-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KUahWm0sKrIRSl7QZwWtwf5RasjP04Nwh34eRrN48SiszPxnWgosoDRRHL/ZmM47 r4QK5tz/0esIjH9sWrUDew== 0001104659-05-048293.txt : 20051013 0001104659-05-048293.hdr.sgml : 20051013 20051012183114 ACCESSION NUMBER: 0001104659-05-048293 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051012 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20051013 DATE AS OF CHANGE: 20051012 FILER: COMPANY DATA: COMPANY CONFORMED NAME: APEX SILVER MINES LTD CENTRAL INDEX KEY: 0001011509 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 841363747 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13627 FILM NUMBER: 051135822 BUSINESS ADDRESS: STREET 1: CALEDONIAN HOUSE MARY STREET STREET 2: GEORGETOWN BWI CITY: GRAND CAYMAN ISLAND BUSINESS PHONE: 3038395060 MAIL ADDRESS: STREET 1: CALEDONIAN HOUSE MARY STREET STREET 2: GEORGETOWN BWI CITY: GRAND CAYMAN ISLAND 8-K 1 a05-17532_18k.htm 8-K

 

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 12, 2005

 

APEX SILVER MINES LIMITED

(Exact name of registrant as specified in its charter)

 

Cayman Islands, British
West Indies

 

1-13627

 

Not Applicable

(State or other jurisdiction of
incorporation or organization)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification Number)

 

Walker House
Mary Street
George Town, Grand Cayman
Cayman Islands, British West Indies

 

Not Applicable

(Address of principal executive offices)

 

(Zip Code)

 

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):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 


 

TABLE OF CONTENTS

 

Item 3.02

 

Unregistered Sales of Equity Securities

 

 

 

 

 

Signature

 

 

 

 

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Item 3.02  Unregistered Sales of Equity Securities

 

On October 12, 2005, the Company completed the issuance of an aggregate of 1,490,029 ordinary shares to a holder of the Company’s 2.875% and 4.0% Senior Subordinated Convertible Notes due 2024 in a privately negotiated exchange transaction that was previously disclosed by the Company on September 27, 2005.  The holder exchanged, and the Company will retire, (i) $20 million principal amount of the 2.875% Notes, plus accrued interest and (ii) $10 million principal amount of the 4.0% Notes, plus accrued interest.  The aggregate amount of accrued interest on the 2.875% Notes and the 4.0% Notes was approximately $40,000.

 

The ordinary shares were not registered under the Securities Act of 1933 and were issued in reliance on an exemption from registration pursuant to Section 3(a)(9) of the Securities Act.  No underwriting discounts or commissions were involved in this transaction.

 

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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.

 

Date:  October 12, 2005

 

 

 

Apex Silver Mines Limited

 

 

 

 

 

 

 

 

By:

/s/ Mark A. Lettes

 

 

 

 

Mark A. Lettes

 

 

 

Chief Financial Officer

 

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