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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                    FORM 15

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF 
THE SECURITIES AND EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS 
UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.

                                               Commission File Number   0-2-1607
                                                                      ----------

                              ISONICS CORPORATION
- --------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)


4010 Moorpark Ave., Suite 119, San Jose, CA 95117                 (408) 260-0155
- --------------------------------------------------------------------------------
(Address, including zip code, and telephone number, including area code, of 
registrant's principal executive offices)


            Common Stock; Redeemable Common Stock Purchase Warrants
- --------------------------------------------------------------------------------
           (Title of each class of securities covered by this Form)


                                     None
- --------------------------------------------------------------------------------
(Titles of all other classes of securities for which a duty to file reports 
under section 13(a) or 15(d) remains)


    Please place an X in the box(es) to designate the appropriate rule 
provision(s) relied upon to terminate or suspend the duty to file reports:

          Rule 12g-4(a)(1)(i)    [X]       Rule 12h-3(b)(1)(i)    [_]
          Rule 12g-4(a)(1)(ii)   [_]       Rule 12h-3(b)(1)(ii)   [_]
          Rule 12g-4(a)(2)(i)    [_]       Rule 12h-3(b)(2)(i)    [_]
          Rule 12g-4(a)(2)(ii)   [_]       Rule 12h-3(b)(2)(ii)   [_]
                                           Rule 15d-6             [_]

    Approximate number of holders of record as of the certification or notice 
date:  Common Stock 7; Warrants; 0
      -----------------------------

    Pursuant to the requirements of the Securities Exchange Act of 1934 (Name of
registrant as specified in charter) has caused this certification/notice to be 
signed on its behalf by the undersigned duly authorized person.


Date: April 23, 1997            By: /s/C. KEVIN KELSO
      -----------------------       --------------------------------------------
                                    C. Kevin Kelso, Fenwick & West LLP, 
                                    Counsel to the Registrant


Instruction:  This form is required by Rules 12g-4, 12h-3 and 15d-6 of the 
General Rules and Regulations under the Securities Exchange Act of 1934. The 
registrant shall file with the Commission three copies of Form 15, one of which 
shall be manually signed. It may be signed by an officer of the registrant, by 
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.

SEC 2069 (8-93)