-----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, MRmhI3zB1idFHFaqKw6CZOn6i7E0MV5b2zGVzD0K6Zi0OBSenmuv/N1Dg+y/WC4E uHu1NSdyZXouxAMqqXebnw== 0000950150-96-001411.txt : 19961120 0000950150-96-001411.hdr.sgml : 19961120 ACCESSION NUMBER: 0000950150-96-001411 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961114 ITEM INFORMATION: Other events FILED AS OF DATE: 19961118 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: GLAMIS GOLD LTD CENTRAL INDEX KEY: 0000782819 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11648 FILM NUMBER: 96668581 BUSINESS ADDRESS: STREET 1: 3324 FOUR BENTALL CENTRE STREET 2: 1055 DUNSMUIR ST V7X 1L3 CITY: VANCOUVER BC CANADA STATE: A1 BUSINESS PHONE: 6046813541 8-K 1 FORM 8-K DATED NOVEMBER 14, 1996 1 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 (Date of earliest event reported) November 14, 1996 ------------------- GLAMIS GOLD LTD. ------------------------------------------------------- (Exact name of registrant as specified in its charter) British Columbia, Canada ----------------------------------------------- (State or other jurisdiction of incorporation) 0-31986 (86-689) None - -------------------------- ----------------------------------- (Commission File Number) (IRS Employer Identification No.) 3324 Four Bentall Centre, 1055 Dunsmuir Street, Vancouver, B.C., V7X 1L3 - ------------------------------------------------------------------------------- (Address of principal executive officers) (Zip Code) Registrant's telephone number, including area code (604) 681-3541 ---------------- n/a -------------------------------------------------------------- (Former name or former address, if changed since last report) Exhibit begins on Page 4 Page 1 of 4 Pages 2 - 2 - ITEM 5: OTHER EVENTS By news release dated November 14, 1996, a copy of which is attached hereto as Exhibit 99, the Registrant announced the sale of 4,500,000 Common shares to a syndicate of Canadian Underwriters at a price of U.S.$7.30 per share to raise U.S.$32,850,000. In addition the Underwriters have an option, to be exercised by 1:00 pm in Vancouver, British Columbia on November 18, 1996, to acquire an additional 500,000 Common shares at the same price. The Common shares will be qualified for sale in Canada through a prospectus filed with the various provincial regulatory bodies. The common shares being offered have not been and will not be registered under the United States Securities Act of 1933, as amended, or states securities laws, and, subject to certain exceptions, may not be offered or sold in the United States or to U.S. persons. 3 - 3 - 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 thereunto duly authorized. GLAMIS GOLD LTD. ----------------------------------- (Registrant) November 14, 1996 /s/ G. Barry Finlayson ----------------------------------- G. BARRY FINLAYSON Secretary EX-99 2 PRESS RELEASE 1 - 4 - EXHIBIT 99 NEWS RELEASE GLAMIS GOLD LTD. FOR IMMEDIATE RELEASE Trading Symbol: TSE, NYSE - GLG November 14, 1996 - ------------------------------------------------------------------------------- U.S. $32,850,000 OFFERING OF COMMON SHARES Vancouver, B.C., Canada - Glamis Gold Ltd. has entered into an underwriting agreement with a syndicate of Canadian underwriters under which they have agreed to buy, and sell to the public 4,500,000 common shares for a purchase price of U.S.$7.30 per share. There is also an option for the further sale of an additional 500,000 shares on the same terms. The closing of the sale of the common shares is to occur on or about December 5, 1996. The common shares being offered for sale have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. Approximately U.S.$8,400,000 of the net proceeds realized from the offering will be used to repay bank indebtedness which was incurred to fund Glamis' Rand Mine Optimization Program and the balance will be used to partially fund the placing of Glamis' Imperial Project into commercial production. Glamis is a low-cost gold producer whose shares are listed on the Toronto and New York Stock Exchanges. On Behalf of the Board of Directors /s/ J.R. Billingsley - ------------------------------------- J.R. Billingsley Vice President, Administration - ------------------------------------------------------------------------------- For further information contact: Glamis Gold Ltd. P.O. Box 49287 Vancouver, B.C. V7X 1L3 (604) 681-3541 * Fax: (604) 681-9306 Internet:http//www.glamis.com -----END PRIVACY-ENHANCED MESSAGE-----