-----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, S0wCQtEClHBhHowVvt3HYbMb1zSE9b+MqCh4iXlu2+TR8RcmUnTe8f0uAomf3lif ywDgOLDamTEZ6HqDfSGG1Q== 0000041304-98-000002.txt : 19980109 0000041304-98-000002.hdr.sgml : 19980109 ACCESSION NUMBER: 0000041304-98-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980108 ITEM INFORMATION: FILED AS OF DATE: 19980108 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROYAL OAK MINES INC CENTRAL INDEX KEY: 0000041304 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 980160821 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-04350 FILM NUMBER: 98502900 BUSINESS ADDRESS: STREET 1: 5501 LAKEVIEW DR CITY: KIRKLAND STATE: WA ZIP: 98033 BUSINESS PHONE: 4258228992 MAIL ADDRESS: STREET 1: 5501 LAKEVIEW DR CITY: KIRKLAND STATE: WA ZIP: 98033 8-K 1 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 January 8, 1998 ROYAL OAK MINES INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Commission File Number 1-4350 ONTARIO, CANADA 98-0160821 - ------------------------------- ------------------------------- (State or other jurisdiction of (I.R.S. Employer Identification incorporation or organization) No.) c/o Royal Oak Mines (USA) Inc. 5501 Lakeview Drive Kirkland, Washington U.S.A. 98033 - --------------------------------------- ----------------- Address of principal executive offices) (Postal/Zip Code) (425) 822-8992 - ---------------------------------------- Registrant's telephone number, including area code Item 5. Other Events On January 8, 1998, the Registrant issued the following press release: [Royal Oak Mines Inc. Press Release Letterhead] FOR IMMEDIATE RELEASE FROM KIRKLAND January 8, 1998 Royal Oak Closes in Escrow Senior Secured Financing Royal Oak Mines Inc. (TSE and AMEX: RYO) announced today that it has closed the previously announced US$44 million senior secured financing. This financing has been closed in escrow pending receipt of consent by holders of 51% of the aggregate amount of the Senior Subordinated Notes issued August 15, 1996. It is expected that this consent process will take no more than ten days. Upon release from escrow, the proceeds of the financing will immediately be available to Royal Oak for use at the Kemess project and for general corporate purposes. Construction is continuing on schedule at the Kemess site. The project is 82% complete with start-up still expected early in April. The proceeds from this debt issue, combined with working capital and the balance of the proceeds from the British Columbia government, will provide the funding necessary to complete and start up the Kemess project. For further information, contact: or in Europe contact: Mr. J. Graham Eacott Mr. David Williamson Royal Oak Mines David Williamson Associates 5501 Lakeview Drive International Investor Relations Kirkland, WA 98033-7314 15 St. Helen's Place, 3rd Floor Telephone: (425) 822-8992 London, England EC3A 6DE Facsimile: (425) 822-3552 Telephone: 011-44-171-628-3989 Facsimile: 011-44-171-920-0563 Internet site: http://www.royal-oak-mines.com SIGNATURE Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ROYAL OAK MINES INC. Date: January 8, 1998 By: /s/ James H. Wood ----------------------- James H. Wood Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----