144 1 f144_davidcreid.txt FORM 144 - DAVID REID
--------------------------- UNITED STATES | OMB APPROVAL | SECURITIES AND EXCHANGE COMMISSION |-------------------------| WASHINGTON, D.C. 20549 |OMB Number: 3235-0101 | |Expires: December 31,2006| |Estimated average burden | |hours per response...4.47| FORM 144 |-------------------------| | SEC USE ONLY | |-------------------------| NOTICE OF PROPOSED SALE OF SECURITIES | DOCUMENT SEQUENCE NO. | PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 | | |-------------------------| ATTENTION: TRANSMIT FOR FILING 3 COPIES OF THIS FORM CONCURRENTLY WITH EITHER PLACING AN ORDER | CUSIP NUMBER | WITH A BROKER TO EXECUTE SALE OR EXECUTING A SALE DIRECTLY WITH A MARKET MAKER. | | |-------------------------| | WORK LOCATION | | | --------------------------- -----------------------------------------------------------------------------------------------------------------------------------| |1(a) NAME OF ISSUER (PLEASE TYPE OR PRINT) | (b) IRS IDENT. NO. | (c) S.E.C. FILE NO. | | | | | | U.S. Gold Corporation | 84-0796160 | 0-9137 | |---------------------------------------------------------------------------------------------------------|------------------------| |1(d) ADDRESS OF ISSUER STREET CITY STATE ZIP CODE | (e) TELEPHONE NO. | | |-------------|----------| | 2201 Kipling Street, Suite 100 Lakewood Colorado 80215 | AREA CODE | NUMBER | | | 303 | 238-1438| |----------------------------------------------------------------------------------------------------------------------------------| |2(a) NAME OF PERSON FOR WHOSE ACCOUNT |(b) IRS IDENT. NO. |(c) RELATIONSHIP |(d) ADDRESS STREET CITY STATE ZIP CODE | | THE SECURITIES ARE TO BE SOLD | | TO ISSUER | | | | | | | | David C. Reid | |Officer & Director | 2201 Quitman Street, Denver, CO 80212-1115 | |----------------------------------------------------------------------------------------------------------------------------------| INSTRUCTION: THE PERSON FILING THIS NOTICE SHOULD CONTACT THE ISSUER TO OBTAIN THE I.R.S. IDENTIFICATION NUMBER AND THE S.E.C. FILE NUMBER. ------------------------------------------------------------------------------------------------------------------------------------ |3(a) | (b) |SEC USE ONLY | (c) | (d) |(e) |(f) |(g) | | TITLE OF | NAME AND ADDRESS OF |-------------| NUMBER OF | AGGREGATE | NUMBER OF | APPROXIMATE | NAME OF | | THE CLASS | EACH BROKER THROUGH | | SHARES OR | MARKET | SHARES OR | DATE OF SALE | EACH | | OF SECURITIES | WHOM THE SECURITIES |BROKER-DEALER| OTHER UNITS | VALUE | OTHER UNITS | (SEE INSTR. | SECURITIES | | TO BE SOLD | ARE TO BE OFFERED OR | FILE NUMBER | TO BE SOLD | (SEE INSTR. | OUTSTANDING | 3(f)) | EXCHANGE | | | EACH MARKET MAKER | | (SEE INSTR. | 3(d)) | (SEE INSTR.)| (MO. DAY YR.) | (SEE INSTR.| | | WHO IS ACQUIRING THE | | 3(c)) | | 3(e) | | 3(g)) | | | SECURITIES | | | | | | | |----------------------------------------------------------------------------------------------------------------------------------| |Common Stock |Charls Schwab & Co. Inc.| | | | | | | |$.10 par value |999 18th Street | | 50,000 | $57,500 | 19,628,954 | 3/24/04 | OTCBB | | |Denver, CO 80202 | | | | | | USGL | | | | | | | | | | |-----------------|------------------------|-------------|--------------|--------------|-------------|----------------|------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |-----------------|------------------------|-------------|--------------|--------------|-------------|----------------|------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ------------------------------------------------------------------------------------------------------------------------------------ INSTRUCTIONS: 1. (a) Name of issuer 3. (a) Title of the class of securities to be sold (b) Issuer's I.R.S. Identification Number (b) Name and address of each broker through whom the securities (c) Issuer's S.E.C. file number, if any are intended to be sold (d) Issuer's address, including zip code (c) Number of shares or other units to be sold (if debt securities, (e) Issuer's telephone number, including area code give the aggregate face amount) (d) Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice (e) Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer 2. (a) Name of person for whose account the securities (f) Approximate date on which the securities are to be sold are to be sold (g) Name of each securities exchange, if any, on which the (b) Such person's I.R.S. identification number, securities are intended to be sold if such person is an entity (c) Such person's relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing) (d) Such person's address, including zip code POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER. Page 1 of 2
|----------------------------------------------------------------------------------------------------------------------------------| | TABLE I -- SECURITIES TO BE SOLD | | | | FURNISH THE FOLLOWING INFORMATION WITH RESPECT TO THE ACQUISITION OF THE SECURITIES TO BE SOLD | | AND WITH RESPECT TO THE PAYMENT OF ALL OR ANY PART OF THE PURCHASE PRICE OR OTHER CONSIDERATION THEREFOR: | | | |----------------------------------------------------------------------------------------------------------------------------------| | | | | Name of Person from Whom | Amount of | | | | Title of | Date you | Nature of Acquisition | Acquired (IF GIFT, ALSO | Securities | Date of | Nature of | | the Class | Acquired | Transaction | GIVE DATE DONOR ACQUIRED) | Acquired | Payment | Payment | |-------------|------------|------------------------|-----------------------------------|--------------|--------------|------------| | | | | | | | | |Common Stock,| 11-19-03 |Exercise of Options | U.S. Gold Corporation | 100,000 | 11-19-03 |See Note 1 | |$.10 par | | | | | | | |value | | | | | | | | | | | | | | | |----------------------------------------------------------------------------------------------------------------------------------| INSTRUCTIONS: If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.
|----------------------------------------------------------------------------------------------------------------------------------| | TABLE II -- SECURITIES SOLD DURING THE PAST 3 MONTHS | | | | FURNISH THE FOLLOWING INFORMATION AS TO ALL SECURITIES OF THE ISSUER SOLD DURING THE PAST 3 MONTHS | | BY THE PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD. | | | |----------------------------------------------------------------------------------------------------------------------------------| | | | | Amount of | | | Name and Address of Seller | Title of Securities Sold | Date of Sale | Securities Sold | Gross Proceeds | |-----------------------------------------|-----------------------------|----------------|---------------------|-------------------| | | | | | | | None | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |----------------------------------------------------------------------------------------------------------------------------------| REMARKS: Note 1- The Reporting Person returned 22,222 options to purchase 22,222 shares of common stock to the Issuer which were cancelled by the Issuer under a cashless exercise to fund the purchase price of the 100,000 options exercised by the Reporting Person. The market value of the Issuer's common stock on November 18, 2003 was $0.88 per share, less the exercise of the returned options of $0.16, resulting in an aggregate equity value of the 22,222 shares underlying the options of $0.72 per share. INSTRUCTIONS: ATTENTION: See the definition of "person" in paragraph (a) of Rule 144. THE PERSON FOR WHOSE ACCOUNT THE SECURITIES TO WHICH THIS NOTICE Information is to be given not only as to the person for whose RELATES ARE TO BE SOLD HEREBY REPRESENTS BY SIGNING THIS NOTICE account the securities are to be sold but also as to all other THAT HE DOES NOT KNOW ANY MATERIAL ADVERSE INFORMATION IN REGARD persons included in that definition. In addition, information TO THE CURRENT AND PROSPECTIVE OPERATIONS OF THE ISSUER OF THE shall be given as to sales by all persons whose sales are SECURITIES TO BE SOLD WHICH HAS NOT BEEN PUBLICLY DISCLOSED. required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. March 23, 2004 /s/ David C. Reid -------------------------------------------------- ------------------------------------------------------- DATE OF NOTICE (SIGNATURE) THE NOTICE SHALL BE SIGNED BY THE PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD. AT LEAST ONE COPY OF THE NOTICE SHALL BE MANUALLY SIGNED. ANY COPIES NOT MANUALLY SIGNED SHALL BEAR TYPED OR PRINTED SIGNATURES. |----------------------------------------------------------------------------------------------------------------------------------| | ATTENTION: INTENTIONAL MISSTATEMENTS OR OMISSION OF FACTS CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001) | |----------------------------------------------------------------------------------------------------------------------------------| SEC 1147 (09-03) Page 2 of 2