-----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, TKpDE34ZUKJdsRAPraCQczALfGatk1QAEo0LDDpnqOtD9dsTW856/GrKIt42HHd0 CB2+rQlDS9O5oSjcPnH5Ag== 0000848821-98-000005.txt : 19980317 0000848821-98-000005.hdr.sgml : 19980317 ACCESSION NUMBER: 0000848821-98-000005 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19980227 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980313 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEVADA MANHATTAN MINING INC CENTRAL INDEX KEY: 0000848821 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 880219765 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-12867 FILM NUMBER: 98565233 BUSINESS ADDRESS: STREET 1: 5038 N PARKWAY STREET 2: STE 100 CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 8185914400 MAIL ADDRESS: STREET 1: 5038 N PARKWAY STREET 2: STE 100 CITY: CALABASAS STATE: CA ZIP: 91302 8-K 1 FORM 8-K 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 February 27, 1998 Date of report (Date of earliest event reported) NEVADA MANHATTAN MINING INCORPORATED (Exact Name of Registrant as Specified in Its Charter) NEVADA (State or Other Jurisdiction of Incorporation) 001-12867 88-0219765 (Commission File Number) (IRS Employer Identification No.) 5038 N. PARKWAY CALABASAS, SUITE #100, CALABASAS, CA 91302 (Address of Principal Executive Offices) (Zip Code) (818) 591-4400 (Issuer's Telephone Number, Including Area Code) 2 Item 5. Other Events. This report is filed solely to file with the Securities and Exchange Commission (i) the press release issued on February 27, 1998 announcing that the Company commenced timber operations in Tome-Acu, in the Amazon Basin, within the same region as current operations in Brazil, based on recommendations from outside consultants related to timber production and environmental management; and (ii) the press release issued on March 11, 1998 announcing the Company executed an agreement with Metsa Timber Ltd., granting Metsa distribution and sales rights for the timber and timber-related products produced in the Company's Brazilian timber operations. Metsa will provide the Company with management and development assistance in the Company's Brazilian operations. Item 7. Financial Statements and Exhibits (c) Exhibit Number Reference (99) Additional Exhibits Press Release dated February 27, 1998 Exhibit 99.1 Press Release dated March 11, 1998 Exhibit 99.2 3 SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. NEVADA MANHATTAN MINING, INCORPORATED (Registrant) Date: March 12, 1998 BY: /s/ Jeffrey S. Kramer ------------------------------------------- JEFFREY S. KRAMER CHIEF FINANCIAL OFFICER 4 EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION - ----------- ----------- 99.1 Press Release dated February 27, 1998 99.2 Press Release dated March 11, 1998
EX-99.1 2 EXHIBIT 99.1 1 EXHIBIT 99.1 NEVADA MANHATTAN MINING, INC. COMMENCES TIMBER OPERATIONS IN TOME-ACU CALABASAS, Calif.--(BUSINESS WIRE)--Feb. 27, 1998--Nevada Manhattan Mining, Inc. (OTC BB: NVMH - news) announced today that based on recommendations from outside consultants related to timber production and environmental management, the Company began transporting an initial 1,000 cubic meters of the Company's inventory of raw materials to Tome-Acu, in the Amazon Basin within the same region as current operations. Timber production in this location should commence as early as March 2, 1998. These new timber milling operations commenced in anticipation of acquiring a leasehold interest in an operating sawmill located in this area in which hardwood is readily available for harvesting for approximately the next fifteen years. "By doing this, the Company will be able to substantially reduce its transportation expenses associated with the production of timber products, thereby creating additional efficiencies," stated Christopher Michaels, CEO of Nevada Manhattan. On a separate note, Nevada Manhattan confirmed that the Company's employment agreement with Ignatius (Eddy) Theodorou has been terminated. Mr. Theodorou was employed at the Company's Equatorial Resources subsidiary in Brazil. Sawmill operations for the Company are now being managed by Mr. Geraldo Guidolini who has over 20 years of hands-on experience in operating hardwood sawmills in the Amazon Basin. Nevada Manhattan Mining is a diversified, global natural resource company. In addition to its substantial timber operations in Brazil, it also has significant gold and coal concessions in Indonesia as well as gold mining operations in Nevada. For more information on Nevada Manhattan Mining, contact Yvonne S. Cambere at 818/591-4400, or fax 818/591-4411 or e-mail at administration@nevadamanhattan.com or visit Nevada Manhattan Mining's website at www.nevadamanhattan.com. EX-99.2 3 EXHIBIT 99.2 1 EXHIBIT 99.2 . NEVADA MANHATTAN MINING INC. CONTRACTS WITH METSA TIMBER FOR TIMBER DISTRIBUTION AND MANAGEMENT CALABASAS, CA., March 11, 1998 - Nevada Manhattan Mining Inc. (OTC BB: NVMH) has executed an agreement with Metsa Timber Ltd. Metsa Timber group is Europe's leading sawmilling group with a 1997 production of 2 million cubic meters of sawn timber in its 13 European units. Metsa Timber group reported net sales of $525 million USD in 1997. Nevada Manhattan controls over 1.5 million acres of hardwood timber forests in Brazil and is already in production. According to the agreement, Nevada Manhattan has granted Metsa Timber the distribution and sales rights for the output of timber and timber related products of its Brazilian subsidiary, Equatorial Resources. Metsa Timber's extensive marketing areas include the United Kingdom, France, Italy, Germany, Denmark, The Netherlands, Japan, Greece, Northern Africa and Arab countries. The agreement also provides Nevada Manhattan with management and development assistance which will be provided through one of Metsa's sister subsidiaries, FWI Wood International. "This agreement should play a significant role in our strategy to propel the Company to a level of increased cash flow by facilitating continued growth and success of our timber operations," stated Jeffrey S. Kramer, COO of Nevada Manhattan. The agreement also expresses compliance with international guidelines for sustainable forestry. In order to achieve this goal, Nevada Manhattan has commenced a development project for an Eco-Efficiency Model through Eco Rating International, Zurich, Switzerland to help insure that its timber harvesting and milling operations in Brazil adhere to ecologically sound practices. Eco Rating International is one of the private sector's environmental rating agencies specializing in evaluating the environmental performance of a project, firm or product through an in-depth analysis yielding a numerical score. Eco Rating International has completed more than 50 evaluations in a variety of industries, ranging from forestry to waste management. The Metsa Timber Group is a division of the Metsaliitto Group which is one of Europe's largest forest industry enterprises focusing on wood trading and forest products manufacturing. The Metsaliitto Group reported net sales of $4.86 billion USD in 1997. It has manufacturing operations in Europe, and its products are marketed worldwide. Nevada Manhattan Mining Inc. is a diversified, environmentally responsible global natural resource company. Its mission is to continue building an international natural resource company by acquiring, developing and operating rich resource assets, converting them to significant cash flow generators, thus enhancing shareholder value. The Company may develop these assets on its own or in conjunction with selected strategic partners. For more information on Nevada Manhattan Mining, contact Yvonne S. Cambere at 818/591-4400, or fax 818/591-4411 or e-mail at administration@nevadamanhattan.com or visit Nevada Manhattan Mining's website at www.nevadamanhattan.com. -----END PRIVACY-ENHANCED MESSAGE-----