-----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, JwNCZSq8Ua0BXb990/D6cP2JRxUwWz7GNAP0lehqpJbhuQi1utHGGNPmyhbxWBW9 a8jK+mw39+YLFzpZb8KbXg== 0000950131-95-002779.txt : 19951005 0000950131-95-002779.hdr.sgml : 19951005 ACCESSION NUMBER: 0000950131-95-002779 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950928 ITEM INFORMATION: Other events FILED AS OF DATE: 19951004 SROS: AMEX SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATLAS CORP CENTRAL INDEX KEY: 0000008302 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 135503312 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02714 FILM NUMBER: 95578638 BUSINESS ADDRESS: STREET 1: 370 SEVENTEENTH ST STREET 2: STE 3150 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 3038251200 MAIL ADDRESS: STREET 1: 370 SEVENTEENTH STREET STREET 2: STE 3150 CITY: DENVER STATE: CO ZIP: 80202 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 Date of Report: September 28, 1995 Date of earliest event reported: September 28, 1995 ATLAS CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-2714 13-5503312 (State of (Commission (IRS Employer Incorporation) File Number) Identification No.) 370 Seventeenth Street, Suite 3150 Denver, Colorado 80202 (Address of principal executive offices) (303) 825-1200 (Registrant's telephone number, including area code) Page 1 of 5 Item 5. Other Events The news release dated September 28, 1995, a copy of which is attached as Exhibit 1 hereto, is incorporated herein by reference and made a part hereof. Page 2 of 5 SIGNATURES 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. ATLAS CORPORATION Date: October 4, 1995 By: /s/ Jerome C. Cain ------------------------- Jerome C. Cain Treasurer and Secretary Page 3 of 5 EXHIBIT INDEX Exhibit No. Description Page No. - ----------- ----------- -------- 1. News Release dated September 28, 1995 5 Page 4 of 5 EX-99 2 NEWS RELEASE DATED 9-28-95 [ATLAS LOGO] ATLAS CORPORATION 370 17th St., Suite 3150 Denver, CO 80202 News Contact: Robbin Lee For Immediate Release (303)825-1200 Atlas Secures $11 Million in Financing _______________________________ Denver, CO, September 28, 1995 -- Atlas Corporation (NYSE:AZ) announced today that it has entered into an agreement to privately place $11 million of convertible debentures. The agreement provides for the placement of an additional $4 million of debentures on a best effort basis. Conversion of the five year debentures is into a portion of the 12.7 million shares of Granges Inc. Common Stock that Atlas controls. The conversion rate is at a US $2.35 per Granges share. The debenture has a three year no call provision. Interest will be paid in cash at the rate of 7 percent per annum. Proceeds of this transaction will be used to fund the resumption of mining operations at Atlas' Gold Bar Project, located in Eureka, Nevada. In addition, funds will be used for exploration and development on the recently announced Doby George Property acquisition, which is scheduled to close in October 1995, as well as exploration on the recently optioned Commonwealth and Dixie Comstock properties. David J. Birkenshaw, Atlas' Chairman and Chief Executive Officer, stated, "This placement allows Atlas to leverage its Granges position while securing financing under favorable terms for important growth projects and without dilution to Atlas' shareholders. While conversion of the debenture would reduce Atlas' position in Granges, it would reflect considerable appreciation in our remaining equity position." Page 5 of 5 -----END PRIVACY-ENHANCED MESSAGE-----