UNITED STATES
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):, December 29, 1997
UNITED STATES ANTIMONY CORPORATION
(Exact name of registrant as specified in its charter)
Montana 33-00215 81-0305822
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation or organaization) Identification Number)
P.O. Box 643, Thompson Falls, Montana 59873
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (406) 827-3523
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANTS
On December 29, 1997, the Chairman of the Board of Directors of United
States Antimony Corporation (the "Company") engaged Jeffrey R. Maichel,
CPA, to serve as the Company's independent accountant for the fiscal year
ending December 31, 1997. Concurrently, the Chairman dismissed Coopers and
Lybrand,LLP, the Company's previous independent accontants. The engagmenet
of Mr.Maichel and the dismissal of Coopers and Lybrand LLP was pursuant to a
recommendation approved by the Company's Board of Directors.
During the two fiscal years ended December 31, 1996 and 1995, (i) there were
no disagreements with Coopers and Lybrand LLP on any matter of accounting
principles or practices, financial statement disclosure, or auditing scope or
procedures, which disagreements if not resolved to its satisfaction would have
caused it to make reference in connection with its report to the subject matter
of the disagreement, and (ii) Coopers and Lybrand LLP has not advised the
Company of any reportable events as defined in paragragh (A) through (D) of
Regulation S-K Item 304 (a) (1) (v).
The accountants' report of Coopers and Lybrand LLP on the consolidated financial
statements of United States Antimony Corporation as of and for the years
ended December 31, 1996 and 1995 did not contain any adverse opinion or
disclaimer of opinion, but was qualified as to the uncertainty of the Company's
ability to continue as a going concern.
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ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
A. Exhibits:
Exhibit 16. Letter dismissing prior accountants
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.
UNITED STATES ANTIMONY CORPORATION
Date: December 29, 1997 By: /S/JOHN C. LAWRENCE
-------------------------------
John C. Lawrence
President and Chief
Accounting Officer
-4-
UNITED STATES ANTIMONY CORPORATION
POST OFFICE BOX 643
THOMPSON FALLS, MONTANA 59873-0643
406-827-3523
406-827-3543 FAX
_________________________________________________________________
29 December 1997
Greg Hougham
Kathy Kopczick
1600 Seafirst Fiancial Center
Spokane, WA
99201
Dear Greg and Kathy:
This letter is to inform you that by vote of the Board of Directors of
United States Antimony Corporation we have engaged Jeffrey R. Maichel, CPA as
our certifying accountant for the coming year end. Accordingly, we must also
inform your firm,Coopers and Lybrand, that they are dismissed as
our certifying accountants.
Jeff will be filing the 8-k shortly and include this letter as an exhibit.
I have enjoyed our association over the years, and wish both of you the best.
Sincerely,
[S] John C. Lawrence
John C. Lawrence
President, United States
Antimony Corporation
cc Jeff Maichel