~14C which ~~notice~~was atfiled ~~the~~with ~~investor’s option or at~~ the ~~option~~Securities ofand ~~First~~Exchange ~~Corporation~~Commission ~~if the~~on ~~average~~October ~~closing~~1, ~~share~~2012 ~~price~~and ~~for~~distributed ~~ten~~to ~~trading~~shareholders ~~days~~shortly ~~preceding such notice exceeds $1~~thereafter.~~00.~~

Effective June 7, 2012, First Corporation entered into a second Securities Purchase Agreement with ISI Nominees Limited, pursuant to which, upon receipt of funds, it intends to issue to ISI Nominees Limited a Convertible Note in the original principal amount of $500,000 representing the second installment toward the purchase price of its investment in Gecko Landmarks Limited. The second Securities Purchase Agreement and note are on the same terms as the initial funding.SIGNATURES

~~ISI~~Pursuant ~~Nominees~~to ~~Ltd.~~the isrequirements of the ~~nominee~~Securities ~~company~~Exchange Act of ~~ADM~~1934, ~~Investor~~the ~~Services~~registrant ~~Ltd.~~has ~~which~~duly ~~lent~~caused ~~the~~this ~~funds~~report to be signed on its behalf ofby ~~Investa~~the ~~Securities~~undersigned ~~Ltd~~hereunto duly authorized.

~~Item~~October ~~2.01.~~25, ~~Completion of Acquisition or Disposition of Assets~~2012

~~On June 4, 2012,~~ First Corporation conducted the closing of its Securities Subscription and Option Agreement with Gecko Landmarks Limited, a limited liability company formed under the laws of Finland. First Corporation purchased a 10% equity interest in Gecko Landmarks for an aggregate purchase price of $1,000,000. At the closing, half of the purchase price, or $500,000, was paid in cash with a commitment to fund the remaining $500,000 within two weeks of the closing date. In the event that the balance of the purchase price is not paid, the shares covered by such amount will be cancellable by Gecko. First Corporation has entered into an agreement for the balance of the funding and expects to receive the funds within the time allotted. (See Item 1.01 of this Form 8-K.)

First Corporation also received an option under the agreement to purchase an additional 23% interest in Gecko Landmarks for a price of $3,450,000, exercisable within six months from closing. First Corporation’/s/ ~~directors~~Andrew ~~will have authority to approve the exercise of this option without stockholder approval.~~Clarke

~~The~~Andrew ~~entity~~Clarke, ~~providing~~Chief ~~the~~Executive funding for the closing and the beneficial holder of the notes issued and to be issued in connection therewith is Investa Securities through ISI Nominees Ltd. which is the nominee company of ADM Investor Services Ltd. Investa Securities Ltd. is a significant shareholder and noteholder of First Corporation.Officer

Information regarding the transaction, Gecko Landmarks Limited, First Corporation’s business, share ownership, management, compensation and other disclosure relating to the company following the closing is hereby incorporated by reference to its Annual Report on Form 10-K for the fiscal year ended September 30, 2011, its Quarterly Reports on Form 10-Q for each of the quarters ended December 31, 2011 and March 31, 2012 and its Definitive Information Statement on Schedule 14C filed with the Securities and Exchange Commission on May 8, 2012.2

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

See Item 1.01.

Item 9.01 Financial Statements and Exhibits

Financial Statements

The Financial Statements and Selected Historical Financial Information of Gecko Landmarks Limited are hereby incorporated by reference to First Corporation’s Information Statement on Schedule 14C filed with the Securities and Exchange Commission on May 8, 2012.

Exhibits

10.1 Form of Securities Purchase Agreement by and between First Corporation, and ISI Nominees Limited.

10.2 Form of Convertible Note issued by First Corporation to ISI Nominees Limited.

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.

June 8, 2012

First Corporation

/s/ Andrew Clarke Andrew Clarke, Chief Executive Officer

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