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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
August 27, 1997
FIRST AMERICAN SCIENTIFIC CORP.
(Exact name of registrant as specified in its charter)
NEVADA
(State or other jurisdiction of incorporation)
0-27094 88-0338315
(Commission File No.) (IRS Employer ID)
409 Granville Street
Suite 303
Vancouver, British Columbia
Canada V6C 1V5
(Address of principal executive offices and Zip Code)
(604) 681-8656
(Registrant's telephone number, including area code)
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ITEM 9. Sales of Equity Securities Pursuant to Regulation S.
On or about the 8th day of May, the Registrant sold 650,000
shares of Common Stock in consideration of $80,600 pursuant to
Regulation S of the Securities Act of 1933, as amended (the "Act");
the name of the non-U.S. purchaser is Huntingdon Limited and its
address is 12/13 Hill Street, Douglas, Isle of Man, British Isles
IM99 IBW. The applicable restricted period as to the shares under
Regulation S is forty (40) days since the Registrant is required to
file reports with the Securities and Exchange Commission.
On or about the 8th day of May, 1997, the Registrant sold
100,000 shares of Common Stock in consideration of $12,400 pursuant
to Regulation S of the Act; the name of the non-U.S. purchaser is
F. J. Rigney Resources Ltd. and its address is 2200 - 609
Granville, Vancouver, British Columbia, Canada V7Y 1T2. The
applicable restricted period as to the shares under Regulation S is
forty (40) days since the Registrant is required to file reports
with the Securities and Exchange Commission.
On or about the 8th day of May, 1997, the Registrant sold
187,000 shares of Common Stock in consideration of $23,188 pursuant
to Regulation S of the Act; the name of the non-U.S. purchaser is
Magic Trading Limited and its address is P. O. Box 107, Oceanic
House, Duke Street, Grand Turk, Turks and Caicos Islands, British
West Indies. The applicable restricted period as to the shares
under Regulation S is forty (40) days since the Registrant is
required to file reports with the Securities and Exchange
Commission.
On or about the 26th day of June 1997, the Registrant sold
516,250 shares of Common Stock in consideration of $66,378 pursuant
to Regulation S of the Securities Act of 1933, as amended (the
"Act"); the name of the non-U.S. purchaser is Huntingdon Limited
and its address is 12/13 Hill Street, Douglas, Isle of Man, British
Isles 1M99 1BW. The applicable restricted period as to the shares
under Regulation S is forty (40) days since Registrant is required
to file reports with the Securities and Exchange Commission.
On or about the 26th day of June, 1997, the Registrant sold
762,500 shares of Common Stock in consideration of $98,144 pursuant
to Regulation S of the Act; the name of the non-U.S. purchaser is
Magic Trading Limited and its address is P.O. Box 107, Oceanic
Hosue, Duke Street, Grand Turk, Turks and Caicos Islands, British
West Indies. The applicable restricted period as to the shares
under Regulation S is forty (40) days since Registrant is required
to file reports with the Securities and Exchange Commission.
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On or about the 2nd day of July, 1997, the Registrant sold
225,000 shares of Common Stock in consideration of $38,025 pursuant
to Regulation S of the Securities Act of 1933, as amended (the
"Act"); the name of the non-U.S. purchaser is Cavendish Investments
International Ltd. and its address is Abbey Business Center, Digby
Road, Sherborne Dorset, United Kingdom, DT9 3NL. The applicable
restricted period as to the shares under Regulation S is forty (40)
days since the Registrant is required to file reports with the
Securities and Exchange Commission.
On or about the 2nd day of July, 1997, the Registrant sold
500,000 shares of Common Stock in consideration of $75,000 pursuant
to Regulation S of the Act; the name of the non-U.S. purchaser is
Bentley Financial Inc. and its address is P. O. Box 107, Oceanic
House, Duke Street, Grand Turk, Turks and Caicos Islands, British
West Indies. The applicable restricted period as to the shares
under Regulation S is forty (40) days since the Registrant is
required to file reports with the Securities and Exchange
Commission.
On or about the 18th day of July, 1997, the Registrant sold
500,000 shares of Common Stock in consideration of $75,000 pursuant
to Regulation S of the Act; the name of the non-U.S. purchaser is
Cavendish Investments Ltd. and its address is Abbey Business
Center, Digby Road, Sherborne Dorset, United Kingdom DT9 3NL. The
applicable restricted period as to the shares under Regulation S is
forty (40) days since the Registrant is required to file reports
with the Securities and Exchange Commission.
SIGNATURE
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.
FIRST AMERICAN SCIENTIFIC CORP.
BY: /s/ Robert Dinning,
Treasurer and Chief Financial Officer
DATED: August 27, 1997
