-----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, Aom/BfcLW+qHuOuDSGZf9KdjaF5JITQ2IEOEfKC+m3HYZQ+f3W7o6SvMWzscLMwW uYMH2Cc6JFwaJASHzfeD5A== 0001047469-99-008096.txt : 19990303 0001047469-99-008096.hdr.sgml : 19990303 ACCESSION NUMBER: 0001047469-99-008096 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990224 ITEM INFORMATION: FILED AS OF DATE: 19990302 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: 99555228 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 FORM 8-K 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 FEBRUARY 24, 1999 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 February 24, 1999, the Registrant issued the following press release: [Royal Oak Mines Inc. Press Release Letterhead] FOR IMMEDIATE RELEASE FROM KIRKLAND FEBRUARY 24, 1999 - ------------------------------------------------------------------------------ TO THE HOLDERS OF ROYAL OAK MINES INC. SECURED 12.75% SENIOR SUBORDINATED NOTES, CUSIP NOS. 78051DAC9 AND 78051DAE5 AND TO ANY OTHER PERSON WITH AN INTEREST IN ROYAL OAK MINES INC. TAKE NOTICE that pursuant to an Order dated February 15, 1999 of the Ontario Court (General Division) Royal Oak Mines Inc. has been authorized and empowered to borrow from Trilon Financial Corporation such monies from time to time as Royal Oak Mines Inc. may consider necessary or desirable pursuant to an operating credit facility in the aggregate principal sum of Canadian $34,700,000, subject to such limits on the amounts that Royal Oak Mines Inc. may draw down thereunder as imposed from time to time by the Court. The Court has further ordered that the repayment of monies borrowed by Royal Oak from Trilon Financial Corporation pursuant to such operating credit facility together with all interest, fees, charges and other amounts payable in respect thereof shall be secured by security on all of the present and future property, assets and undertaking of Royal Oak Mines Inc. and shall rank senior in priority to any and all other liens, charges, encumbrances or security of whatever nature or kind which may at any time exist with respect to such property, assets and undertaking, subject only to the Permitted Encumbrances provided for thereunder. Please direct any enquiries you have to the Monitor, Ms. Heather Berger, of PricewaterhouseCoopers LLP at (425) 822-8992 or fax (425) 822-3552. Copies of the credit and security agreements relating to the operating credit facility and copies of the Court Order can be obtained from the Monitor. For further information, contact: J. Patrick Howe Howe & Company Inc. (416) 863-6632 E-mail: jphowe@howeco.com 2 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: February 24, 1999 By: /s/ M.K. Witte ------------------------------ M.K. Witte President and CEO 3 -----END PRIVACY-ENHANCED MESSAGE-----