-----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, HprPCJ01jRzYz5BWU0uZ0GQXHjw2eLdNA+wGMOIe+Bfqf6oJw2hcuJn/xm3S1iF8 484i4EYFDgA+aBbngqmnJw== 0000041304-98-000025.txt : 19980402 0000041304-98-000025.hdr.sgml : 19980402 ACCESSION NUMBER: 0000041304-98-000025 CONFORMED SUBMISSION TYPE: NT 10-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19971231 FILED AS OF DATE: 19980401 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: NT 10-K SEC ACT: SEC FILE NUMBER: 001-04350 FILM NUMBER: 98584603 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 NT 10-K 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE FILING SEC FILE NUMBER 1-4350 (Check One): [X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR For Period Ended: December 31, 1997 [ ]Transition Report on Form 10-K [ ]Transition Report on Form 20-F [ ]Transition Report on Form 11-K [ ]Transition Report on Form 10-Q [ ]Transition Report on Form N-SAR For the Transition Period Ended: NOTHING IN THIS FORM SHALL BE CONSTRUED TO IMPLY THAT THE COMMISSION HAS VERIFIED ANY INFORMATION CONTAINED HEREIN. If the notification relates to a portion of the filing check above, identify the Item(s) to which the notification relates: Not Applicable. PART I - REGISTRANT INFORMATION Royal Oak Mines Inc. - ------------------------- (Full Name of Registrant) C/O Royal Oak Mines (USA) 5501 Lakeview Drive - ----------------------------------------------------------- (Address of Principal Executive Office - Street and Number) Kirkland, Washington 98033-7314 - ------------------------------- (City, State and Zip Code) PART II - RULES 12b-25(b) and (c) If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate.) [X] (a)The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense; [ ] (b)The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and [X] (c)The accountant's statements or other exhibit required by Rule 12b- 25(c) has been attached if applicable. See Exhibit 99.1. PART III - NARRATIVE State below in reasonable detail the reasons why Form 10-K and Form 1-KSB, 20-F, 11k, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion thereof could not be filed within the prescribed period. Registrant is unable to file Form 10-K for the year ending December 31, 1997 because its accountants are not presently in a position to express an opinion on the Registrant's financial statements as of December 31, 1997. PART IV - OTHER INFORMATION (1)Name and telephone number of person to contact in regard to this notification. James H. Wood (425) 822-8992 - ------------- ----------- ------------------- (Name) (Area Code) (Telephone Number) (2)Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) been filed? If the answer is no, identify reports. [X]Yes [ ]No (3)Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? [X]Yes [ ]No If so: attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made. See Exhibit 99.2. ROYAL OAK MINES INC. -------------------------------------------- (Name of Registrant as Specified in Charter) has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized. Date: March 31, 1998 By: /s/ James H. Wood ----------------------- James H. Wood Chief Financial Officer EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION 99.1 Letter dated March 30, 1998 from Arthur Andersen & Co. to Registrant. (Filed herewith.) 99.2 Text of Press Release issued by Registrant dated March 31, 1998. (Incorporated by reference to Exhibit 99.1 of Registrant's Form 8-K filed on March 31, 1998.) EX-99.1 2 EXHIBIT 99.1 Arthur Andersen & Co. Letterhead Arthur Andersen & Co. Chartered Accountants Suite 2000 401 West Georgia Street Vancouver BC V6B 5A1 604 688 8111 604 688 5205 Fax March 30, 1998 Mr. Jim Wood Chief Financial Officer Royal Oak Mines Inc. 5501 Lakeview Drive Kirkland, WA 98033 Dear Jim: Re: Form 10-K for Year Ended December 31, 1997 We are writing to you in connection with the Company's filing of Form 10-K for the year ended December 31, 1997. The Company is in the process of completing (but has not yet completed) a crucial refinancing which has substantial impact on the presentation of the Company's financial statements as of December 31, 1997. Accordingly, we are not presently in a position to express an opinion on the Company's financial statements as of December 31, 1997. This letter is restricted to use in connection with the Company's notification of the SEC of its inability to timely file its Form 10-K. Yours very truly, Arthur Andersen & Co. By: /s/Olin Anton ------------- Olin Anton -----END PRIVACY-ENHANCED MESSAGE-----